9:00am (EST)

We mentioned yesterday we were expecting a flat market on Wednesday (and today) but the bulls were down and looked out for the count as we were doing our midday update.  The talking heads were feeding off the slick talking pros that continue to call for a selloff and are betting on the bears but the market rebounded instead of selling off in the final hour and something we said to watch for.

We mentioned this could be a good sign for Friday’s action but it is still too early to say if the Nonfarm Payrolls report will be a backbreaker for the bulls or a gift from the market gods for the bears. (continued…)


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