The Jobs Report Was Ugly and Stocks Rallied Anyway. The Bulls Have It.

Big news up top: after more than fifteen years, Tim Knight's Trading Charts is doubling to a full half-hour show starting Monday. In this Friday edition he sets the stage, then walks the tape after a genuinely weak jobs report, payrolls came in negative against expectations for a solid gain, and stocks rallied anyway on hopes it clears the path for rate cuts. His read: the market is ending the week on a bullish note and it's the bulls' to lose, with CPI on Wednesday as the next big test. Tim also takes a victory lap on SpaceX, now within spitting distance of its IPO price after the unlock everyone feared, and thumbs through the final wave of big-cap earnings, from Microsoft, Amazon and Palantir ripping to Caterpillar and Meta looking heavier. He flags a caution on the precious metals bounce and a couple of fresh storage-name shorts. All positions and views are his own and this is not a recommendation. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters: 00:00 A bigger show starting Monday 01:53 A really weak jobs report 02:45 Bonds still going nowhere 03:45 Next week's risk for the bears 04:37 Back near fully invested 05:20 CPI is the next big event 05:37 SpaceX nears its IPO price 07:00 Semiconductors stay in focus 07:42 A caution flag on metals 09:10 Thumbing through big-cap earnings 12:13 Caterpillar undoes its earnings pop 13:59 Fresh storage shorts 14:34 Watch crude oil into Wednesday #tastylive #tradingcharts #timknight #stockmarket #jobsreport #technicalanalysis #spacex #earningsreport #ratecuts #daytrading tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.