Stock Market update -Apr 5th

The S&P500 futures dropped on Friday morning after a very disappointing Monthly Jobs report, along with downward revisions for January and February. The labor participation rate continued to fall as well. Bond, Gold, and Oil markets were little changed for the week. Next week we could see follow thru weakness based on the Jobs report, as some of the indexes could break a support level.


New all time highs:    AN, CI, DKS, EXPE, HRS, KMX, LO, M, NVO, TGT,
All time lows:   
Pops:     
Drops:  

Next week:  Economic reports,   
Earnings:     AA, BBBY, FDO

This week's charts:
S&P 500 -is this just a huge distribution top that started in December?
10yr Interest Rates -remaining low?
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):
Natural Gas was up a bit, closing at $2.71
Crude Oil was up a bitclosing near $49.14
Gold was unchanged, closing near $1200
The 30 year Bond was mostly unchanged, closing near 164.56
The US Dollar was mostly unchangedclosing at 97.67 -still under 100

NEWS:
Futures sharply lower on jobs data miss (vid)
U.S. job gains weakest since 2013; unemployment rate steady
Chart of the Day -Mortgage rates
Chart of the Day -April performance
How Does UVXY Work?
Six Years Of Bull Market Bull ...by David Stockman
Central Bankers Are Running A Doomsday Machine

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