Why bonds are sideways — and what it means for the market

Plus one sector that's showing major earnings surprises! [image] Ignore the stock market volatility and trade this "infinite loop" pattern instead [Learn More]() [image] [image](=) Why today's income report is huge … Why bonds are moving sideways & what it means for the market … How to gauge current strength in the market … Volatility and how it's impacting the market … One sector that's showing major earnings surprises and how to interpret it … Is the market setting up for upside or continuing to trade lower … [Click here to watch now!](=) [image] My pivot number today is 4045 on the ES (S&P 500 futures). The market is trading inside yesterday’s high and today’s low which is 4041. If support doesn’t hold then we’ll go down to another level but 4045 will be a good pivot number to start the day. If you look at the week, we opened at 3910 and so the market has had a bid all week. We have today and Tuesday to save May from being another negative month. The open of the month was 4140, about 90 ES points from here. I think the last two hours today are very important today. Therefore I’m inviting you to come for my last Payday Friday of May. Here’s the link to join at 9am Eastern: [() We are going to talk about some income opportunities right in front of us. [image] [image] Are we finally at a broad turning point — even if temporarily? My scans have been busting at the seams the past few days. Find out what our pros think about timing, Basic Materials, and so much more on [Ask The Pros LIVE today at 12 noon ET.](=) For example, is NUE worth trading? Brother STLD is up over 10% since I highlighted it on Wednesday… [image] Kind words from our best students: "Tom, Up 25% in one day with TSP Rapid Trade!" — Jim J., a premium subscriber to Tom Busby RISK DISCLAIMER There is a very high degree of risk involved in trading. InvestPub and all individuals affiliated with this site assume no responsibility for your trading results. The indicators, strategies, columns, and all other features are for educational purposes only and should not be construed as advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. [Unsubscribe]( DTI Trader 1555 University Blvd S Mobile, Alabama 36609 United States (251) 652-1555