Stock Market update -May 10th

The market rallied on Friday after a better than expected monthly Jobs report (the unemployment rate now sits at 5.4%). The S&P500 could be heading for a new all time high again, but the Russell 2000 however is still weak. Bonds headed lower, while Oil continued to move a little higher.

Meanwhile the Greece saga continues...

New all time highs:    ATVI, DATA, EXPE, INTU, JPM, MA, V, MDLZ, 
All time lows:   WIN
Pops    AOL, BIIB    Drops:    GMCR, MNST, WFM
Mergers/Deals:  

Next week:  Economic reports,   

Earnings:     AMAT, CSCO, DISH, LOCO, M, MBLY, PBR, 

This week's charts:

S&P 500 -near an all time high
10yr Interest Rates -remaining low?
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):

Natural Gas was up, closing at $2.86

Crude Oil was mostly unchanged, closing near $59.47

Gold was up a bit, closing near $1187 -struggling to get above $1200

The 30 year Bond was down a bit, closing near 156.12

The US Dollar was down a bit, closing at 94.90 -heading back down?

NEWS:

Stocks surge 1% as jobs data eases rate hike fears; Dow jumps 250 points
Stocks could rally next week
Oil top may be in, and it could get ugly: AnalysT -vid

IBM and Facebook in marketing partnership
Googling on mobile devices surpasses PCs in US for 1st time
The Chinese smartphone maker trying to convert Apple fans
Europe's back, baby. The perfect way to play it