Don't Bail Out of Japan

Thursdays' nice rebound in the stock market has likely put some bearish traders on edge going into Friday's job report. If it were not for the jobs report, one would typically expect the rebound to go a bit further and trigger more short covering before the sellers again stepped in to push the market below the recent lows. The jobs report is likely to short circuit the normal pattern. Though it has not been long since the market made new highs, the decline has already succeeded in reducing both ...