Job growth in the U.S. in May was much weaker than analysts expected, with 54,000 positions being created. The unemployment rate rose to 9.1%. Additionally, numbers from the prior two months were revised down.

What does it mean? The economy remains challenged, to say the least. But this has been a slow, difficult climb "out" of the recession if you agree with the ECRI's assessment of the end of such things. For stocks, it looks like a weaker open is in the cards.

Elsewhere, Moody's is saying the U.S. needs to get its fiscal house in order or risk losing its primest of the prime credit rating down the road. Probably not a big surprise, but now we've got another ratings agency issuing words of caution about the U.S.'s ability to retain the most-favored credit status in the world. So stay tuned.

IN THE HEADLINES

* A Trade to Play the Market's Swings - Barrons.com

* Bond Vigilantes Wrong on US Debt: Economist - CNBC

* Wisconsin Issuer Roils Muni Field - WSJ

* No Quick Cure for These Summertime Blues - Barrons.com

Fresh ideas may be hard to come by in this tape but Breakout found someone willing to stick their neck out on names both obscure and hiding in plain sight. Hilary Kramer, editor of GameChangerStocks.com, has picks galore. With no further ado:

* Goldman Sachs (GS): With a regulatory overhang that's second to none, including a subpoena today and a stock that's fallen 20 percent in less than four months, you'd instinctively think to avoid buying. But Kramer says that's all wrong and "Goldman is good for a short-term bounce and a long-term home run." She says GS will successfully fight off any charges, adding that their ace in the hole is that their client base is very sophisticated and signed agreements saying that they understood the risks. She owns the July call options because she thinks a buyback announcement could be coming.

* Evercore Partners (EVR): Kramer says this boutique investment bank is the antithesis of Goldman in that it has no regulatory issues and they're building their