The Wrap

{+++}Sometimes the market does the obvious and sometimes it does the opposite. I really thought for sure the market would be “choppy to lower” today which is what I said last night. Not so at all. It was light volume, but it went right to initial resistance at 1065 on the S&P and closed a couple of points above that level. I was surprised mainly because the market abandoned caution into tomorrows unemployment number which will be significant. Normally we are flat to down into that number, maybe somebody knows something I don’t.

Anyway, no names tonight, let’s play our current hand. I will definitely be posting to this site and via Twitter tomorrow if the market sees action. Have a great night guys and gals.