Happy Friday

Good morning folks, 
We have the jobs number this morning which is always interesting. 

If the number is too strong and more people are getting jobs than were expected that is great for the economy which could be bad for the stock market. If there aren't enough jobs created and it misses the expectation by a good margin that would be bad for the economy but could be good for the stock market. 

The number will be out before I finish this post and should give us an idea which direction the market is headed off the news. 

So the number was an absolute blow out! 
Much higher than expectations and after a brief pop to the upside we saw red across the board. Gold was also getting whacked and oil drifted lower as the dollar continues to climb. Now things have settled a bit and the market are now showing some green again. 

It could be a wild day as the talking heads try to absorb and then decipher what the strong jobs number will do to the stock market.  

The financials should do fairly well today since interest rates are likely to rise sooner than anticipated off the strong number. 

Stocks on the radar

RADA possible continuation, TLOG possible continuation, ALSK earnings winner 2 dollar roll don't chase it history of pop and flop look for a setup, TUBE had a nice move yesterday price target raised, MAGS keeps flirting with 6 look for a break with good volume, GERN hot flag on the daily, MITK nice flag on the daily, VTSS better than expected earnings gapper  look for a setup , MBLY up premarket more of a swing trade, TRVN  priced its share offering at 4 bucks bounce play on the daily relatively thin name 

JDST JNUG UUP SPX NDAQ IWM TVIX TZA USO always on the radar for market sentiment

Seeking Alpha

Today's Markets:
In Asia, Japan +0.2% to 17920. Hong Kong +0.7% to 24003. China +1.4%to 2939. India -0.4% to 28458.
In Europe, at midday, London +0.6%. Paris +1.3%. Frankfurt +1.3%.
Futures at 6:20: Dow +0.1%. S&P +0.1%. Nasdaq +0.2%. Crude -0.8% to $66.30. Gold -0.3% to $1204.30.
Ten-year Treasury Yield +3 bps to 2.27%

Today's economic calendar:
8:30 Non-farm payrolls
8:30 International Trade
10:00 Factory Orders
3:00 PM Consumer Credit

Notable earnings before today's open: BIG, BNS, GCO

CNBC in the News

U.S. stock futures were higher in early trading, ahead of Friday’s jobs report. Stocks in Europe and Asia were higher, while oil was lower. TheDow and S&P 500 backed off record highs Thursday. (CNBC) Economists expect that 230,000 jobs were created in November, but wage growth will likely remain elusive when the monthly employment report is released at 8:30 a.m. ET. Here's what happens when the jobs report surprises. (CNBC) Get instant analysis right after the jobs report from our "Squawk Box" all-star panel and then at 8:40 a.m. ET Brian Belski at BMO Capital Markets looks at whether the Dow can hit 18,000 by year-end. Starbucks Reserve Roastery and Tasting Room opens today in Seattle. At 15,000 square feet, it brings designer foods, a lavish setting and craft coffees together in one place. (USA Today) Apple (AAPL) is moving to dismiss the lawsuit involving claims of monopolistic behavior with its iPod software. The issue is whether a plaintiff purchased the device during the period covered in the trial. (CNBC) Ride-hailing service Uber has closed a new $1.2 billion round of financing,valuing the online startup at $40 billion and setting up what could be the next big initial public offering. (NY Times) CBS (CBS) and Dish Network (DISH) continued talks beyond last night’s deadline, after CBS threatened to pull its signal from Dish if no new agreement was reached. (REUTERS) The hack at Sony Pictures disclosed more personal information than previously believed, including the Social Security numbers of more than 47,000 current and former employees, actors and other freelancers. (WSJ) President Barack Obama is expected to announce former Deputy Secretary of Defense Ashton Carter to the top job at the Pentagon, replacing outgoing Defense Secretary Chuck Hagel. (NBC News) Protesters again clogged streets in New York City, with demonstrations spreading to Chicago and other cities Thursday as outrage continued over a grand jury's decision not to indict in the NYPD chokehold case. (NBC News) NASA today launched the unmanned, test flight of the Orion deep-space capsule, after gusty wind and sticky valves scuttled Thursday’s effort. (NBC NEW

Best of Success!