this article talks about wall street being in a 'wait and watch' mode because of some important jobs data and stuff related to bitcoin and tesla. if the jobs data isn't good, the market might go down, but if it's good, the market might go up. also, an official from the federal reserve said some things that made people unsure about what's going to happen next with the economy. Read from source...

The Wall Street community appears to be in a 'wait-and-watch' mode ahead of the eagerly-awaited US monthly non-farm payrolls data. The market's reaction to this data, which is the single most important economic indicator for the US and the world, will likely determine the future direction of the US stock market and, by extension, the global stock market. Bitcoin, the leading cryptocurrency, has been on a steep decline, possibly due to several factors such as regulatory uncertainties, high inflation, and geopolitical risks. However, experts believe that this decline may be temporary and that Bitcoin may rebound strongly in the future. Tesla, the leading electric car maker, continues to be in a strong uptrend, driven by the growing demand for electric cars and Tesla's superior technology and brand reputation. Morgan Stanley's Chief Investment Officer, Lisa Shalett, recommends active stock picking over passive investing and advises investors to focus on companies that can achieve expected earnings and potential for growth at a reasonable price. The US economy appears to be in a soft patch, with several economic indicators showing signs of weakness. However, experts believe that the US Federal Reserve may respond to this weakness by cutting interest rates, which may provide a boost to the US stock market and, by extension, the global stock market.

Neutral. The article discusses the current state of the market with no clear bullish or bearish sentiment. It merely presents the facts and gives insights from analysts and upcoming economic data.

1. **Wait-And-Watch Mode ahead of jobs data** - The market is trading cautiously ahead of the all-important monthly non-farm payrolls data. If the number comes in line or softer than expected, the market's reaction will likely be positive if traders focus on its implications for rates. Alternatively, if they perceive it to be an added evidence of economic weakness, a sell-off is likely.

2. **Bitcoin Plummets** - Bitcoin has seen a sharp retreat since Wednesday, with crypto investors likely panicking ahead of Mt. Gox's $10 billion in bitcoin repayment starting this week.

3. **Tesla Extends Climb** - Tesla remains on track to climb for an eighth straight session.

4. **Uncertainty in Fed Official's Comments** - A Federal Reserve official issued ambiguous comments in a public appearance on Friday. The central bank has made rapid strides in bringing inflation to the 2% central bank target but it is still "a way" from achieving the goal, New York Federal Reserve President John Williams said in prepared remarks. Uncertainty will mark the near-term policy direction, he added.

5. **Market Strategist Recommends Active Stock Picking** - Amid the market's strong showing, a market strategist recommended active stock picking rather than passive investing. Morgan Stanley Chief Investment Officer Lisa Shalett advises investors to focus on companies that can achieve expected earnings and potential for growth at a reasonable price.

Based on these points, it's advisable to consider diversifying investments while closely monitoring tech stocks and crypto investments.