It's almost as though the market is waiting for some momentous
announcement or something... but there's no news scheduled for this
afternoon or evening, is there?
Today starts the jobs summit. They may use the TARP money for
jobs stimulus. If that occurs and if the employment report offers
an upside surprise, we may see a nice rally.
yep, market is doing nothing, plus the SPX basically held that
support trendline I drew in the morning, but otherwise zzzzz is
right. We'll see if the action picks up the last couple
hrs.
However, wouldn't doubt it though if some nervous traders
sell late in the day not wanting to hold overnight in front of the
jobs data.
ZZZZZZZZZZ
Posted by isplat on 3rd of Dec 2009 at 12:57 pm
It's almost as though the market is waiting for some momentous announcement or something... but there's no news scheduled for this afternoon or evening, is there?
Market Waiting
Posted by sethbru on 3rd of Dec 2009 at 01:42 pm
Today starts the jobs summit. They may use the TARP money for jobs stimulus. If that occurs and if the employment report offers an upside surprise, we may see a nice rally.
yep, market is doing nothing,
Posted by matt on 3rd of Dec 2009 at 01:47 pm
yep, market is doing nothing, plus the SPX basically held that support trendline I drew in the morning, but otherwise zzzzz is right. We'll see if the action picks up the last couple hrs.
However, wouldn't doubt it though if some nervous traders sell late in the day not wanting to hold overnight in front of the jobs data.
I think most are waiting
Posted by mark09 on 3rd of Dec 2009 at 01:02 pm
I think most are waiting for tomorrows job report
Remember - JOBS REPORT TOMORROW
Posted by steve on 3rd of Dec 2009 at 01:10 pm