Today ADP came out with a jobs number I would says was a bit surprising 201,000 private sector jobs were created in August and the market seems to be embracing that by the futures being up this morning also July's ADP was adjusted upward from 163,000 to 173,000.
Mario Draghi is going to speak at a press conference today and people are going to want details about his plan to help Europe, if the market feels that there is not enough detail, or no plan, that could sink markets quickly.
Jobs. The jobs numbers from the Labor Department will be on Friday and if they are in step with the ADP report markets should rise.
Next week on Thursday the FOMC meets and most investors and Fed watchers will see if over the next week if there is enough evidence to pull the trigger on QE3.
The market itself has been flat and it needs a catalyst one way or another to break out of this trading range and there are plenty of "events" over the next six days for that to happen.
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