#NFP Weigh Over #Trade_Deficit Lifts #DOW #USD

This is the 2nd consecutive period where #JOBs have provided the catalyst for the USD and stocks to recover from a recent price slump. Outweighing the 44.5B trade deficit for the 10 month period covered from imports contrary to exports which lagged behind simply due to the increase value of the USD.

These reports supported to lift the USD aside from the boost that it got from the recent rate cut from the #BOE which drove #CABLE lower @1.3020 that somehow spilled over towards a drop along side the single currency that is @1.1050 to this writing. Again CB policy makers have dominated the market along with US fundamental reports have given new life line from a daily session price pullback form the USD and the stock market.

However we'd say that the relative mild price correction on the #DOW have not hampered the overall market outlook for the #SP500 including the #NASD price resiliency staying above positive territory. These benchmarks would remain on the higher band while technical price adjustments from indicators were made as we have expected it to do.

A lot of analyst have been calling a continued market slump for stocks for sometime now. While market participants have grown uncertain with a few known CEO's selling a substantial portion of their shares likewise have been interpreted to be a negative signal that such a decline will soon happen. Uncertainty breaths doubt, but the measure of #VIX remains at its best levels with prices still continuing to move higher for now.  

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