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Stocks ended the week on a sour note, at least in the U.S., as we saw the Dow, S&P 500, and Nasdaq fall modestly on Friday. The jobs report came in a little weak and may have had something to do with the losses, although the initial reaction in the morning was positive. The I-fund held onto a gain and bonds (F-fund) had a strong day, but both of those funds were down for the week.

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The climb in stock prices has officially continued into the new year. The first full week of 2020 demonstrated that buyers are still in control of U.S. stock markets. Geopolitical matters that spooked markets the previous week were shrugged off when Iran's attempt of retaliation ended with no U.S. casualties and Iran accidentally shooting down a civilian plane in Iran carrying their own citizens. With geopolitical tensions on the back burner, buyers went back to work and the growth momentum of the ...

Jobs report: U.S. economy adds 145,000 jobs in December, unemployment rate holds at 3.5%

Change in non-farm payrolls: +145,000 vs. +160,000 expected and +256,000 in November

Unemployment rate: 3.5% vs. 3.5% expected and 3.5% in November

Average hourly earnings, month on month: +0.1% vs. +0.3% expected and +0.3% in November

Average hourly earnings, year on year: +2.9% vs. +3.1% expected and +3.1% in November

https://finance.yahoo.com/news/decem...215614283.html

Stocks rallied yet gain on Thursday as the melt up that everyone had been talking about, may be here. The Dow gained 212-points or .074%. Small caps lagged a bit closing off their highs, and the dollar was up putting some pressure on the I-fund.

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Stocks rallied about a half of a percent yesterday, but that doesn't tell the story of the last 24 hours or so. We saw a 500-point decline in the Dow futures after hours trading on Tuesday night. By the opening bell, the indices opened flat. From there the dip buyers used the reversal to trigger another rally, and the Dow was up nearly 300-points at Wednesday's highs. A sell off in the final 30-minutes cut those gains in half, but overall the bulls came out on top after the wild ride.
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