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Friday, 12/04/2009 9:17:41 AM

Friday, December 04, 2009 9:17:41 AM

Post# of 376171
S & P futures vs fair value: +14.80. Nasdaq futures vs fair value: +22.80.

Thanks to some pleasing monthly unemployment figures, stocks are positioned for an appreciably higher start to the session. The bid will likely bring the stock market's 52-week highs back into play. The November jobs numbers have also helped lift the U.S. dollar, which now sports a gain of 0.6% against competing currencies after it had been down roughly 0.3% less than one hour ago. Despite the greenback's gain, oil prices have made their way to a 0.9% gain to trade at $77.15 per barrel. Gold hasn't been so fortunate, though; the precious metal is down 2.1% to $1191.30 per ounce.

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