Weaker Than Expected Jobs Report

Good morning. A weaker than expected jobs report (92,000 jobs), subprime chatter, and more earnings news are in focus. Reaction to the jobs report has been muted and we should expect to see another volatile day if premarket trading is any indication.

Stocks attracting significant buying interest so far include LEND, SWIM, TOPT, MHGC, AMKR, SPAR, OPWV, ULBI, SNDK, SONS, FCN, BAM, ALVR, CAB, AW, ASMI, and QGEN. Sellers are in control of JSDA, BBND, NTAP, TTWO, MNKD, SIMG, LEAP, GME, CBAK, ONT, MKTAY, and POZN.

By this point of the trading week, fatigue is likely to set in since most market pros considered last weekend a working weekend. As of today, many traders have been working for 12 straight days so that alone makes people a little more punchy than usual at week's end. Be prepared to see some unusual trades out there today as a result.

Have a good Friday and, if you're starting your weekend early like many I know, have a great weekend!