Friday, 6 February 2015

Pre-market Brief

Good morning. Equity futures are broadly flat - ahead of the jobs data, we're set to open at 2062. Metals are weak, Gold -$7. Oil is higher by 1.3%.



*awaiting jobs data...

Unless we close back under the 50dma today, equity bears have nothing to tout.. its been a failed week.... having ramped from a Monday morning low of sp'1980.

Notable early gains, TWTR +10% in the $45s, after far better than expected earnings data.

Update from Carboni

Have a good Friday!

8.31am Net job gains: 257k  , headline rate of 5.7%

Arguably a goldilocks number, market will be pleased about it...

sp +5pts, 2067... BREAKING key resistance of 2064.

Gold snaps sharply lower, -$16... as market confidence increases and need for 'relics' is reduced.

8.45am..sp' holding gains of 6pts...  2068...

Gold -$18
Oil battling higher, +1.8%

TWTR building early gains +11% in the $46s

9.31am.. EXITED TWTR (long).. at $46.20.... intentionally stopped out.

*was an earnings trade.... and I'm done for the week.