Morning Commentary for Sep 4, 2009

by Mark Sebastian on September 4, 2009

Jobless Claims came in line. layoffs slowed.
Futures are doing little to nothing.
Expect implied vols to come in hard as the market prices out the uncertainty of the employment report and the long weekend.
If you hit a point to Tighten The Noose (TTN) today. DO NOT WAIT TILL TUES, TTN today.
Have a great weekend!

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