Though unemployment is at new low for the move, so is job participation. But the news was enough to create a mild slaughter again as in "to many to count" for the Bears. They are said to be reconsidering the Death Cross signal as a way to predict the next financial black plague but are taking suggestions at 1 800 j-u-s-t s-h-o-o-t m-e.
The CoverRisk data still shows the up trend in place with few signs of an end. Deep discounts at the end of yesterday's trade in S&P500 were corrected overnight in part by attraction and the part by the ever present insider leaking we have all come to love. If they can hack into every major financial institution, they can certainly get all the data they want from the idiots at the Labor Department.
Weekly performance in the S&P 500 is the only positive negative in Bear talk. There is always Putin, the Chinese, and Ebola to bet on but the last quarter of every year is a particularly tough journey for shorts. The best rally killer is down, very fast, and for no reason. It makes every one panic.
