Maggie Lake Talking Markets Episode 79: What does the US jobs report mean for the market? With Dale Pinkert.
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Sep 6, 2025 Dale Pinkert, a notable coach and trader from TradeGateHub, shares insights on a surprising U.S. jobs report revealing only 22,000 new jobs as opposed to the expected 75,000. He discusses the implications for the Fed's rate decisions and the market's response, where stocks are climbing and the dollar is weakening. Dale also delves into the influence of celestial events on market trends, the intricate dynamics of gold amidst geopolitical tensions, and strategic advice on trading amidst economic complexities.
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Jobs Report Drove Bond Recovery
- The weak jobs report drove a bond recovery and lower yields, shifting market sentiment toward easing.
- Bonds rally looks like the catalyst for a potential equity melt-up despite economic weakness risks.
S&P Correction Before Melt-Up
- Dale expects an intermediate correction in equities that could set up a larger melt-up later.
- He sees key technical wedge targets around 6200 and a deeper retracement near 5750–5800.
Watch Nvidia As Market Bellwether
- Monitor NVIDIA closely because its weakness could trigger broader market downside.
- Consider protective or tactical positions if NVIDIA breaks toward the $140–$155 area.