The unemployment number came in around 85,000, about 10,000 higher than consensus. Unemployment stands at 6% the highest in about ten years. $SPX futures are down about 12 handles.

On a relative basis, natural gas acted well yesterday and it looks steady again this morning. Interesting.Names to watch there are APA, APC,and XTO.

I will check in periodically if I can find the time. It should be a wild one.

Previous Post
By The Way
Next Post
Thoughts From The Abyss

Recent Articles