Dan Passarelli, CEO - Market Taker Mentoring

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The market was pretty calm today. Really not very much movement. It made a little bit of a run to the upside. Pulled back, still up on the day, no big shakes, nothing exciting going on.

And why is that? That has a lot to do with the Fed meeting last week and everything that needed to get kind of shaken out of the system did. But unemployment figures come out this Friday and there's not really too big of a point in making a big bet on the market until investors get a chance to see what the unemployment rate has been for the past month. So when we get the big report on Friday, we'll be able to see a little bit more movement in the broad market. Now that said, we are still in the heart of earnings season.

We're seeing some stocks that are excellent individual opportunities to play, especially from an earnings trading basis. But as far as market as a whole, it's likely to remain fairly quiet it until Friday morning and then we'll see where we go from there.