Trade was subdued for most of the session ahead of the nonfarm payrolls report and a stronger dollar acted as an overhang. In other economic news, pending home sales fell 7.6% month-over-month. A 1.0% monthly increase had been expected. The QQQQ implied volatility inched lower as bearish momentum faded away.
Friday, March 5, 2010
Posted modest gains
Trade was subdued for most of the session ahead of the nonfarm payrolls report and a stronger dollar acted as an overhang. In other economic news, pending home sales fell 7.6% month-over-month. A 1.0% monthly increase had been expected. The QQQQ implied volatility inched lower as bearish momentum faded away.
