Wall Street’s focus is on a flood of economic data hitting the market today. The gross domestic product, durable goods orders, international trade in goods and jobless claims reports were released this morning. Keep an eye on the bond market as Wall Street digests the data — and more in today’s stock market recap.

Things may look bullish from an outside perspective, but be cautious… The Nasdaq and bond market are vulnerable to a looming rise in interest rates. Only 59 stocks in the Nasdaq are trading above their 50-day moving averages. We are breaking above April’s previous high, when 90 stocks were trading above their 50-day MA.

I’ve identified a home goods stock pullback and a Russell 2000 computer equipment stock to trade through this vulnerability. 

In today’s video, you’ll discover why the GDP report is so crucial… whether bonds will rally or drop… whether the Nasdaq is vulnerable to pullbacks… and which stocks to buy and sell right now.

P.S. Volatility is picking up after the Fed announced its benchmark interest rates will likely rise sooner than expected. When this happens, we’ll see a massive shift in the market. People who aren’t prepared and overly exposed will get burned. 

Former Bern Stearns trader Jeff Zananiri created a strategy that allows investors to trade a market that is going up, down or sideways. 

Jeff’s strategy is brilliantly based on a “money link” between two stocks. Generally when one stock is rising, the other is falling — and vice versa….

Big-name Wall Street players have kept strategies like this a secret… But Jeff is giving everyday traders on Main Street a chance to even the playing field.

Get all the details here.