Stocks Jumped Their First Hurdle – Here’s How They Can Clear the Next One

[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”]PGlmcmFtZSB3aWR0aD0iNjQwIiBoZWlnaHQ9IjM2MCIgc3JjPSJodHRwczovL3d3dy55b3V0dWJlLW5vY29va2llLmNvbS9lbWJlZC9DQ0N6ZFk0anQ2VT9zaT1zTGtOUzNvVFRlR0ltV0d6IiB0aXRsZT0iWW91VHViZSB2aWRlbyBwbGF5ZXIiIGZyYW1lYm9yZGVyPSIwIiBhbGxvdz0iYWNjZWxlcm9tZXRlcjsgYXV0b3BsYXk7IGNsaXBib2FyZC13cml0ZTsgZW5jcnlwdGVkLW1lZGlhOyBneXJvc2NvcGU7IHBpY3R1cmUtaW4tcGljdHVyZTsgd2ViLXNoYXJlIiByZWZlcnJlcnBvbGljeT0ic3RyaWN0LW9yaWdpbi13aGVuLWNyb3NzLW9yaWdpbiIgYWxsb3dmdWxsc2NyZWVuPSIiPjwvaWZyYW1lPg==[/video_player]

I was singing a decidedly cautious tune last week, especially compared to the week before…

But then, on Friday, a very weak payroll report slammed a strong bid under stocks. Bad news is good news (again). Market players hope the sign of a softening economy will mean a more dovish Fed in the near future.

I’m not convinced that’s the case at all – and you shouldn’t be, either.

Don’t mistake that for gloom: I still believe stocks can rally from here, and I’ll show you why. And I’ll show you the key technical levels stocks have to clear to keep the bull running. Bonds also loom large in whether or not stocks can power on.

That said, I’m finding some nice setups in all of this, and that’s what we’re going to look at right now…

More from TheoTrade

How My Spreads Beat 50/50 Odds

Where Global Money Goes After The Fed Pauses

How Often Your Spread Has To Win

The Backup Plan Behind Your Stop Loss

The Only Times I Move My Stop Loss

The Rotation Out of Semiconductors And Into…


Most Recent

How My Spreads Beat 50/50 Odds
Where Global Money Goes After The Fed Pauses
How Often Your Spread Has To Win
The Backup Plan Behind Your Stop Loss
The Only Times I Move My Stop Loss

Get educational market insights sent right to your inbox.

As Seen In