Friday, February 3, 2012

SP 500 and NDX Futures Daily Charts - Flashbangs, Smoke and Mirrors



The markets took off after the 'great' Jobs Number came out.

I provided some significant intraday commentary here, and have added to it at the end of day as well, including a response to the Labor Participation Rate issue and an actual comparison of the pre and post revision numbers.

The bottom line is that looking at month over month changes like this is ludicrous, and almost always in

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