Showing posts with label premarket. Show all posts
Showing posts with label premarket. Show all posts

Friday, March 09, 2007

Friday Pre-Market

The futures are down but fair value is up, Europe is down, Japan went up a half a percent and the Yen is in a steady upwards drift.

As much as I think today should be down it probably will be up because I think the jobs number is going to be way low and the market is going to see that as a harbinger of a springtime in interest rates - i.e. a droppage is in the near term.

The FTSE dropped on the open but has recovered over half of that already. Apparently nothing is going to keep Mr. Market down.

Have a good day trading. See you later with some interesting (I hope) posts.

UPDATE 09:00 - Futures are huge up, Europe is huge up and Mr. Marky is probably going to be huge up too.