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Thursday Recap

After yesterday's sharp sell-off stocks stabilized today and rallied to close near session highs.  2015 has been a 'spin your tires in the mud' affair.  Would it be any more appropriate if tomorrow's jobs reports sparks a rally back to Monday's levels?

Bonds remain a volatile trade with $TLT dropping to its lowest level of the year before mounting a furious recovery rally.  The 20 year bond etf now sits right at long term support.  Tomorrow's jobs report is likely to push it one way or the other into the summer.

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