CHICAGO, Sept. 2, 2011 /PRNewswire/ -- Zacks highlights commentary from People and Picks Trader "inthemoneystocks".

(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)

For more Voice of the People, visit http://at.zacks.com/?id=5851

Featured Post

Stock Market Readies for Jobs Data

The markets are seeing some profit taking ahead of the Non Farm Payrolls and Unemployment Report. These reports will be released to the market tomorrow morning at 8:30am ET. As these loom, investors are taking some profits off the table from the recent rally. In the last week, the markets surged 8%.

In the last two days, the economic news has started to look less dire. Yesterday, ADP (Nasdaq: ADP) Private Sector Employment came in at 91,000. This was better than Wall Street had expected. In addition, this morning the ISM Index for August reported in at 50.6. This was far better than expectations. In addition, any number over 50 shows expansion in the economy. While it was barely over 50, the markets had anticipated a major slowdown. After this report hit the markets at 10am ET, a dramatic spike was seen in the S&P 500. However, within minutes, profit takers returned and the markets have gone back to the flat line with eyes on the jobs number tomorrow.

The outlook from this Chief Market Strategist has been dead on since the bottom pivot was put in on August 9th, 2011. Tomorrow is going to be a wild card day. The markets need a strong Non Farm Payrolls number to continue their rally. However, even if the markets pull back on Friday, more upside is seen next week. This is mainly due to expectations of the Federal Reserve implementing further easing policies and light volume surrounding the Labor Day Holiday weekend. Once the SPDR S&P 500 ETF (NYSE: SPY) hits $126.25, then the party should come to an end. Late September and October may be very rough months for the market. Stay ready and keep it short term.

About the Zacks Community

In 2008, Zacks Investment Research launched PeopleAndPicks.com, a stock-picking website where members of the Zacks community can test their strategies and share ideas with other members. Each user is scored on the accuracy of his or her picks, and top users are rewarded with free products from Zacks. Registration is free. To learn more about People And Picks, visit http://at.zacks.com/?id=5957

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3:1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit From the Pros by going to http://at.zacks.com/?id=5958.

Follow us on Twitter: http://twitter.com/zacksresearch

Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Contact: Brent Billock
People & Picks Manager
Company: Zacks.com
Phone: 312-265-9307
Email: pandp@zacks.com
Visit: www.Zacks.com

SOURCE Zacks Investment Research, Inc.