05 April 2013

SP 500 and NDX Futures Daily Charts - Hope Floats

The Jobs number was quite bad and a big miss from expectations.

I believe that the economy is floundering, but there is such a bifurcation between the fortunate and the rest that the financiers and politicians are not seeing it, and are in denial.

So let's see how the trend goes over the next couple of months.

It is not a surprise that the wiseguys bulled the number up into the close to cut the losses quite a bit.