The market trended up slowly with the low of the day off the opening ticks @ 630 am PST today put in, scine that moment the market shot right up to 1410.75 then hung around and retested that high some two hours later, then started selling off some into the close. We are heading out early today as the market has done its thing. Tomorrow we get the jobs report, or at least the “official” one. All news is good in this market so its grinding up.
Let’s see if the boys can get this market out of the 1370 to 1400 range we have been locked in for the past 3 weeks. Jobless claims are looking higher by the Monster and Challenger numbers, and tomorrow we get the govie numbers. Gold hitting new lows for past 6 months oil down nearly 8 bucks now from its 120 highs last week. The Euro continues to get rocked as the dollar continues upward!! Fun times indeed. Trade em well.