Did You Take Some Gains?

Swing traders should reduce risk into this final year end push higher.

PRE-OPEN MARKET COMMENTS FRIDAY - As expected, the jobs report came in strong. There were 227K jobs created in the month of November and that is better than expected (202K). The storms and strikes are over and this result is consistent with ADP and the weekly jobless claims numbers. Hourly wages were up .4% and that is on the high side. This is the largest input cost for manufacturers and it is inflationary.

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