Thursday, April 2, 2015

Calm Before the Storm?...04.02.15

A low volume narrow range (relatively) day that ended in the green but suffered a high volume nasty selloff in the last 5 minutes.  Non-farm employment report on Friday consequences will be seen Monday and in the bizzarro upside down world of market gamesmanship traders are looking for a poor jobs report as BULLISH since it would likely help discourage the FED from raising rates in the Fall.  You just can't make this stuff up but that's the current topic of the talking heads.  Go figure.
Here the current view of the markets via Schwab. The muddle theme continues.