The Jobs report is a tricky one. 517k new jobs in December, 50 year low unemployment, what to do, what to do.
The Fed Chair Jerome Powell will be speaking between 12:30est and 1pm est. The market is watching this closely to see what he says about the jobs report.
There were more full-time jobs last May than there are today. Let that sink in a bit. Not one full time job has been created in net over that time span. Layoffs are not always a bad thing except if you are the one being laid off. It allows companies to trim the fat so to speak. Lean and Mean.
Have a great week and always reach out if you have any questions.