initial jobless claims

+38K to 407,000

(post in progress)

I was having a nice premarket nap before this number came out.

My Voodoo says.. this market will rally as long as the NFP is not lower than -100k.

ADP, which is always wrong... except when it's not. said +8k???? or near that, I figured that put us in the clear. even a -50k won't freak out the market... it will be seen as a positive because they are reducing... asuming the revision isn't 100k for febuary.

so, I'm going to work on this post... see what I can find out.... feedback apreciated.... unless you are an asshole.