Stocks retreated on Wall Street early Friday after the U.S. government reported that only 80,000 jobs were created in June, the third straight month of weak hiring.
The Dow Jones industrial average dropped 134 points to 12,762 in the first hour of trading Friday. The loss wiped out the Dow's gain for the week.
http://finance.yahoo.com/news/us-stocks-drop-weak-june-134701709.html
Conservatism and consistency get paid off.
ZH said,
The worst news is that the number is not bad enough for more NEW QE immediately.http://www.zerohedge.com/news/june-non-farm-payrolls-come-80000-misses-expectations-unemployment-rate-82
I am not sure where the market goes. I will think of add equity around 1320.
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