Gotta love ZERO RISK in the SP500 = $$$

by 8:22am guess is that NFP is a huge 300k+, market jumps.. but then crashes lower on higher wage growth data.. real action is going to be in rates.. spike in yields

 

out at 255, +40 points

 

Guggenheim investment chief sees a recession and a 40% plunge in stocks ahead


https://www.cnbc.com/2018/04/06/gug...-and-a-40-percent-plunge-in-stocks-ahead.html

 

expecting 193k consensus...so your 300k would be a shock.

 

"For the next year ... equities will probably continue to go up as we have all these stock buybacks and free cash flow,"

So going up first before going down. How much does this dude get paid for that?

 

short 260 a single ym

 

Big miss


Nonfarm payrolls increase by 103,000 in March, vs 193,000 jobs expected
Jeff Cox | @JeffCoxCNBCcom
Published Updated Moments AgoCNBC.com
Economists surveyed by Reuters expected nonfarm payrolls to increase by 193,000 in March and the unemployment rate to decline 0.1 percentage points to 4 percent.

 

out 232

 

long 210 ym, 70 point stop

imho, good news for the market

 

Bad is good!