You know what they say, BLS in, and BLS out.

Well, let's see how the markets react to the ADP report this week, as they wait intently for the Jobs report on Friday.

These types of government numbers are all right for trends, preferably broad ones, but these reactions to one-time headline numbers is too often just a rationale for the Street to do what they wanted to do anyway.

Stocks dropped sharply but managed to claw back a little back from the bottom.

Gold and silver especially were hit hard.

The Dollar chopped sideways, which was misreported by the closing bell crowd who assumed it was higher because gold was lower.

Let's see what the rest of the week brings.

I would say cloudy with a chance of a wash and rinse.

Have a pleasant evening.

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