Where is the market headed?
SPX is buoyed by QE3 and is headed higher so far . All eyes are on the monthly job report tomorrow and the expectation is 113,000 jobs added with an unemployment rate stuck at 8.1 percent. In the event of a non horrible job number the market should move higher because its oversold. Last week’s selling has placed many stocks in decent patterns and there are lots of entry level positions. The leaders are rising as we discuss these stocks in the video, but there are other stocks just as ready right here like SWI, AAPL, KORS etc. Here is the market video explaining a little more :