Great Jobs Numbers? Sell!
By: Matthew Whiz Buckley
In today’s Friday Market Wrap-up, WCI’s Chief Investment Strategist Matthew ‘Whiz’ Buckley discusses the very good/ very bad jobs numbers.
“Good news for the economy means bad news for the market,” says Mr. Buckley. “Traders Beware and get ready for a pullback.”
He also covers how the FOMC minutes caused a triple-digit pullback a week and a half ago on the ‘mere hint’ that the Fed would end its asset buying. Today’s good unemployment numbers bring that ‘day of reckoning’ even closer, so this market will most likely pullback.
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