12pm update - lunchtime meanderings

Its looking pretty good for the bears. The bulls failed to break a new high on most of the indexes (the dow was the exception) this past week  The question remains, how will the market react to the jobs data tomorrow? We've seen some very mixed data these past few weeks, but the data for April has so far been a little concerning. A sub 100k net job gain would probably send this market down at least 1.5% tomorrow - aka sp'1375 - a level at which I'd expect an intra-day bounce.


Sp'60min

IWM'60min

VIX'60min

*no sign yet of the VIX showing any significant upside..perhaps near the close we'll see something?
--

More across the afternoon..have a good lunch.