Markets sputtered on light volumes and largely technical trade ahead of the Non-Farm Payrolls tomorrow.
Consensus of economists is +110,000 jobs for non-farm private payrolls, and +70,000 overall including government.
I am of an open mind to see the equity market react perversely to a low number tomorrow. It would be one of this reactions that says, 'since the number is bad, then the Fed will ease and so stocks can rally.'
Or not. This is an iffy one especially because it comes in front of a three day holiday weekend.
