S&P 500 bulls are likely to do fine early next week, no matter the gathering technical and macroeconomic clouds. Take Friday‘s NFPs that I called to come not above 240K. As for the rest of my prediction (not being surprised by low 200K or more probably a figure starting with 1xxK), I‘ll have to wait for the revisions in the months ahead – and they will meaningfully come, because that‘s how typically non-farm payrolls work. We have seen that this week already with unemployment claims (initial or continuing), and the NFPs employment change, Challenger job cuts and JOLTS job openings paint a more…

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