Though volatility as measured by the VIX is not moving higher, volatility for day traders is certainly there. That means there are opportunities.
As we walk in today, Crude Oil ($CLX7) is down nearly 3%. And Gold ($GCZ7) is lower by 0.7%. Equity futures are more stable, with Emini S&P 500 ($ESZ7) down just 0.15%. Obviously, this morning, the markets have focused on the fact that the U.S. economy reportedly shed 33,000 jobs last month - compared with expectations for job growth of 90,000.
Coach Danny Hodgman takes today's market forecast to preview these markets and levels that matter. Check it out.
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