The Market Is Starting to Make Some Sense - Sort Of

March 08, 2024

There’s a lot of movement priced into today’s trading, courtesy of the jobs report, but we didn’t see that reflected just as the market was opening up. The bond market saw light selling, too. 

The stronger job market report is arguably a bullish force for stocks because Jerome Powell doesn’t care about it right now; there’s no connection between that and the “will he/won’t he” rate-cut question we’ll (probably) be facing heading into this summer. There’s a little more to it than that, and I’ll explain in a second. 

TheoTrade Daily Chatroom Schedule for Monday, March 11, 2024
9:20 AM to 10 AM: Don Kaufman
10:30 AM to 11:30 AM: Prof. Jeff Bierman
11:30 AM to 12:30 PM: Blake Young
12:30 PM to 1:15 PM: Gianni DiPoce
1:15 PM to 2 PM: Brandon Chapman
2 PM to 3 PM: Tony Rago
3 PM to 4 PM: Corey Rosenbloom

Brush Up with These Free Trading Tutorials…
No one’s born knowing how to tell a put from a call - it takes time to learn how to do this stuff. Fortunately, “you’re in” with one of the best trading education teams on Earth, and they’ve put together some 101-level tutorials to get you started or get you back up to speed. Get them here…

Catch the “Catapult” Encore Webinar
I recently showed almost 1,000 attendees how to take boring, consistently profitable trades and “catapult” them into massive winners on the market’s hottest stocks. And I’m getting ready to do it all over again. Go here, snag a spot, and mark your calendar for Wednesday, March 13 at 12 PM Eastern. 

Don Kaufman
Co-founder, TheoTrade