The results from the labor department jobs report showed a decline of 17,000 jobs, the first time in many years.  However, unemployment declined from 5% to 4.9%, beating expectations of it staying the same or increasing.

Of course, the job market is one of the best leading indicators of a recession, so a couple more monthly reports that show new jobs declining will be even more indicative that we have been in a mini-recession for months, as we think we have been.  Of course, responsible budgetary planning by corporations could prevent massive layoffs and a major recession.  Time will tell which one has happened.  We are mid-course now.

The Limit Order stock picks continue to outperform the market although, Register for free and check it out.  

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