So, yesterday, the market rallied because the auto-sales were worst than possibly imaginable:
Honda +1.1% (is this figure true???)
These figure are scary, but they are a good reason to buy the bad news right?
And today, the market is ready to rally, even if the employment figures came way below what the market was expecting:
ADP Employment report as per Yahoo Finance:
June: -79k where the market was expecting -20k
May has be revised to +25k where previously reported as +40k
And then we hear that markets are supposed to be efficient :-)