12-06-18: U.S. Adds 179,000 Private-Sector Jobs in November: ADP

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

News Commentary, Business News, Business, Investing, News, Entrepreneurship

4.4 • 1.5K Ratings

🗓️ 7 December 2018

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stats from payroll processor ADP reveal employment stayed strong in November--in line with forecasts.
Today's Stocks & Topics: 401k Rollover, Goldman Sachs, KL - Kirkland Lake Gold Ltd., Jobs Report, MU - Micron Technology Inc., PCG - PG&E Corp., Yield Curve.

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Transcript

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0:00.0	Steve and justin use why charts for their winning investment research
0:04.6	so start your free trial now and if you purchase mention invest talk and get a generous
0:10.4	discount at whyCharts.com. This podcast is produced by KPP Financial, Steve
0:19.3	Peasley President KPP Financial, Independent Thinking, shared success.
0:26.3	And now today's podcast.
0:28.6	Good afternoon everybody, and thank you for joining me today on Invest Talk. It is
0:36.0	Thursday December 6th and if you've been watching the market today especially
0:40.9	you may be glad that Christmas holiday break is coming around.
0:45.0	Pretty volatile, I mean we're talking about stream volatility and today will be classified as a reversal day.
0:50.0	We'll talk about that a little bit more.
0:52.0	I'm Steve Peasley and I thank you for joining me today on Invest Talk. And of course, our daily objective is to make you an above average investor. To help you achieve that goal I promise to provide as best I can
1:06.1	unbiased opinions and insight. Of course you know I've been doing this for
1:11.1	umpteen bazillion years, so hopefully my experience will play a part.
1:15.8	Along the way, I also welcome your investment questions that helps me to understand what you need to know what you want to know. So it makes it more
1:26.5	interesting for everybody. So we do that by your call and ask questions on
1:31.0	our anytime listening line. 888-99 charges a number.
1:34.6	Now 930 morning, this morning 930 Easter time at least, the markets open down.
1:39.1	They open down sharply from the get-go.
1:41.4	27 of the 30-dow stocks were down. Three were up. The
1:46.2	S&P opened up down 1.5 percent. The NASDAQ was down 2 percent. So it was a
1:51.7	pretty big down day from the get-go.
1:55.0	And I remember talking to my wife before I left the house
	...

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