Title: Market Analysis with Jim Lowell

" Stocks posted modest losses after the government reported that jobless rate is up. The market index was off by less than 1% the numbers now the Dow Jones Industrial Average closed at more than 9487. Falling 21. For the week the blue chips were down nearly 2%. The Nasdaq Composite finished at 2048. Slipping nine. On the week that tech heavy index tumbled 2% this and 500 ended at 1025. Dropping more than four. For the week S&P 500 sunk nearly 2%. And regionally Bloomberg's doing index lost more than two and a quarter points in New England tech stock index went down one."

" And market analysis tonight and silver is president and cofounder of adviser investments. He joins us from our newsroom this evening thanks Dan and wanted to ask you that worse than expected job -- number. 4 September mentioning that had to do with today's fourth in a -- sell off. Well that's certainly a thought to do with that I would say that it had a lot to do with the selloff for the week. There were a couple of reports earlier in the week the ADP employment report and the weekly jobless claims that were sort of signaling some weakness. I think we got most of the selling out of the way yesterday and actually market responded pretty well to today's report. Reid and tell us about the factory orders data and why those are important. Well factory orders are off and and one of the -- you know one of the reasons importance because they've been on a rising Trenton and we're looking. That that is as confirmation manufacture was on the -- and well we found out today nothing goes up in a straight line factory orders were actually. Weaker than expected. But that doesn't change the fact that manufacturing. As a sector is still expanding even though we had a weaker than expected. Manufacturing report earlier in the week and then of course -- really a service economy units on Monday that we get a look at the service sector so that'll be any more important report. Great and think about factor is -- place a lot of companies go to borrow money to buy big ticket items CIT group not a household name for consumer borrowing. But I had a very important business under that had very heavy trading in a big gain for the day. Yes so CIT. As viewers may -- the last time we talked about that was back in July there -- raising three billion dollars to stave off bankruptcy. And they started today that -- youth. Incredibly high interest rates of Libor plus ten -- the time we knew they were gonna have to come back to the table when that's exactly what they did today there are offering to swap out. Some old debt for for newly issued secured debt and some for preferred securities. They're pretty confident they're gonna get something done if they don't they they figure they'll do one of these pre -- bankruptcies. But at the end of the day yet she is a critically important lender to small and midsize businesses that to a lot of factoring of receivables. So let's hope that they are able to to pull out of this obviously the market thought that today's announcement was positive and there are up 10%. But we need them to pull out because it's really the small and medium size businesses that are supposed to. Create the jobs that are gonna pull us out of this recession right don't want -- to be the next Bear Stearns -- finally earning season coming up next week mobile smart investors be looking for. Well you know we're all looking for confirmation that this new trends in place and I think this week. You know we've sort of had some -- animate -- this week we got a dose of reality for the real dose of reality starts next Wednesday with earnings season beginning. We'll hear from Alcoa first I would expect. Quite a bit of volatility early on in earnings season until we figure out what the patterns are going to be many analysts are expecting us to exceed expectations of that's. Gonna happen and in this rally will continue if we don't. Probably get a five an additional five or 10% pullback but then. Go back to making money by the end of the year. Very Alcoa we can't wait for next week and earnings can't -- co-founder and president of adviser investments thank you very much for joining us have a great weekend thanks for you to."