With the jobs report being announced on Good Friday, the markets are closed and I'm having a hard time reading the market.
It seems like the market is really complacent and in a holding pattern until the announcement. To capture the movement in the trade, I have a few options:
Double down today and set a tight stop after the market closes. This will let me capture any upside and hopefully prevent too much of a downside.
Pull out now, take profits, and watch the futures/fair values over the long weekend to decide if I should jump back in on the market open.
I guess, is the general consensus that the market will rise after the jobs announcement or that the market will fall after the jobs announcement? Do you see more bulls than bears, or the other way around?
Edit: Not a cross post, reddit's spam filters are locking me out.
Submitted April 02, 2015 at 12:04PM by Carbohaulic http://ift.tt/1BUDcSL
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