On Wednesday, an estimate based on data from payroll firm Automatic Data Processing Inc.
Salem currently serves on the board of directors of Automatic Data Processing Inc (ADP).
The industry is dominated by a handful of large companies, such as Automatic Data Processing Inc.
Automatic Data Processing Inc. ( ADP) closed last week just over 4% above its weekly starc- band.
Among the largest underlying components of QQQ, in trading today Facebook, Inc. ( NASD: FB) is off about 0.6%, Automatic Data Processing Inc. ( NASD: ADP) is up about 1.6%, and Yahoo!
Among the largest underlying components of VGT, in trading today Hewlett-Packard Co ( NYSE: HPQ) is up about 1.6%, Automatic Data Processing Inc. ( NASD: ADP) is off about 1.3%, and Yahoo!
Jobs in the private sector rose by 114, 000 in July according to Automatic Data Processing Inc but the news may be overshadowed by figures that show job cut announcements in July reached a 16-month high.
FORBES: Job Cut Announcements Hit 16-Month High, California And New Jersey Lead Cuts
Among the largest underlying components of QQQ, in trading today eBay Inc. ( NASD: EBAY) is off about 0.5%, Baidu, Inc. ( NASD: BIDU) is down about 0.8%, and Automatic Data Processing Inc. ( NASD: ADP) is up by about 0.3%.
Among the largest underlying components of USMV, in trading today Automatic Data Processing Inc. ( NASD: ADP) is up about 1.2%, Amgen Inc ( NASD: AMGN) is up about 0.2%, and Abbott Laboratories ( NYSE: ABT) is up by about 1.2%.
Among the largest underlying components of TQQQ, in trading today Autodesk Inc. ( NASD: ADSK) is down about 0.6%, Automatic Data Processing Inc. ( NASD: ADP) is trading flat, and Avago Technologies Ltd ( NASD: AVGO) is higher by about 0.7%.
Among the largest underlying components of QQQ, in trading today eBay Inc. ( NASD: EBAY) is down about 1%, Texas Instruments Inc. ( NASD: TXN) is up about 1%, and Automatic Data Processing Inc. ( NASD: ADP) is higher by about 0.1%.
Among the largest underlying components of USMV, in trading today American Capital Agency Corp ( NASD: AGNC) is off about 0.1%, Automatic Data Processing Inc. ( NASD: ADP) is off about 0.5%, and Kimberly-Clark Corp. ( NYSE: KMB) is lower by about 1%.
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