Jobs Report Out
April 6, 2007
The March jobs report has been issued, and the numbers were impressive. 180,000 new jobs were reported for March, and January and February were each adjusted upwards by 16,000 jobs.
The reactions in the futures markets was quite strong, and there is speculation that Monday will be a positive day in the equity markets. The questions readers here likely have is how Sirius and XM will react.
No one has a crystal ball, but it will be interesting to watch. If Sirius and XM can participate in a surge in the market, something which SDARS equities have been hard pressed to do over the past year, it could be seen as an early indicator in a change in sentiment. If the SDARS equity do not participate, it could be an indicator that investors are still standing on the sidelines, and not ready to venture a guess on the merger or these companies in a stand-alone mode.
Monday will be an interesting day to watch in SDARS
4/06/2007 09:16:00 AM
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