On Thursday March 4, 2010, 4:46 pm EST MARKET ANALYSIS After a nervous three-session grind higher near resistance, Friday’s jobs report promises to be a make or break catalyst for investors. For the three-day period, the SP-500 ( SPY ) is up 0.67% on action that’s less-than-convincing in confirming a newly-minted rally. Key highlights for continued nibbling during the market’s difficult-looking confirmed rally: QCOM) lead market higher Tuesday following company’s surprise $3.0B buyback and dividend raise to $0.19 per share. TRA) doubles bulls’ pleasure by keeping M & A dreams alive and renewed optimism for commodity-backed carry trade. Expected Aussie rate hike is cheered rather than feared due to growing investor confidence of economic strength necessitating the move. Bulls commit to market bid despite mostly stronger Greenback during period. Stronger same-store sales (ANF, TGT) January enjoy bid in retail Thursday. Key highlights for profit-taking during the market’s difficult-to-handle triple doji: Gree…[Filtrs in article: SP-500 ][FiltrRank: 6][Source: biz.yahoo.com]
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