ETF Rewind – Zero Jobs + FHFA | Week 35 | 09.02.11

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The week’s nascent recovery fell flat on its face on an awful jobs report and suit of 17 banks by the FHFA, leaving the S&P 500 (SPY) down -1.9%. While stocks are in early oversold stages, it will be important for the recent upward channel defined by the SPY $116 to 116.50 range to hold in the days ahead.

[Week 36 Economic Calendar]

Source: Mrkt_Commentary subscription service; prior weekly posts.

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