Focus List for Today, Unemployment Rate Info

Published: Fri, 08/06/10

Focus List for Today, As you can see Jobs Numbers forcing a spike down in the market, This is the only reason I wanted to hold some SDS.  Will have to look at taking profits on the gap down, Looking at a previous gap in markets down at 1102-1106  as a possible area of interest, With the market gapping down. Will focus on relative strength in the first 30 minutes, Watch for the first bounce back to the 20 ema on the 5 min chart. Possible adds this morning INTC, But let the market show us. 
 
08:30 *(US) JULY UNEMPLOYMENT RATE: 9.5% V 9.6%E
- No revisions

- July Participation rate: 64.6% v 64.7% m/m
(related SPY SHY EUR/USD JOBSX )
08:30 *(US) JULY AVERAGE HOURLY EARNINGS M/M: 0.2% V 0.1%E; AVERAGE WEEKLY HOURS: 34.2 V 34.1E
- Prior Average Hourly Earnings MoM revised higher from -0.1% to 0.0%

(related SPY SHY EUR/USD )
08:30 *(US) JULY CHANGE IN NONFARM PAYROLLS: -131K V -65KE; CHANGE IN PRIVATE PAYROLLS: +71K V +90KE
- Change in Manufacturing payrolls: 36K v 13Ke