GOOG, RIMM, GS, AAPL, and BIDU is what I'm buying calls
on, occasionally. NJot today. An opportunity could be coming.
1500 cash ia support, so is 1490 and 1480. Employment tomorrow
should be strong, but market reaction to numbers will be
more important than numbers. Everyone knows they are bogus
anyway. The goal of a strong number is usually to lift the
equities, tank gold, tank oil, make the dollar stronger.
A strong number, on the other hand, will mean that the
Fed is done with the cuts, and the market was not so
positive about that prospect today (probability of Dec.
cut has decreased significantly post-Fed). The problem is,
nothing seems to get the dollar up. The end of Fed cuts was
supposed to accomplish that, but 0.2% USDX rally is all it
accomplished so far. |
