and in legal action, peregrine ceo russell wasendorf will get 50 years in prison - the max - for cheating investors out of $215 million. todd horwitz of the adam mesh group joins us now. he has a closer look at the jobs trade. what are you expecting in trading off the jobs number today? > > good morning. all signs the whole week pointed to this one number. the expected number for the forecast is 195. the expected number is 215. if we're not north of 215, i think the market is going to be in for a little bit of a rocky ride today. > todd, as you know, they often say, as goes january goes the rest of the year. this was a terrific january. what do you think? > > i don't see a reason why it wouldn't. fundamentally we still have the same weaknesses we have had for the last two or three years, but, the market wants to go higher, the trend is higher, the tape is higher, so i can't fight it. i've just got to follow the trend. > there are also positive signs from manufacturing, but that did not seem to play out well in the market yesterday. why not? > > you know, the market is kind of pricing in p

russell wasendorf senior was in court on thursday. the company he founded peregrine.al group ultimately collapsed. wasendorf apologized to his victims before he was sentenced. >>> beyonce's performance of "the star-spangled banner" before the president's inauguration raised questions on whether she lip-synched the song. on thursday the singer answered her critics. mark strassmann reports. lip-synced the >> reporter: beyonce's rendition of the "national anthem" at president obama's inauguration was perfect, so perfect many people believed she was lip synching to recorded music. leaders of the marine corps band admit thad i were not playing but the pop superstar said nothing. ♪ and the rocket's red glare the bombs bursting in air gave proof through the night that a flag was still there ♪ >> reporter: when it was over -- >> any questions? >> reporter: she said at the inauguration she had, in fact sung along to a prerecorded track. >> i did not have time to rehearse with the orchestra. it was a live television show. it was about the president and the inauguration and i wa