FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

*Market futures up large this morning off of a terrible job creation report that was predictably spun to positive by Wall Street because it seems to cool down the Fed's raising rates. Some even think they may not raise next meeting because of this! But let's face it, the economy is NOT creating the jobs it needs to, older folks are working longer and working multiple jobs, while graduating folks out of college can't seem to find a job if their life depended on it!... Here was the news: #msg-5921116 - Note that the forecast called for an increase in jobs of 213,000 but instead only 110,000 were created!

Market futures currently:

1189.50 +5.60
1502.50 +11.50
10560 +40.00

European stocks currently:

Paris - Cac 40 +.56% (4090.55)
Britain - FTSE 100 +.77% (4932.10)
German - Xetra Dax +.85% (4385.76)

How Asian & Australian markets closed:
Japan - Nikkei +.47% (11723.63)
Hong Kong - Hang Seng -.19% (13491.35)
Taiwan - TSEC Weighted +.38% (6028.75)
Australia - All Ordinaries +.63% (4126.40)


*On a side note, I noticed some stupidity on the European markets, what I noticed was that despite car companies not exactly doing great such as the DaimlerChrysler's and the General Motors of the world, the car suppliers were up huge and at new highs... absolutely incredible irrational exuberance, the type of move remniscient that a top is near!...