BUR starting to come alive again !!!

long BDEV 521.5 s/l on

U.S. stock futures turned mixed Friday as a much weaker-than-expected employment report for November tempered the positive impact of a raised fourth quarter sales forecast from Intel.

U.S. nonfarm payrolls increased a disappointing 112,000 in November while the unemployment rate dipped to 5.4 percent, the Labor Department estimated.

Economists were looking for stronger growth of about 204,000 in November, according to a survey conducted by CBS MarketWatch. None of the 42 economists surveyed forecast a figure as low as 112,000.

Dow futures slumped into negative territory on the job report, erasing a 40 point gain, to trade down 9 points, at 10,585. Nasdaq 100 futures weathered the report better and were last up 12.50 points, at 1,625.50 after being up as much as 16 points prior to the data. S&P 500 futures were up 1.2 points, at 1,191.70.

'Sentiment levels in the stock market are at very high levels right now, 'said Michael Sheldon, chief market strategist at Spencer Clarke LLC. 'The employment report may take the wind out of the market on a short-term basis and lead to a little bit of profit taking.'

'However market internals in general remain extremely positive, so it's unlikely, barring a major shock such as a rapid decline in the dollar or a spike in energy prices, that the stock market will experience a major decline between now and year end.'

On Thursday, stocks ended mixed as a sharp fall in oil prices for a second straight session took some of the sting out of a lackluster sales performance from retailers in November.

covered BDEV +1

covered RGU +1.25