Weaker Payroll Numbers and Bitcoin plummets

Weaker Payroll Numbers pushed the market higher

after the disappointing Payrolls number was announced: +113k v +74k. Expectations were 150k to 175k. Nevertheless, the market gapped up at the open to SPX 1782, rallied to 1788 in the first few minutes, then began to pullback. At 10:30 the SPX hit 1777, then started moving higher. Heading into the close the SPX hit 1798 and ended the week at 1797

Weak jobs number alone won’t sway Fed: Fisher

"Despite another anemic jobs report, the FOMC is on the right course with tapering, Dallas Fed' Richard Fisher says."
http://www.cnbc.com/id/101398821

 

an image of Fed *the Fed is like “the

 

Mt Gox halted withdrawals pushed down Bitcoins Value by 20%

Bitcoin plummets 20% after trading halt on Mt Gox

"Virtual currency bitcoin lost nearly twenty percent of its value on Thursday evening when major exchange Mt Gox halted withdrawals."
http://www.cnbc.com/id/101398515

 

 

 

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