Markets are finally getting a chance to react to worst jobs report in two years

March non-farm payrolls coming in at about half of forecast

Dollar was off about 1% on FOREX

Stock futures were down on opening bell but shot 100 points higher

"Bad News is Good News" rally

CNBC thinks jobs takes June rate hike is off the table - but it was never on the table in the first place

The Fed will not be serving a September rate hike either

It's going to be an all you can eat "QE Buffet"

The dollar should have sold off more, but the bull market persists

Currency traders are using circular logic about the strong dollar

The dollar is rising for the same reason that the economy is slowing - the Fed has suspended QE and higher rates are expected

The effects of a strong currency should build over time

When the dollar uptrend ends, it will be a collapse because there are so many people on the wrong side of the trade

March ISM Non-Manufacturing Index slipped more than expected - lowest since June 2014, a two-year low

Monday WSJ article said that if Fed is worried to raise rates even a quarter of a point, then the U.S. Economy is not as strong as everyone thinks

If the Fed really believes the economy is strong, they would have already raised rates

Continued low interest rates indicate the Fed does not believe the economy is strong.

Crude Oil continues to rebound - above $53/barrel

If we close above $54, the market should see move up to mid $70's

Higher oil prices will start to hurt consumers