Posted 9:30 AM ET – Let’s keep the comments light today. There are opposing Market forces and that is creating a lot of volatility from one day to the next. The price action is news driven and once the momentum is set, the market continues in that direction. Most of this is program driven. This is a low probability environment for longer term swing trading, but it is great for day trading. This morning the jobs report came in at a miserable 210K (500K+ expected). That tells us that the economy is not growing as quickly as expected. The silver lining …
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