Recap May 3 ~ Enjoy the ride.

"Stocks snapped higher following a stronger than expected reading of April non-farm payrolls, with the S&P 500 gaining near 1% to edge back into positive territory for the week.  That broad index is up 17.5% year-to-date.

Elsewhere, Treasury yields ticked lower with the 10-year settling at 2.53%, while oil managed to buck bearish commodity price action with WTI finishing near $62 a barrel.  The VIX shed nearly 10% to fall back towards 13."

                                           The trend is still up, no hedges on.