The Market Never Does What You To Expect

March 9th, 2012
in Gary's blogging

 

Yesterday afternoon I wrote the market might go up today or down as it didn't really matter. It decided to go nowhere on the opening even after a decent jobs report. It now appears to be melting up a bit on very low green volume and before I can post it is showing weakness. At any rate, I am looking for 1370 as a top for the SP500.

Brent and WTI oil was down, now back up to 124 and 106 respectively. Gold has dropped to a new low of 1677 and recovering to 1685 now.

Here are the jobs report this morning. You know the drill by now. The first column is what was reported, the 2nd. Is what was expected and the third is the last report.

Written by Gary















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