Wednesday, August 1, 2012

Market Update #2 8-1-12

There are a number of reports that are coming out this week but the main one that everyone is waiting for is the jobs report on Friday.  All of these reports can have an effect on the market and will most likely cause a lot of volatility.  As I said before it is best for newer traders to hold off and watch what happens and wait for a trend to develop.

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