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staffing: Archive

Mark Vickery

Pre-Markets Enjoy PCE Report; Jobless Claims Rise

PCE numbers suggest that the consumer appetite is cooling a bit, but perhaps in a responsible way.

BBYPositive Net Change QQQPositive Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

Pre-Markets Bask in NVIDIA, Lower Jobless Claims

The Nasdaq, led by NVIDIA, is up +360 points at this hour. Even the Dow is +200 points.

NVDAPositive Net Change NEMPositive Net Change SQPositive Net Change

Mark Vickery

BLS Jobs Up Big: 353K, 3.7% Unemployment

353K new jobs created for January are nearly double the 180K or so analysts were looking for.

CVXPositive Net Change BMYPositive Net Change ADPPositive Net Change XOMNegative Net Change ABBVPositive Net Change

Mark Vickery

Jobless Claims & Productivity Leap Higher; CAH, IP, HON Report

Once the market closes, we'll await earnings reports from three of the Magnificent 7 stocks: Apple, Amazon and Meta.

AMZNPositive Net Change AAPLPositive Net Change ADPPositive Net Change HONNegative Net Change NVDAPositive Net Change CAHNegative Net Change IPPositive Net Change METANegative Net Change

Mark Vickery

ADP Cools to 107K Private-Sector Jobs; BA, NVO Beat in Q4

We've now spent a full six months sub-200K private-sector job gains per month.

BAPositive Net Change MSFTNegative Net Change CRMNegative Net Change ADPPositive Net Change NVOPositive Net Change GOOGLPositive Net Change

Mark Vickery

It's Jobs Week Already? Plus Q4 Reports from MSFT, GOOGL, AAPL, AMZN

This week starts slow, but we'll end it with a full-fledged Jobs Week for February. Plus more than half the Magnificent 7 reports earnings.

AMZNPositive Net Change AAPLPositive Net Change AMDPositive Net Change MSFTNegative Net Change ADPPositive Net Change PFEPositive Net Change SBUXPositive Net Change GMPositive Net Change MDLZPositive Net Change GOOGLPositive Net Change SNAPNegative Net Change

Mark Vickery

Big Morning for Trading News: Q4 GDP, Jobless Claims, Durable Goods & More

The S&P 500 seeks its fifth-straight record high in as many trading sessions.

INTCNegative Net Change BXNegative Net Change QQQPositive Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

New Econ Reports Keep Recession at Bay

Domestic employment is as robust an indication there is that a recession remains off the foreseeable horizon.

FASTPositive Net Change KEYNegative Net Change QQQPositive Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

CPI Warmer than Expected; Jobless Claims Stay Low

Core CPI year over year of +3.9% is the first sub-4% print since May 2021.

BACNegative Net Change WFCNegative Net Change JPMNegative Net Change CNegative Net Change UNHNegative Net Change DALNegative Net Change

Mark Vickery

Jobs +216K, Unemployment 3.7%: Better than Expected

If you're looking for data that will allow the Fed to put some slack in interest rates near-term, these numbers are a disappointment.

BACNegative Net Change JPMNegative Net Change CNegative Net Change ADPPositive Net Change

Mark Vickery

Early 2024 Markets Sweep Up Excesses

All major indices are in the red so far in the first trading week of 2024, with the small-cap Russell down nearly -5% in just three days.

AAPLPositive Net Change QQQPositive Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

ADP, Jobless Claims Better than Expected

ADP private-sector payrolls for December came in hotter than expected: 164K versus 130K consensus.

ADPPositive Net Change CAGPositive Net Change WBAPositive Net Change

Mark Vickery

On Inflation Management and High Expectations

If there's one sure way for the Fed to instigate an economic recession, it would be by keeping rates abnormally high for too long of a time.

QQQPositive Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

Jobs Week to Kick Off with JOLTS; Fed Minutes Today

We'll also get private-sector payrolls from ADP (ADP) for December along with Weekly Jobless Claims tomorrow, and the all-important Employment Situation report Friday morning.

AAPLPositive Net Change ADPPositive Net Change QQQPositive Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

On the Last Trading Day of 2023, Looking Ahead to Jobs Week

As always, we look for clues as to where things are headed in 2024, and next week brings a fresh Jobs Week.

ADPPositive Net Change QQQPositive Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

Labor, Housing Stay Healthy Going into 2024

The Dow is striking new all-time highs (not seen in almost two years, by the way), and the S&P is too, but we're still off November 2021 all-time highs on the Nasdaq and Russell.

QQQPositive Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

Santa Claus Rally Losing Steam; Jobless Claims Up a Bit

The economy has done better than expected through 2023 -- how long can this continue?

QQQPositive Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

After Big Gains, Is a "Santa Claus Rally" Possible?

Any Santa Claus rally from here would likely be a resuming of bullish narratives followed over the past couple weeks.

ADPPositive Net Change QQQPositive Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

Bring on Santa! Economic Prints (Mostly) Favorable

After Q3 GDP, jobless claims and Philly Fed, results in the markets have been to drive higher while yield rates on 2-year and 10-year Treasury bonds have been falling.

QQQPositive Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

Economic Data Supports Fed Positivity

We appear to be on the other side of the mountain, and market participants are rejoicing.

QQQPositive Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

BLS Shows 199K New Jobs; Unemployment Down to 3.7%

This 199K figure is roughly in the median of the past several months, which had been roughly double during the Great Reopening period.

ADPPositive Net Change QQQPositive Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

Lululemon, Broadcom Beat After-Hours; Jobs Report Tomorrow

Tomorrow morning is the big Employment Situation report, expected to bring in 190K new jobs for November.

ADPPositive Net Change LULUNegative Net Change AVGOPositive Net Change

Mark Vickery

Jobless Claims Cool Week Over Week; Pre-Markets Up

After seeing last week's headline Continuing Claims spike up north of 1.9 million, today's number is back down to 1.861 million.

ADPPositive Net Change QQQPositive Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

ADP 103K, Productivity +5.2%: Goldilocks-Adjacent

At roughly 100K private-sector job gains per month, we're still on track for a soft landing in the overall economy.

ADPPositive Net Change QQQPositive Net Change SPYNegative Net Change DIANegative Net Change

Mark Vickery

JOLTS Data Tame, Most Indices See Profits Booked

JOLTS results came in lower than expected: 8.7 million domestic job openings fell -617K from the previous month's downwardly revised 9.4 million.

TOLNegative Net Change QQQPositive Net Change SPYNegative Net Change DIANegative Net Change