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Afternoon everyone welcome back to foxnews.com live I'm -- estate and we have plenty of news to talk about regarding the markets today.
So here to help me analyze and digested all we have -- Mo Rivera -- from ordinarily.
I'm worried how are you I'm good thank you Diane how are you thanks for being on that they've created that market doing pretty well right now but it didn't like trading -- How much.
Well I don't ever really give much credence today's like this historically this is this -- -- vacation week for more on my residents celebrate -- I think that song.
Most of the time this week very light volume is currently so really anything that happens we can I think can -- but I don't know -- -- -- -- a rally on volume -- yes.
And now I want to talk about some of the numbers starting the jobless claims we didn't get anything lower than expected you know better than expected.
Okay but at the same time the Labor Department did come out and say that that's a number of -- technical issues and so again we get this number any credit at all we have to wait and see what it's revised its three.
Well I mean I think it's any good news on the jobs front is good news I mean obviously that's something to pay attention to a 30000.
Is usually a number that's considered to be a significant move.
This was 37000 adjusted are not.
I mean I think some people think that was probably -- pretty good number.
But I have to say that I think -- -- more in.
Tune with listening to what mr.
Bernanke's and in his -- after his speech and that was that you know the job situation here the national crisis.
I don't think that one set out -- Relatively good numbers in the right direction eyes -- change that much.
What did you make of Bernanke's call the congress as I indicated trying to motivate political leaders to do more thing and maybe retraining job listening.
Help them get a job his messages have been out of work for six.
More on the -- I'll come in and -- -- in the housing industry.
More housing numbers today weren't so great actually I think.
Most of the core issues that are leading to our.
Economic slump you know it's jobs and housing people are not -- spend money we go right back to 70% of our GDP depends on how much money -- consumer spending.
Analyst people are comfortable with their -- -- -- I think you know they're not gonna do that had to sort of look to the Federal Reserve to -- all of those problems.
Is really kind of unfair we need some positive coming out of Washington -- leadership coming out of Washington.
You really get us back on the right track and I think that's what it means.
And that you mentioned -- -- -- -- numbers -- that's today about one point.
Than expected but.
Don't like He -- -- there.
Well I mean I I don't know I think if you wanna say the two -- -- representation of how investors feel.
I suppose I would say over optimistic I don't think that the daylights agrees to really representative.
And investors on the whole you know this is really trader's market and we seems to be fairly tight range.
Com overall even with the last today's rally seems -- haven't retraced any of velocity completely that we've seen over the last.
On last previous week so I think so long way to gallon I don't think we're gonna see much in terms of getting out of that range for quite some.
-- very much -- -- -- -- company thank you so much for joining thank you I appreciate it demonstrates that.
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