Stocks were cheered by the weaker-than-expected JOLTS jobs number this morning, taking it as a portent for the Non-Farm Payrolls number this Friday, and its potential implications for interest rates.

And so they rallied, going out near the highs.

In concert with the drop in Treasury yields the Dollar rather briskly and stayed there.

Gold and silver thereby rose, going out near the highs as well.

How quickly this new optimism can turn on a single number.

We will get the ADP employment number and the second estimate of GDP tomorrow morning.

The ADP number is often out of sync with the Non-Farm Payrolls so it is difficult to estimate how markets might react to a hit or miss. However, they may take note of something of unexpected proportions, if for no other reason than a wash and rinse, if the market speculators are leaning one way or another.

Have a pleasant evening.

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

(Click on image to enlarge)

More By This Author:

Stocks And Precious Metals Charts - The Endless Wash And Rinse
Stocks And Precious Metals Charts - What Does It Profit A Man
Stocks And Precious Metals Charts - What A Surprise