Friday, November 02, 2012

The Market On Friday

  Good morning and welcome to the weekend. It is 44 degrees and overcast here in Upstate NY. Notice the way Governor Christie of New Jersey is being criticized by the GOTP for his praise of Obama, where Obama deftly handled the response to Hurricane Sandy. It's quite disturbing truthfully, but also expected. Here we have Americans in a real jam with pure survival being the serious problem and yet the GOTP needs to turn it into a political issue. It's disgraceful.

  At 8:10 a.m. futures are flat, the dollar is mostly flat against major world currencies, and the price of oil is down per barrel. The market is poised to open flat except...

  At 8:30 a.m. the government releases numbers for job creation in October, in just a few minutes. This is the name of the game today and we will be hearing about it through the weekend as both parties use the number to emphasize their position and as proof of their superiority.

CNN: Stocks on hold before jobs report
The government's monthly jobs report takes the spotlight...the report, due at 8:30 a.m.

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