New jobs data will be reported Friday, and investors are guardedly optimistic.
Here's how to trade the glass-half-full mood.
Time was, investors were expecting Friday's jobs report to spur a rush for the exits. But that is soyesterday. With this morning's ADP report showing 91,000 private-sector hires - nothing to write home about, but not a disaster either - there is hope for Friday's report.
'I think there is potential for a better number, given where the market's expectations were" before this morning's report, says Andrew Busch, global currency and public policy strategist for BMO Capital suggests putting on risk.