Here's how to read and react to Friday's important numbers.
Here's how I'm trading the oil and energy markets amid the collateral damage from risk-off sentiment.
Either something on trade or interest rates is going to be the next catalyst to drive this market.
If a deal with Mexico on immigration is made it will change sentiment about how to handle trade issues in general.
Anything weak is a positive to be excited about and anything strong is a nightmare because that might stiffen Powell's resolve to keep rates where they are instead of cutting them.
No one wants to be fighting the market when that headline appears.
Can markets go higher? Certainly, but we still need to see higher prices form here on higher volumes in order to confirm that those big kids are playing ball.
Comments from China, Mexico and the Fed led the way.
Fed Chairman Powell is monitoring rates and recognizes that he might have to take action if the trade wars knock down economic activity.
This may be a case where the short-term damage to markets may be for the best in the longer run.