
NOISY JOBS REPORT TEMPORARILY DASHES BULLS HOPIUM, AMAZON GUIDANCE DISAPPOINTS, INDIA CUTS RATE
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Noisy Jobs Report Please click here for a chart of / S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market is in the micro resistance zone. Bulls were certain that the jobs report this morning would trigger a breakout of the stock market above the micro resistance zone. Bulls were hoping for weaker jobs data that would allow the Fed to cut interest rates in March. Bulls got