Tag: fundamental

Better than expected US economic data has restored some confidence in sidelined traders | Fundamental Analysis | US Stock Market

US economy has finally shown hope of a recovery, if not definitely signs of bottoming. On Friday, US Stocks took off after the Labor Department reported the addition of 243,000 jobs in January, the largest jump in nine months. The unemployment rate fell to 8.3%, the lowest since February 2009. a) Manufacturing Jobs –¬†Largest growth since Jan 2010. b) Service…