At 50

Friday morning brings lower futures prior to the open.

The April non-farm payroll report came out at 8:30 AM EDT and was OK but not robust enough to spook the federal reserve into accelerating its pace of rate increases.  The futures improved initially and then returned to where they were prior to the report. It looks like trader's fear of future interest rates remains intact.

We are at 50% cash, 50% invested in ETFs with an emphasis for now on QQQ.