Investor Alert
Michael Ashbaugh

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Feb. 6, 2009, 9:40 a.m. EST

Can markets shrug off third weak jobs report?

Focus: Fertilizers, MOS, AGU, POT, SPW, GIGM, EP, CELG, MS, FCX

By Michael Ashbaugh, MarketWatch

Friday's analysis

CINCINNATI (MarketWatch) - For the third time in as many months, traders are contending with a record-breaking horrible jobs report.

And while the headline numbers speak for themselves - the worst payroll losses in 34 years, and an unemployment rate at 16-year highs - it's the market's response to the data that matters.

Link to MarketWatch's Slice.