Market Likes Strong Job Growth - SPY Will Challenge $236.50

One Option Trading Blog http://ift.tt/2o2XNHq Posted 9:00 AM ET - The market is constantly searching for a piece of news it can latch onto. This morning ADP reported that 263,000 new jobs were created in the private sector in March. This was a very "hot" number and the S&P 500 is up five points before the open. Financials and energy stocks have a strong bid and we should see a nice rally today. The Fed has an aggressive tightening agenda. That means we need strong economic data. ADP was 100,000 over consensus estimates and this bodes well for Friday's jobs report. ISM manufacturing was strong last …