S&P 500 closed @ 1221.53 which is 5.55 points away from high of 1227.08.....
RSI is @ 61.68
Friday Jobs report is due @ 8.30 AM,expectation is 140K headline number & 153 K private jobs creation.....we have not met the expectations yet in many months, coming short each time.
I have a feeling again that numbers MAY be shy of estimates especially in 153 K private jobs area.......
Markets have risen sharply recently,so a pause may be due......
On top of that Guy Adami is saying we blast through resistance of 1227.08,as Adami has never been right for 18 months......how can he be right this time...so there is my contrary indicator....
Stocks which were UP 3% or more included JKS,SOL,FNSR,TCK,LEN,JDSU,STP,BAC,EBIX.....
AH futures Mixed
AH Asian market Mixed
AH Oil Down
AH Gold & Silver UP
BLOG does NOT give buy or sell.
Saleem
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