Friday, October 7, 2011

Wall Street is a Crooked, Rotten, Rigged Casino

Just to keep everybody on their toes, the criminals running the Wall Street Casino sold off stocks at the end of the day.

The only real news - if one can call data from the horribly inefficient BLS "real" - was the September non-farm payroll report, showing a gain of 103K for the month. August was revised upward, from zero to 57,000 new jobs. Yeah, sure.

There's so much noise in this market, let's just leave it there. Maybe it will die and rot away over the Columbus day weekend.

Have a nice weekend. Go, Cardinals!

Dow 11,103.12, -20.21 (0.18%)
NASDAQ 2,479.35, -27.47 (1.10%)
S&P 500 1,155.46, -9.51 (0.82%)
NYSE Composite 6,925.80, -71.84 (1.03%)
NASDAQ Volume 2,106,904,500
NYSE Volume 5,434,408,500
Combined NYSE & NASDAQ Advance - Decline: 1866-4649
Combined NYSE & NASDAQ New highs - New lows: 19-89
WTI crude oil: 82.98, +0.39
Gold: 1638.60, -11.70
Silver: 31.10, -0.83

No comments: