Disgusting market

The employment report comes out with a huge dissappointment today, only up 39k jobs with the rate jumping to 9.8% and what does the market do?   open slighly lower then rally to positive territory.  Something is very wrong with this picture.  Manipulation, stupidity, CNBC hype, HFTs???   I don't get it.   TZA has been the biggest loser I have ever had the experience of owning.  Russel 2k is still off its recent highs yet TZA is well into new  low territory.  The math is totally against long term investing in leveraged ETFs, especially inverse ones.  I guess the days of the stock market making any kind of sense are now gone.