Today, the Market appears set to open higher as news that nonfarm payrolls fell by just 11,000 compared to the 125,000 consensus number. The levels we are watching in the SPY are 111.40 for sup and 112.30 for res. Below 111.40, the next support level is SPY 111-111.20. Above 112.30, we could see a move up to 112.60-113.

Our best AM Idea for today, which we highlighted in our AM Meeting is to buy AAPL close to 198.50. Tgt: 201-202. We also like the short in GLD as long as it is below 117.20. Tgts: 116.25, 115.50.

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