10 Comments
 

I think that it's good the market is closed today. Dow futures are down over 100 points, but I think a weekend will allow some of this data to "sink in" so Monday's open may not be that bad (or as bad as it would have been today). Just a mild speedbump in the continuation of the bull market; I am interested to see what companies report for earnings though - that will be the main catalyst going forward I think. Hopefully AA isn't going to report that bad of a number to start things off though....

http://www.marketwatch.com/story/jobs-disappointing-yes-but-not-a-game-…

Check out the bottom of that article

 

The market's already taken a hit on expectations of a weak jobs report. I think Monday is going to be a weak day for the dollar more than anything else. On the positive side, manufacturing numbers were very strong- it's the service sector that was weak.

We could be down a few percent, but you just don't get 20-30% stock market crashes in a single day during a secular bear market. Those usually happen during secular bulls. Calm down, enjoy the long weekend.

 

If an 80k miss on NFP is enough to cause a Black Monday then something is seriously wrong with our markets.

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. -30 Rock
 

Credit (EU anyway) consistently leaking higher all week, this morning's print certainly didn't help, not to mention yields blowing out across the curve.

I have a harsh opinion on the S&P or the NASDAQ and its 11 year high, though i am not playing this from the shirt side. I do know, however, this isn't sustainable. A black monday would be wonderful, imo.

 

im short, so I certainly hope that the market tanks monday although I don't believe the move will be as drastic as some are predicting

"Life all comes down to a few moments. This is one of them." - Bud Fox
 

Europe is closed on monday so there wont be the full impact that we would see on a normal trading day. Volatility will probably be exaggerated and volumes will be sht.

"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.
 

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