Mr. Market

Yesterday the market was going to hell in a handbasket.  Today, it’s booming back up.  Mr. Market just can’t make up his mind.  Get the man some lithium.

Ok, the employment report was released and showed 312K jobs were added versus expectations of 184K. Let’s look at that first. 

Often when the market drops down, babies get thrown out with the bathwater.  This goes to one of my central beliefs about the market.  The market is NOT short term efficient!