"We have reached a yearly low for the market for the year. This business is going to be fun again and it's going to happen sooner than most people think.
If you look at the June ISM non-manufacturing index, the employment component dropped only marginally and is consistent with respectable payroll growth. And the employment trend index was up for the 11th straight month in a row and it always leads payroll growth. The index is up 5 points above it's long term average."
Doug Kass, Seabreeze Partners Management, CNBC
Related ETFs: SPDR S&P 500 ETF (NYSE:SPY), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQQ), SPDR Dow Jones Industrial Average ETF (NYSE:DIA)
Related Stocks: Exxon Mobil Corporation (Public, NYSE:XOM), Wal-Mart Stores, Inc. (Public, NYSE:WMT), Google Inc. (Public, NASDAQ:GOOG), General Electric Company (Public, NYSE:GE), Bank of America Corporation (Public, NYSE:BAC), Potash Corp./Saskatchewan (USA) (Public, NYSE:POT)
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