The markets today jumped up significantly as they faced good job numbers and forecasts overall.  The day marked another decline in the volatility index and reflected positively on our prior analysis that the “correction” of the past several weeks was merely a small pull back that represents a very cyclical pattern.  As we had expected, the markets hit the 9700 mark, indicating a drop very similar to other drops, before jumping back up.  Today’s gains came ahead of tomorrow’s October job numbers, which we will be sure to investigate later today.

Dow:          10,006     +2.08%

Nasdaq:    2105          +2.42%

S&P:           1067          +1.92%