Easy... no one wants to hold risk during the break before Friday.
When Friday comes, the UE numbers could swing the market either way.

I'm staying neutral, holding cash is better. I jump right back in once the direction is established.
We still got upside move and lots of downside risk and lots of money at the sidelines at the 2nd half to pour in.

Today halfday trading only.. so, I'm closing shop early too.  Nothing attractive here.. but
interesting to each is AAPL. We got support now a 400-420 level. If this dips back to low 400, just BUY it.

AAPL recent hired of YSL ex-CEO (Paul Deneve) is interesting. It goes to show that AAPL is going to focus the next big thing on wearables. 

rebound. market is so unpredictable. 

the UE rate is higher meaning more ppl do not hv jobs (nett job loss), so what it increases to 195k, the retrenchment or etc might be 300k,400k and etc.........very confusing...

Don't worry abot UE 7.6%. But, the non-farm payroll numbers are good. Both May and April numbers are revised higher!

Buy signal here for equities, dump bonds and gold.

bonds yield goes crazy! 3% on its way! bad for yield stocks? 

On the same note for rising Oil price.. alternative energy like Solar is good for long side play (short term only).

Take a look at  FSLR, YGE, JASO, LDK and CSIQ etc.. 

No, not necessarily for all yield stocks.

Bad for home builders and mortgage stocks - yes because they fear people may not buy homes because of rising interest rates.

US mortgage for 30 year has gone up to 4.4% (risen 0.02) from last week.

Is it because bond is pretty much as risky as yield stocks? Unlike the situation in Malaysia's bond, many even at fixed rate.

Which US bank is good to ride the recovery? I thought WFC is good for major property recovery, but it's at top valuation among US banks now. BAC and Citi seems cheap, but do they have good chance for aggressive growth potential? Their share price has such a huge gap comparing to before the crisis. 

No, bond is actually safer than risky assets like stocks. The yield for bond is fix if you hold it till maturity. 

I don't know which US bank is good to ride now.. but recovery is already here and any upside could be limited - just my opinion,
if interest rate rise.. I don't know if banks can make more money if less people willing to borrow.

I see. Thanks! 

btw, bull continues tonight. While everyone anxiously looking for volatile market this year, market may surprise everyone by showing full year bull. 
nice play on Apple you sold at 420. Later may buy back at lower price. 

Already, I went back into AAPL because it falls to my buy price again at 415-416 level.
Got some calls again, going to hold over the weekend. Hopefully can repeat again next week (will sell near 420).

Trading AAPL must be quick.. every pops near round up to +$5, just sell it and repeat. 

Mean right now it is a good timing to purchase APPLE stock to make short term profit?

I can only see a very short term opportunity for AAPL trade. Once I see profit, I'll exit or it falls below my stop loss.

The bear rout for smartphone market started for AAPL, has gone over to Samsung and HTC as well.
Recent report that Samsung also experiencing slower smartphone growth.  Profits also slide for HTC.

Basically, the industry is seeing saturation now.

We need the next big thing for AAPL so that it can propel itself upwards again. 

I think there will be more and more people move to HTC & Sony.

Agree for what you said, profits has been slowly slide to HTC.
Samsung & Apple is slowing down unless something new invented.
I think there will be more and more people move to HTC & Sony.