 At two o'clock we've got the market well at least the S&P off about half of percent the Nasdaq off about three quarters the Dow about three tenths Russell's actually flat on the day crude down about 1.45 percent and gold down about a third percent of course this is on the heels of the rail strike being settled at least legislatively today and then of course the big number this morning was non-farm payrolls which increased by 263,000 for the month why the employment rate was 3.7 the payroll numbers were well above the 200,000 estimate why the unemployment rate was just in line and of course this puts a little heat on those people that I think are way too optimistic about next year when we look at a great deal of earnings they're up a little or down a whole lot Z scalar down a little less than 12 percent today and cracker barrel down a little more than 12 percent today the other ones are kind of in there but even some of the semis like Marvel down 4% on the day Ulta which we've been talking about on the show actually flat I didn't really see much reason to get bearish on it although I know a lot of people have been talking that way around the Tigers then but that's cut it now the question is we've got two days after a big move and generally you want to give maybe three days of having at least some kind of continuation and not just seeing that Wednesday was a buying climax only to see a pullback it's very hard to see with the S&P somewhere around 18 or 19 PE going into next year something's got to give and I don't think it's I don't think it's the PE I think it's the price we'll be back with the show in just a few minutes the reality is that navigating financial markets can be risky markets can be chaotic and difficult to understand having the latest