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Rich Ilczyszyn of iiTrader.com discusses how the latest jobs report is impacting the markets and economy.
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Eight to the downside.
Well let's go back to Richfield chew Asian in Chicago he's been looking at all these numbers and he's an active trade -- -- I wanted to tell me rich real fast -- the would recession.
In America's immediate future.
I don't think so I really think that this opens up the door for Bernanke and I would bet that the market actually has.
Our pairing of its loss right on the open.
If you take a look at outside markets we see the dollar breaking a little bit the year old -- coming up a little bit.
And that that's a massive trade it was the short Euro long dollar straight.
That's coming on -- a little bit here you see things -- like back above 16100.
This opens up the door for Q me the dollar should break this may be supportive for stocks and by the way we're at -- key level.
This is the 200 day moving average -- equities and I would bet that there's going to be some value shoppers.
The first day of the month sole -- and really this is a case of bad news could be good OK we have yet Richfield kitchen right in the middle of it in Chicago thank you --
