The Market has a nice end of day decline yesterday with all of the momo beta names giving it up and this morning the jobs report is way better than expected and the market has reversed all of yesterdays losses and then some - here is the really tuff part though the dollar is rallying today which is leading to weakness in gold and theoretically should be leading to weakness in all asset classes but nope - SPUZ are up $15 here premarket - if the jobs report had been bad the dollar would be getting smoked and that would have supported stocks (only in the fucked up world we live in but thats a discussion for later) but the bulls can have their cake and eat it to.
This opening is gonna hurt.
JB
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