As the job numbers come out today, Dan Deming talked on First Business News about what kind of affect those numbers will have on the market. Dan feels the numbers will be in line and the marekt will maintain its levels. He mentioned that we are sitting on critical trend lines and we need to see the S&P trade above 1135 to confirm up move otherwise we could fall down to 1100 or below. The short term momentum still feels high and Dan wouldn’t be suprised if the job number comes out better than expected.

Unemployment Numbers