The SPX 500 sits about flat (as of 8:05am EST) from Thursdays close on the S&P 500. At 8:30am EST we have the release of Non Farm Payrolls and the Unemployment report. These two reports will bring large volatility and it may be best to wait until the trend sets in about 15 minutes after the release.
If NFP’S are significantly greater than estimates we should see a continued rally in equities and a decline in the USD. If NFP’S fall below estimates it would come as an upset due to yesterdays positive ADP figures.
