You forget to mention that U-6 (otal unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force) INCREASED FROM 13.1% TO 13.2%. The Fed will be loath to tighten based on these paltry numbers which indicate a very sluggish economy. The effect of the health care plan will also be a drag on the economy when the middle class wake up to the increasing costs
No one expected 25 cents per share in earnings. These kinds of estimates were ridiculous. The increase in sales was positive. The stock is acting as if the company were losing money. 15 cents per share during this temporarily trying time for the company was good. The stock price is low and the future will be much brighter as orders pick up in the future.
We will see if the traders actually were told before hand what to expect. Everyone should receive the actual earnings report at the same time. Phone calls to select traders would be completely unacceptable.