Lets get to it on a day that saw a strong jobs report. One group of stocks hitting a new low, that would be retail. The etf that tracks retail hit a low today. Is the consumer in bigger trouble than we think . Lets find out right now . Dan, what do you think . I dont think theyre in any more trouble than we thought all along. The u. S. Consumer has not been strong here. This week is a great example of a lot of fairy tales. Bull market fairy tales have been pokesed. Today is a great example to your point. The xrt was down 3 on a day we saw oil down and it should be great for retailers. Were not seeing it. I think a lot of it has to do with the unwind of goofy stories that have permeated the bull market for a year. A good jobs report would incorporate a little bit of wage growth. Thats probably not that surprising. Where we do have weakness in the job sector is in those areas like the energy where a lot of the job growth in north america had come from recently. Those are the ones not gro