FINANCIAL MARKETS OVERVIEW FOR MONDAY: (2/6) The trade was surprised by a buoyant jobs number; we thought the data could not be sliced and diced but apparently it can. Still, most of the jobs added were part-time positions under 35 hours a week and while that is a start, it is a bit deceptive. Charles Biderman, an expert on these stats, notes some problems in the article below. Meanwhile, Israel has put its embassies and other Jewish sites like synagogues and schools on alert based on intelligence info intercepted from Iran. On the economic front, the world waits to see if the Greek PSI matter will get resolved as promised on Monday. Cycles suggest that market will be off on Sunday night and that some markets will be lower into Monday/Tuesday. Greece needs 145 billion rather than the original 100 billion and new, more delicate problems are surfacing, according to the IMF.