Non Farm Payrolls Down - Market Up

We're in a market that loves payroll reports no matter what the print says.

When non-farm payrolls are up, the market shoots off.

When non-farm payrolls are down the market also shoots off.

What does this mean?

It means the market is happy. Investors want to keep investing. It's so bullish, it's almost stupid. :)

The stock market had a week of great earnings calls from the stocks that set the pace for the market overall. AMZN, META, GOOGL, all delivered, which is wy we love to trade these gems.

AAPL is retracing back to its highs, which brings a sigh of relief from investors. As options traders, we hope to see more volatility come into this stock so the premiums get larger. The premiums have been stale for a good nine months.

AAPL released an increased dividend and stock buybacks, a double whammy that the institutions appreciate. Stock buybacks are often more appreciated by long-term investors than dividend increases because the fewer shares available means one thing; rising share cost. 

Let's see if AAPL can increase lagging phone sales with a new product or increase sales in other areas to try to steal back its crown as the king of the stock market. For now, though, it's a waiting game, and I'll buy more shares only when it crosses $195, then dips again.