Thursday, October 7, 2010

Market on hold for Jobs report.....

Indices by close went nowhere.....

Volume was low in all indices....

Market was on hold for Friday's all important Jobs report.....

All Indices are near recent high...Jobs report which is expecting 75K private job growth & unemployment ticking up to 9.7%....MAY provide a catalyst for market to break "higher ground"

AH Futures UP

AH Asian markets Down

AH Oil down

AH Gold UP..

BLOG does NOT give buy or sell.

Saleem

2 comments:

Michael said...

Saleem,

Will it be good to buy on the weakness this morning? The market are looking for direction.

I typed the question, but did not push the send button. It seems the market found the footing and read to move up.

Close will be more important. What will it be? Thanks.

Michael

Stocks100 said...

Hi Michael,

Sorry for late reply..was busy with phone call....

Market is happy with all the economic report..thus higher highs $$$$

Saleem