Traders put market rally on hold after steep gains

It's Friday again. It seems like a good start of the weekend for me. Several news are not that great.

- Stocks fluctuated in quiet trading Friday as investors looked past a report that unemployment jumped last month to its highest rate since 1983 and braced for a rush of potentially bloody corporate earnings.

- Oil prices dipped Friday after the government reported that the U.S. unemployment rate rose to the highest rate since late 1983 as employers eliminated 663,000 jobs.
Benchmark crude for May delivery fell 53 cents to $52.36 barrel on the New York Mercantile Exchange.

- BINGHAMTON, N.Y. – A gunman opened fire at an immigration services center in downtown Binghamton on Friday, killing as many as 13 people before authorities found him dead, officials said.

- WASHINGTON – The nation's unemployment rate jumped to 8.5 percent in March, the highest since late 1983, as a wide swath of employers eliminated 663,000 jobs. It's fresh evidence of the toll the recession has inflicted on America's workers, and economists say there's no relief in sight.

- OTTAWA (Reuters) – Canada still faces big job losses but it is well poised to emerge quickly and strongly from recession when recovery begins, Prime Minister Stephen Harper said on Friday. "We all know that we have a massive and growing employment problem," he told Business News Network in an interview in London. "We've seen dramatic drops in output, dramatic rises in unemployment in the last four months... We anticipate more big job losses."

Last night I had dinner with an old friend at KEG. It was nice to see her after years.
She is a very kind person. I wish her all the best.

I sold AGU today. I made a little profit but it was nice to get rid of such high priced stock.
I will be looking forward to some good news next week.

If you are reading this, have a great weekend.