Obamarket Update for September 3, 2009: Get a Job

By John Galt

September 3, 2009

Not much to say about today’s market action. Gold continues the march towards 4 figures but in reality today was a non-event. The S&P looks like it is getting ready for a major roll over and the dollar floundered. The entire focus is on Friday’s unemployment report and I will be curious to see if there are major revisions to the prior two months.

I will have a lot more to say tomorrow night as tonight is the start of college football and my fantasy football draft which means that this edition will be short and sweet. But I’ll toss a banana on top of the S&P chart just for kicks.

bananabustamoveSPX09_031yrUntil Friday night’s LONG dissertation….SEE YA!

John

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