U.S. equities had every chance to sell off in a major way today. All week we received data suggesting that the recovery is in serious jeopardy.

Yet the markets managed to pare more than 65% of its losses despite a horrible NFP #

NOTHING CAN STICK IT TO THIS TEFLON DON!!!

DOW off 41

NASDAQ off 21

S&P off 6.8

WTI down $0.24

Brent down $1.94

Gold up $26

[youtube://http://www.youtube.com/watch?v=UWLIgjB9gGw 450 300]

 

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