Unemployment

Unemployment is certainly bad for those people who have lost their jobs, but for those who look at the unemployment numbers for a direction of things to come in the stock market, it's a different story. Yesterday's jobs report sent the stock market reeling as the data showed that more jobs were lost in the month of June than previously expected. But if you look at the stock market history, enemployment usually peaks after a recession is over and the stock markets begin a new bull market period. The jobs report is a lagging market indicator and should not have caused a sell off like what happened yesterday. Strange things happen in short holiday weeks like this, when most traders are gone. One should expect a pullback after strong ralleys like we have recently seen, so don't let one bad day scare you back out of the market. Cash is still king when looking for opportunities. The need for diversification of assets is greater than ever, and tactical moves are needed to stay ahead of the herd. Get your game face on and get back in the playing field!