7 Best Stocks for the Next 30 Days

Get them in a free Special Report, and get more Zacks Insights in our free e-newsletter, Profit from the Pros. Every issue includes a fresh Zacks #1 Bull Stock of the Day.

Close This Panel X

Are you a new Zacks Member or a visitor to Zacks.com?

Recent Quotes

No Recent Quote currently available

My Portfolio

My Portfolio Tracker

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Stocks on the Move 05/17/2013

Company Name Symbol %Change
VIASAT INC VSAT
19.35%
OLD SECOND B OSBC
5.76%
GAMCO INVEST GBL
4.61%
CORNING INC GLW
4.47%
SYNCHRONOSS SNCR
4.23%

Will August Jobs Miss Bring Fed Fire?

by Kevin Cook

September 07, 2012 | Comments : 0 Recommended this article: (0)

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

The BLS jobs report was released moments ago and here are the headlines...

Non-farm payrolls increased by 96,000 vs consensus expecations of around 125K Insult to injury, revisions to June and July NFP lopped off 41,000 jobs This brings 2012 avg monthly job creation down to 139K vs. 2011's 150+ One headline brightspot for the current administration to tout: the household survey unemployment rate dropped to 8.1% from 8.3%, when most economists were expecting little change While we can break down the internals of the report more here -- and I'm hoping Sheraz will help us do that -- the headline sub-100k new jobs number is enough to spur conversations about if and when the Federal Reserve may fire its last remaining ammo to bolster this economy. Remember, there is statistical slopiness in this data. Roughly speaking, the margin of error could be as high as 75K jobs. So to use NFP data and have it be statistically significant, we need to see job creation over 100K. Sheraz and John Blank can explain this better than I. Bottom line: it's all about housing and jobs for Bernanke, as it has been since he kept QE alive in 2010. Does today's report make his FOMC launch another big stimulus weapon next Wednesday?
RELATED ARTICLES

Payroll Numbers Disappoint

3 ETFs To Prepare For The Fiscal Cliff

ECB Plan a Crisis Game-Changer?

Email Print Share Rate Pos Rate Neg

Read/Post Comments (0) | Recommended this article (0)

Please login to Zacks.com or register to post a comment.

Zacks Research is Reported On:

Zacks Investment Research

is an A+ Rated BBB

Accredited Business.