Friday, October 05, 2007
Quiet Before Jobs
Quiet session for stocks Thursday ended with minor gains for the major market indices. The Dow ended the session with a gain of 6.26 points to close at 13,974.31. The SPX added 3.25 points closing at 1,542.84. We are in the green and looking ok.
Traders were quiet choosing to wait for the always important jobs data release this Friday morning. Expectations are for nonfarm payrolls to rise by 115,000 in September after an unexpected decline of 4,000 in August.
Lets see what happens.
On another note a few if you still have the WHR trade on. If so well done. Thats looking ok as well.
Until next time.
Traders were quiet choosing to wait for the always important jobs data release this Friday morning. Expectations are for nonfarm payrolls to rise by 115,000 in September after an unexpected decline of 4,000 in August.
Lets see what happens.
On another note a few if you still have the WHR trade on. If so well done. Thats looking ok as well.
Until next time.
