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Pre NFP Melt Up, European Rally Edition

Posted By Barry Ritholtz On July 5, 2013 @ 8:00 am In Employment,Markets | Comments Disabled

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7.5.13 futres [1]

 

 

 

Its a holiday weekend, so I am not going to detail all of the usual factors about NFP. Last month’s critique – THE MOST IMPORTANT EVER NFP blah blah blah [2] — should be reread; You can see the past 1000 or so kvetching posts on the subject of NFP here [3]).

The more interesting news is the sudden resurgency of embracing equities overseas. Following our 1pm close on Wednesday, Europe had a gangbusters rally — and we are set to follow suit.

One other thing to remember today: Rookies are manning the terminals. Anything can happen!

Me, I’m on the beach today — it looks gorgeous out . . .

 

BLS report is out at 8:30 am [4]

~~~

 

 

Previously:
Apprenticed Investor: The Folly of Forecasting [2] (June 8th, 2005)

NFP Day: The Most Over-Analyzed, Over-Emphasized, Least-Understood Data Point [5] (February 4th, 2011)

An Unusually Unusual NFP Payroll Day! [2] (June 3rd, 2011)

THE MOST IMPORTANT EVER NFP blah blah blah [2] (June 7th, 2013)


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2013/07/pre-nfp-melt-up-european-rally-edition/

URLs in this post:

[1] Image: http://www.bloomberg.com/markets/stocks/futures/

[2] THE MOST IMPORTANT EVER NFP blah blah blah: http://www.ritholtz.com/blog/2013/06/most-important-blah-blah-blah/

[3] here: http://www.ritholtz.com/blog/category/employment/

[4] BLS report is out at 8:30 am: http://www.bls.gov/news.release/empsit.toc.htm

[5] NFP Day: The Most Over-Analyzed, Over-Emphasized, Least-Understood Data Point: http://www.ritholtz.com/blog/2011/02/nfp-over-over-least/

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