We can't make this up. Following Friday's dismal payrolls, today's Fed Labor Market Conditions Index (the aggregate index of all Yellen's indicators) collapsed to its lowest in almost 3 years. That was just the news that stocks needed to complete the biggest opening rally of the year so far...
Worst labor market conditions in almost 3 years...
[3]
So buy the bad news...
[4]
Strongest rally in eMini from 9:30 EDT for 2015 so far.. $ES_F [5] $SPY [6]
— Eric Scott Hunsader (@nanexllc) April 6, 2015 [7]
