Friday left the day and the week closing red across the broader markets on weak jobs numbers. Volume increased on Friday for the NYSE and Nasdaq leaving a distribution day. The week ended on a very nervous tone and the data the market was anticipating disappointed to show the growth. The market is worried there is some slow down and wants to know if the Fed will step in and will that even offer the help needed? Gold rallied to 16 month highs closing up $5.80 at $710.40 an ounce. Oil also closing up on the day by 40 cents at $76.70 a barrel. [...]
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[Source: The Money Blogs]
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