Yields Soar, Stocks Take A Beating; Alphabet, Halliburton, Ferrari In Focus

Strength in the labor market from the latest JOLTS report sent the 10-year yield soaring and puts more attention on the jobs report Friday. Market breadth continued to suffer as stocks got pummeled. Still, it's a good idea to keep watch lists fresh with Alphabet and Halliburton showing potential support at their 50-day lines. But you could also have a watch list of stocks to short like Ferrari.