Dow down .5%, JBL down 1.1%. JBL is lagging the market.
China and Europe in (or on verge of) recession. Europe still has debt problems. Yes, US indicators are trending up, but a 5000 dip in jobless claims is nothing to write home about. Unemployment still very high and housing still at or near bottom. JBL has had big run up lately. About 35% in the last 3-4 months. Their earnings were okay, but definitely not great. Costs are way up, which is a big problem if their top line falters due to macro or other influences.