MONDAY: After 2 consecutive gains on Friday on bad news, looks like oil is back and taking markets lower, but not by too much to start the new month.
TUESDAY: A gain yesterday, actually made it 3 in a row, was even more impressive given the market’s comeback and against another oil slide. This morning doesn’t look as if it will build on strength, though.
WEDNESDAY: Another large loss, once again following oil lower has us prepared for another lackluster day today. If a bounce is in store, at least it won’t need to be a big one to bring the week to a break-even point
THURSDAY: The market made a nice late day recovery yesterday following oil higher. So what else is new. Today the futures are suggesting that there may still be some legs to the gain.
FRIDAY:. The flat early futures trading may mean nothing as the Employment Situation Report is released an hour before the morning bell is set to ring. It’s anyone’s guess how the news will be greeted, but indications are the bad news will be seen as being good.
“SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS