 Good morning everybody I'm Tommy O'Brien coming to you live from TFNN 10 am Eastern Time Thursday morning 30 minutes into the trading day and we got markets to the downside but we got volatility in both directions folks. Weekly jobless claims coming in at about 1.5 million that number hitting at 8.30 am an hour and a half ago. We've had a little bit of volatility in both directions we'll jump right into it on the S&Ps. Last night you were as high as 3,050 I'm actually going to back this out a bit for full context of yesterday's move. You make a low overnight of 3,005 at about 3 am. You trade up to above 3,050 by 5.30 now we'll zoom in on the 8.30 volatility on the jobs number we come into 8.30 at about 3,025 trade as high as about 3,040 sell off to 3,012 and just folks in the last 11 minutes you've seen the S&Ps trade from 3,012 up about 20 points to 3,031 volatility coming at you. NASDAQ 100 at the NQ's talk about some volatility as well yesterday we spiked to a low of pretty close to where we're at right now 3 am you make a low in the NASDAQ of 98.93 we just calm down and touch that number just below that number and then we trade a little bit higher 99.42 you get the Dow futures right now negative 142 points at 25,251 and then we'll jump over to we'll jump over to that weekly jobless claims number total of those receiving unemployment benefits falls below 20 million. So weekly jobless claims coming in at 1.48 million just above expectations they were looking for about 1.35 million continuing claims 19.52 million to take a look at what both of those look like there's your weekly jobless claims number not good if we're just going to plateau it about million million and a half jobs every single week for initial claims and then in terms of continuing claims a big number as well 19.5 million we got a long way to go until we're back to pre COVID levels or anything like that anytime soon and you got to keep in mind folks end of July the CARES Act runs out $600 per month if we're still a 20 million job weekly jobless no excuse me 20 million continuing claims every week that's a big number the market a little bit dicey folks but guess what we're catching a little bit of a bid you got the S&Ps right now down 13 points at 3035 the Vicks right now sitting hovering at 3451 live programming all day at TFN and stay tuned folks we'll be right back.