IT'S ONLY MY THINKING: TOMORROW WE HAVE NFP REPORTS,I THINK THIS AFTERNOON WILL BE A LOT PROFIT TAKING SELLS AND I DO NOT THINK THE REPROTS CAN HELP STOCK MARKET GET MORE GAIN. 3 ]+ f" h( ?5 D1 }% C, GDO NOT CHASE THE HIGH TODAY.
LAST MONTH UNEMPLOYEEMENT RATE AT 8.5%,MARKET WANT TO SEE THIS MONTH IMPROVE TO 8.1%. IF YOU THINK WILL BETTER THAN 8.1%, THAN YOU CAN CHASE THE HIGH. IF NOT, HOLD YOUR MONEY.
UNEMPLOYEEMENT RATE will go to approximately 10% in US this year. That is expected. While I am waiting the market down, it may happen late in May but not right now.
They were taking part of profits and let you chase high and than they were taking again.% ^. u' D. j; u- M6 q+ x" Y
S&P did not gain over the cloud but setting close just above 100 day Avg. ,frist time since 06/2008.# _* X& f, z0 }$ W
As the NFP reports coming, more risk trader coming to play.