US stock futures point to a 1% higher open on Wall Street Friday on strong jobs data and optimism that the Eurozone will continue as a strong fiscal union. The unemployment rate fell to a 2 1/2 year low of 8.6% after a 120,000 job add to non-farm payrolls. The number is still not consistent with rapid growth, but is positive in the face of a deteriorating global economy.
German Chancellor Angela Merkel reiterated her country’s strong commitment to the Euro zone, pushing European markets higher on Friday. European markets are set for their largest weekly gain since the onset of the 2008 financial crisis.
Scott Redler is the Chief Strategic Officer of T3 Live. He develops all trading strategies for the service and acts as the face of T3 Live. Mr. Redler focuses on thorough preparation and discipline as a trader. Scott Redler has been trading equities for more than 10 years and has more recently received widespread recognition from the financial community for his insightful, pragmatic approach. He began his career as a broker and venture capitalist where he was able to facilitate relationships that led him into trading. Beginning his trading career at Broadway Trading in 1999, Scott moved on with Marc Sperling to Sperling Enterprises, LLC after establishing himself as one of the best young traders in the firm. As a manager at Sperling Enterprises, he maintained his status as a top trader in the industry while working closely with all traders in the firm to dramatically increase performance. Scott has participated in more than 30 triathlons and one IronMan triathlon, exhibiting a work ethic that also defines his trading. His vast knowledge and meticulous attention to detail has led to regular appearances on CNBC, Fox Business and Bloomberg, and he has been quoted in the Wall Street Journal and Investor’s Business Daily among other publications. Scott produces much of the media and content available to subscribers and followers. T3LIVE.com is an online financial media network and education platform that provides active traders and investors with market analysis, real-time access to strategies, and in-depth training from real traders, real-time.
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