One Option Trading Blog http://ift.tt/24teFCb Posted 9:40 AM ET - Last Friday the jobs report came in at 36,000. That was a substantial miss and 160,000 new jobs were expected. The market sold off on the news and it found support after an hour of trading. It spent the rest of the day recovering and the SPY is back above $210. I don't trust this jobs number and I am expecting a big upward revision. ADP came in at 174,000 and that number is much more reliable. The government's numbers are always filled with seasonal adjustments and they rely on government offices to report unemployment claims …
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