Futures Lower as Unemployment Hits 10.2%...

2:55 pm ET - with an hour to go the SPX is at 1,067 near even for the day...bottom line the Unemployment Rate is being discounted into the market with little change in price... 9:45 am ET - SPX and SPY turn positive as stocks continue to rally.... 9:42 am ET - Stocks are reversing as many which opened lower are now higher after 12 minutes of trading... 9:39 am ET - SPX touches 1,059 and begins to rally...FSLR moves lower and AMZN moves higher... BMO – ES -5.75 and NQ -6.25 futures are lower in pre-market trading pointing to a lower open. AAPL -1.93, AMZN +2.59, GOOG -3.75 and BIDU -5.23 are mixed in pre-market trading. The Euro is down 9 pips in overnight trading and oil is quoting down 1.17 cents in electronic trading. XLE is down 71 cents in pre-market trading. Unemployment hit 10.2% in October. HANS is -3.50 in pre-market trading after posting EPS of 60 cents vs. 63 estimates. SPX Support = 1,061…1,056…1,044…1,025 Resistance = 1,075 Trading Down: FSLR, RIMM, FCX, HANS Trading Up: AMZN Look at these Charts… (click image to enlarge) At the Open on Friday SPY – QQQQ – XLE – ATW – V – AAPL – AMZN – BUCY – SNDK – CREE – DECK – NFLX – NKE – FCX – JOYG – CAT – POT – ADSK – SWK – BDK – WLT – WHR – ACN – HANS – ISRG – FAS – PNC – AKAM – ORLY – SYMC – PCLN – CSX – UNP –