Friday, September 4, 2009

Countdown is On! One Hour Until the Employment Report is Released

Stay tuned...this is going to be a good one on what should be a sleepy Friday before the 3-day weekend. We'll provide reports throughout the day.

But, for now, let's get to the overseas scoreboard.

Asia rocked again: China Shanghai Composite (+0.6%), Hang Seng (+2.8%), India's Sensex (+1.9%).

US Futures right now--meaningless, because nobody is making a move until that report is released at 8:30am EST.

Here in the U.S. yesterday: Markets ended the 3-day losing streak, by posting gains following upbeat reports from the nation's retailers. The S&P 500 advanced 0.9%.

I'll report the jobs data once it's released.

Talk to you,

Todd M. Schoenberger, Managing Director
LandColt Trading, Inc.

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