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Jobs, Commodities and Vehicle Sales - Navellier

Posted by Gabriel Burczyk | Founder & CEO
July 11, 2012

This week's commentary from Navellier & Associates focuses on the latest jobs report and commodity prices. "Despite sizzling temperatures and Fourth of July fireworks, the stock market cooled down after Friday's payroll report put investors in a bad mood. But most bad news has a silver lining: (1) The world economy is slowing down, but that means lower oil prices and (2) Companies aren't hiring as fast, but their higher productivity could boost earnings. For the week, the Dow Industrials and S&P 500 fell 0.84% and 0.55%, respectively, but the Russell 2000 rose 1.08%, and NASDAQ eked out a 0.08% gain."

Navellier & Associates, Inc.