They were hoping that the market would have picked up since China was closed for a holiday today but - alas - no such luck ...
Yup - as ugly as Hillary in the morning .... Trump without his hair products ... Senator Reid ....
You get the idea ...
So - WHAT HAPPENED???
USA jobs report happened.
While the unemployment rate dropped to 5.1% -- the lowest it's been in like 10 years they say -- the number of jobs added wasn't as high as they had hoped .... Only 173,000
Then to top it off -- they are finding that most of the jobs being created were/a MINIMUM WAGE jobs
What does that mean?
1) Less money making its way around
2) more people needing help for housing/food
3) fears that the government will be raising the minimum wage faster than the market can bear
This week ALONE the market has lead a net loss of -500.00 puts or so