And split the audience of stock players really is. First, it was a truly great day for all stocks. The dow climbed 166 points, s p gaining 1. 33 , nasdaq falling 1. 69 . That was easy. Something that probably makes the uninformed feel like the market is truly a heartless beast. How else can you interpret this rally on the backs of the unemployed . As countries simply didnt create as many jobs as we hoped, 113,000 last month, many looking for a number 50 greater than that. How can investors be cheered by this figure . First, were always glad whenever we put a huge number like this employment number behind us. Something you know as my big bad event theory. Where buyers are happy a number is behind us, rearview mirror, giving us some certainty for a bit, at least, thats gift number one. Gift number two, some investors now think the economy is weak enough you have to wander back into the classic growth stocks. Namely companies we like like priceline, celgene, netflix, three of our favorite
Three but four gifts for the bulls with this mornings very weak nonfarm Payroll Employment number. Its a reminder of how fickle and split the stock market really is. The dow climbed 166 points. S p 500 gained. Nasdaq falling 1. 69 . That was easy. Something that makes the uninformed feel like the market is truly a heartless beast. How else can you interpret this rally on the backs of the unemployed. As congress said, we didnt create nearly as many jobs as we hoped. How could investors be cheered by this figure . First, were always glad whenever we put a huge number like this behind us. Something you know where buyer happy that its behind us giving us certainty for a bid. Some investors now think that the economy is weak enough that you have to wander back to the classic growth stocks. Namely Companies Like price line, netflix, three of our favorites. All which soared today because they can keep growing in a slowing economy. E gift three, when the economy is this weak, many investors pi