103,00 New Jobs Added...Futures Point to a Higher Open...

BMO – ES +7.75 and NQ +8.00 futures are higher about 15 minutes before the open in pre-market trading and point to a higher open…following announcement of 103,000 new jobs and 9.1% unemployment rate…volume is moderate for pre-market with more stocks quoting up than down…Financial stocks, XLF is up 11 cents on 307,100 shares in pre-market at this time…

TLT is down 1.29 and the Euro is up 40 pips in overnight trading …Watch for a bounce continuation in the Euro …

NDX leaders AMZN, BIDU, GOOG, PCLN and QCOM are quoting higher… AAPL and NFLX are quoting lower…

Dave’s Insight for Friday:  higher Euro…weaker bonds…Financials up…leading to a higher open …With the SPX above mid-channel, watch for a bounce continuation…Wait for your entry signals before taking new trades this morning…Watch XLF, volume and breadth as key factors in any SPX move…move stops on profitable trades…

SPX

Resistance: 1,160, 1,177, 1,200

Support: 1,146, 1,134, 1,117

Quoting Down – ILMN, LIFE, CHL, TLT, FAZ, A, ANF, TIF, NTES, NDAQ, SIAL, DTV, FISV, BMC, BIIB, CELG, QGEN, INFY

Quoting Up – PCLN, WYNN, ISRG, GOOG, AMZN, BIDU, UNP, DECK, GMCR, CRM, CF, SINA, IBM, CAT, ATI, DE, CLF, ICE, WLT, MOS, FFIV, VMW, GS, SINA, NKE, V, FCX, SNDK, UCO, SLB, LNKD, LVS, GS, POT, CSTR, ARUN, RCL, TBT, SOHU, UAL, ANR, C, IL, CROX, SWN, HLF, X, SLW, FAS, GLW, JOYG, FSLR, COST, SNDK, QCOM, BRCM, FFIV