unemployment rate expected to rise another 0.1% to 9.9% . . . also, possibly, the drop in overall unemployment claims could largely be due to the expiration of benefits. Definitely not bad numbers/report ... but notice that pre-market action has not indicated that the Unemployment Report was surprisingly good. I wouldn't jump on that Up-train yet ... let the market tell us some more about where she wants to go. Read my Free BMO Commentary for Support/Resistance levels . . . personally, I'd like to see the Market break and hold one of those before opening any heavy positions in either direction.
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