February 5, 2016 10:45 am eastern

The U.S. added only an estimated 151,000. This was weaker than the expected 190,000. But the official unemployment rate fell to 4.9% which while not a record low is in fact quite low. Overall, the American economy is still growing although slowly.

In Canada it was estimated that the jobs declined about 6000 and the unemployment rate edged up to 7.2%. Alberta lost an estimated 10,000 jobs and had an unemployment rate of 7.4%. Ontario gained 20,000 jobs and had unemployment of 6.7%.

In my own trading I may wait and see how the Q4 earnings numbers come in from various companies.

Boston Pizza reports next week and while same store sales may be down somewhat, it is unlikely that the distribution would be cut  and in fact it could possibly be raised. Boston Pizza continued to buy back shares as well at the maximum of about 7200 per day.