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Non-Farm Payrolls Report Should Settle the Rally and Selloff Battle

The battle continues between the bearish trend on the weekly chart and the ferocious short covering rallies we've seen off the lows.

The battle continues between the bearish trend on the weekly chart and the ferocious short covering rallies we've seen off the lows. Friday's employment data should settle the dispute and while the number is expected to be strong Wall Street's reaction may not coincide. The rally is almost 6 years in the making but we still haven't seen any reasons to fight this trend. Some of the best areas to focus on have been stocks like HD where the strong dollar is providing a lift to share prices. Dominos is another favorite with some thoughts around premium selling strategies. Netflix and Amazon.com have been two great tickers for trading into earnings and post earnings, we close the week out with strategies you can still apply to both.

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