The Next Central Bank Bailout Starts Here…

Here's what's happening on Friday

Action to Take: Friday's jobs report presents a challenging setup that could whipsaw markets in either direction. Hurricane impacts and returning strikers make the underlying trend difficult to parse, while the market remains split on whether good news is good for stocks. Rather than react to the headline number, wait for the market to digest the full report. Use any volatility to write covered calls on winning positions to reduce risk while maintaining upside exposure.

Meanwhile, Bitcoin's pullback from $103,000 reminds us that strong trends need consolidation. With Trump's team building a crypto-friendly administration, these sharp pullbacks offer opportunities for those waiting patiently to build positions.

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Momentum: Momentum remains positive, but market conditions are becoming choppy beneath the surface. Big tech continues to drive gains, while smaller stocks face mounting pressure, particularly in the retail and housing sectors. This divergence between t…