It is a bloody Friday. The economy added 200,000 jobs in January as the unemployment rate stayed at 4.1 percent. Treasury yields jump again, 10-yr note @ 2.84% . The high interest fear causes the panic sell in market today. As I said last weekend, market was facing selling pressure this week. For the week, Nasdaq -3.9%, S&P 500 -3.5%, Dow Jones -4.2%. Crude -1.09% to $65.08. Gold -1.09% to $1,333.20. Dollar recovers ( UUP +0.6% ). Another focus this week is the earnings from Big Four: Amazon, Apple, Facebook, Google 1. Cloud Service Amazon is known as online retailer. However, the majority operating income ( 60% ) comes from its AWS (Amazon Web Service Cloud), which presents 10% revenue in 2017. AWS is growing at 45% YoY, which is much slower than Microsoft ( 98% ) and Google (claimed to be the fastest). Therefore, Microsoft and Google are eroding the market share from Amazon. Behind this three are IBM and Oracle. IBM cloud is growing at 24% rate. 2. Adve...