So the market gave back some gains today and turned pretty mixed. S&P 500 barely budged, Nasdaq actually managed a small gain, but software stocks really took a hit and dragged things down. Noticed Salesforce, Microsoft, Adobe all down 2-4%, with Atlassian and Intuit getting absolutely crushed. Meanwhile chip and AI stocks were doing the heavy lifting - Micron up over 6%, bunch of semiconductor names up 3-4%. The stronger-than-expected jobs report actually worked against us. Payrolls came in at 130K vs 65K expected, unemployment dropped, which sounds good on the surface but killed hopes for more Fed rate cuts. Bond yields shot up, 10-year T-note now at 4.17%, and traders basically erased the 23% chance of a March rate cut down to just 8%. Some hawkish comments from Kansas City Fed didn't help either. On the earnings front, things are still mostly positive - about 78% of companies that reported beat expectations, and Q4 earnings growth looking solid at around 8.4%. But individual names all over the place. Teradata popped 22% on solid guidance, Generac up 16%, but Mattel got demolished down 23% after missing badly, Rapid7 dropped 25% on weak revenue forecast. Definitely feels like the market is picking winners and losers more selectively right now rather than moving together.