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Apparently everybody decided today that tomorrow’s March jobs report will show accelerating economic growth

Apparently everybody decided today that tomorrow’s March jobs report will show accelerating economic growth

With the financial markets closed tomorrow for Good Friday, traders and investors jumped in to buy today ahead of what is expected to be a jobs report tomorrow morning showing unemployment dropping to 6.0% (by the official measure) from 6.2% in February. The Standard...
Apparently everybody decided today that tomorrow’s March jobs report will show accelerating economic growth

Tech bounces off 50-day moving average

They’re back. Tech stocks were back big this morning as the NASDAQ bounced off of its 50-day moving average. As of noon New York time, the Standard & Poor’s 500 was up 2.16% and the NASDAQ Composite was ahead 2.69%. The Technology Select Sector SPDR...

Update ASML Holding (ASML)

The semiconductor equipment race is heating up even faster than I laid out in my January 14 post on Intel https://jubakpicks.com/2011/01/18/the-chip-war-thats-bad-for-intel-is-good-for-the-shares-of-chip-equipment-makers/ Samsung Electronics, perhaps Intel’s biggest...

Update ASML Holding (ASML)

No real surprise that shares of ASML Holding (ASML) have paused in the last few days. European stocks—and ASML is headquartered in Veldhoven Netherlands, have been under pressure from the renewal of the euro debt crisis. Cisco Systems (CSCO) disappointing guidance on...

Buy ASML Holding (ASML)

Talk about rebounds. In 2009 this maker of lithography equipment used to etch computer circuits onto silicon lost 45 cents per ADS (American Depository Share). In 2010 Standard & Poor’s is projecting that the company will make $2.41 per ADS. The reason for the...