The Market On Friday

Good morning. The weekend has arrived. It was a long week, this one did not breeze by. The humidity has been very intense. I went out for a walk last night and the neighborhood was silent. Everyone was in the house with the AC on.

At 8:00 a.m. stock futures are flat.

The government report on jobs, primarily the lack of jobs, is due out before the bell. That report is the name of today's game so to speak. It is a highly anticipated report. The numbers will be bad, however it is the degree of bad that investors will respond to.

Ultra bad numbers and we will get back into "investors losing faith in the strength of the recovery."

CNN: Stocks head for quiet open ahead of jobs

The government's widely anticipated jobs report, due before the opening bell, is forecast to show the U.S. economy lost jobs for a third straight month in August.


Economists surveyed by Briefing.com predict a decline of 120,000 jobs in August...