The Market In 5 Minutes: Friday, March 4, 2016

Below is a tool used by the Benzinga News Desk each trading day -- it's a look at everything happening in the market, in five minutes. Apply for daily AM access by clicking here or emailing minutes@benzinga.com.

Macro Focus

Non-farm Feb. payrolls smash expectations. 242K vs 190K est.

Private payrolls hit 230K vs 185K est.

Feb. unemployment rate unchanged at 4.9 percent, but job losses continue in mining.

No update after North Korea says it's ready to use nukes at a moment's notice Thursday night.

"Maybe no one" won Thursday night's GOP debate.

China releases its new five-year plan this weekend.

Natural gas could be in for bad summer.

Desk Focus

Smith & Wesson SWHC shares skyrocket after record gun demand, strong guidance.

Disney DIS "Zootopia" film getting huge social media hype.

Bluebird Bio BLUE spikes after positive Piper Jaffray and Wells Fargo commentary on Lenti-D data; Piper calls it "very promising."

Weight Watchers WTW insiders get bullish after bearish options activity earlier in week.

Sunedison SUNE and TerraForm Power TERP reach settlement.

HP Enterprise HPE skyrockets 14 percent after strong guidance, rewarding investors who read spinoff research.

China Techfaith CNTF continues move up after reports latest contract buyer is Nielsen Audio.

Anadarko Petroleum APC investors digest reports company will initiate layoffs next week, shares up 5.5 percent.

Wingstop WING rewarding investors after earnings beat and good guidance; chicken wings still in bull market.

SolarCity SCTY shares spike early, selloff day after Musk go-private rumor circulates.

Sell-Side Themes

Analysts discussing recession predictions. JPMorgan sees 33 percent chance; Wells Fargo says 23.5 percent.

Auto bubble talk not ending.

Oil predictions being made too. Credit Suisse sees $50 by May, Macquarie sees $30, Barclays is near $40, and UBS thinks the entire oil market is in short squeeze mode.

Brexit likelihood being modeled. Credit Suisse/ICM data shows likelihood now near 40 percent, was 32 percent last summer.

Sell-Side's Most Noteworthy Calls

As airliner traffic numbers continue coming in, Buckingham says air fare pricing environment in "evolution." Likes all U.S. airliners except Allegiant Travel ALGT [Neutral].

Monsanto MON downgraded at Goldman Sachs [Sell].

Morgan Stanley says Under Armour UA can make $14 billion off Steph Curry.

Longbow warns against shorting 3D Systems DDD [Neutral].

H&R Block HRB downgraded by Wedbush [Neutral].

Marsh & McLennan MMC upgraded at Goldman Sachs [Conviction Buy].

Nimble Storage NMBL downgraded at Piper Jaffray [Neutral].

Macquarie goes all out on tech/cloud, starts Oracle ORCL [Outperform], Microsoft MSFT [Neutral], Workday WDA [Underperform], and other names.

Evercore ISI upgrades JC Penney JCP [Buy] with 40-50 percent upside call.

Dougherty downgrades Ambarella AMBA [Neutral] month after upgrade.

Macquarie downgrades, issues stern warning to investors of Kroger KR [Underperform].

Oppenheimer calls for S&P 2,300.

Deal Talk

FedEx FDX is concerned with M&A talks between Norfolk Southern NSC and Canadian Pacific CP. 

Snapchat raises $175 million from Fidelity.

AMC Entertainment AMC buys Carmike Cinemas CKEC for $30 per share and market believes it; little arbitrage opportunity left.

Market also believes Tumi TUMI takeover from Samsonite for $26.75 per share.

Notable Media Stories

Low oil hurts evil regimes, dictators [Bloomberg].

China may never fix its "zombie" factory problem [WSJ].

Funds are trimming their startup valuations [WSJ].

Dry bulk CEO warns of coming bankruptcies [ZeroHedge].

Yale economist sees bubbles everywhere [CNBC].

Academia

American distrust may be hurting the labor market [Brookings].

You can build your own robo advisor [Alpha Architect].

Sustainable projects will cost almost $8 trillion over next 15 years and someone has to pay for it [McKinsey].

Simultaneous declines in capital and commodities have led economic crisis before, and it's happening again [NBER].

Coffee prices still 50 percent off peak made in 2011, mid-90s [FRED].

Blogosphere

The next Amazon AMZN or Apple AAPL is "probably failing right now" [FiveThirtyEight].

The autonomous car market is worth $270 billion [Capital Market Labs].

The ideal Donald Trump trade is long Gold, short China [ValueWalk].

Biotechs are weak link in market [Price Action Lab].

It's your last chance to sell Chesapeake CHK [Seeking Alpha].

Kinder Morgan KMI could be Buffett-esque by 2021 [Seeking Alpha].

Buy-Side

Starboard cuts stake in Darden DRI from 20 percent to 6.2 percent.

Whitney Tilson calls Herbalife HLF situation really complicated.

Green Dot GDOT says it's trying to work with Harvest Capital.

Trending On Social

RIG, CHK, IWM, WLL, WFT, AAPL, X, GPRO, KO, MDVN [StockTwits].