In his podcast addressing the markets today, Louis Navellier offered the following commentary. The stock market is kind of treading water waiting for Friday’s payroll report. It will probably be up nicely because ADP announced on Wednesday that 208,000 private payroll jobs were created in September. Trade, transportation and utilities accounted for the 147,000 of these private jobs. Good producing industries lost 29,000 private jobs, while natural resources/mining (mostly energy production) lost 16,000 jobs. According to ADP, average pay rose 7.8% in the past 12 months. Q2 2022 hedge fund lett…