Ahead of the US open, Mr Top Step gives us his views for the day and week ahead
S&P 500 Futures; Jobs Friday And a High Tech Mess
After a very choppy start to February the US jobs report became front and center Friday morning. However, behind the lower than expected non-farm payroll number was the non stop liquidation of some of the largest tech names in the business. It was another scary close on Friday, and it’s not just the drop in crude oil that is affecting the markets now, it’s the widespread liquidation of stocks across all sectors.