Pre-Market Brief

Good morning. Futures are moderately higher, sp +4pts, we're set to open around 1748. Metals are higher, Gold +$13 (1.0%). Oil is again weak, -0.2%. Market looks set to break into the 1750s today, the hourly charts are even offering the 1760s late today/early Wednesday.


sp'60min

Summary

*monthly jobs data for Sept':  142k job gains, headline rate, falls to 7.2%. The gains are a clear 40k shy of what the market was looking for.
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So...a lousy jobs number, but hey, that means QE will just continue longer...which is bullish, right?

*notable movers; NFLX +$30 @ 385 (although that is $10 below the AH high),   APPL +6 @ 527


9.33am.. after an opening bell that seemed to last hours...sp'1750s.

So...the top callers will be out in force across today/tomorrow.

ZERO reason why the market will see a multi-month top at this level.