Friday 4 May 2012

Pre-Market Brief

Good morning. April Jobs data - weak again, 115k vs expected 165k. Market slips 0.5% on the news, I'd expect weakness throughout the day.


SP'60min



update 9.08am EST

AAPL breaks 580, I would argue this is a key sign for the tech sector, and the wider market.
Market briefly bounced after the earlier snap lower...but we're now -0.5% again.

Very dire underlying jobs data (see zerohedge!)...as I said all along...

There is no recovery...there will be NO recovery.

Good wishes for Friday trading!