Markets Delayed Reaction to the Jobs Report Ep. 69

Published: April 7, 2015, 7:15 p.m.

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\\n\\t* Markets are finally getting a chance to react to worst jobs report in two years
\\n\\t* March non-farm payrolls coming in at about half of forecast
\\n\\t* Dollar was off about 1% on FOREX
\\n\\t* Stock futures were down on opening bell but shot 100 points higher
\\n\\t* "Bad News is Good News" rally
\\n\\t* CNBC thinks jobs takes June rate hike is off the table - but it was never on the table in the first place
\\n\\t* The Fed will not be serving a September rate hike either
\\n\\t* It\'s going to be an all you can eat "QE Buffet"
\\n\\t* The dollar should have sold off more, but the bull market persists
\\n\\t* Currency traders are using circular logic about the strong dollar
\\n\\t* The dollar is rising for the same reason that the economy is slowing - the Fed has suspended QE and higher rates are expected
\\n\\t* The effects of a strong currency should build over time
\\n\\t* When the dollar uptrend ends, it will be a collapse because there are so many people on the wrong side of the trade
\\n\\t* March ISM Non-Manufacturing Index slipped more than expected - lowest since June 2014, a two-year low
\\n\\t* Monday WSJ article said that if Fed is worried to raise rates even a quarter of a point, then the U.S. Economy is not as strong as everyone thinks
\\n\\t* If the Fed really believes the economy is strong, they would have already raised rates
\\n\\t* Continued low interest rates indicate the Fed does not believe the economy is strong.
\\n\\t* Crude Oil continues to rebound - above $53/barrel
\\n\\t* If we close above $54, the market should see move up to mid $70\'s
\\n\\t* Higher oil prices will start to hurt consumers
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