Stocks were up for a second straight day.（连续两天）
However, one has to wonder if there is a false sense of security allowing this to happen.（错误的安全感）
You see, the Chinese market is closed for a couple days for a national holiday. So there are no scary headlines to weigh on the nerves of investors around the globe.（重压）
What happens when the Chinese market comes back on line and the next set of economic data get released? （联机）
The answer to that will be much more telling for how world markets move forward than how this week wraps up. (说明问题，圆满结束）
Noise, as in, meaningless nonsense that does not help you determine what to do next.(就是说，无意义的废话）
So please do not become enamored with any gains made inside the range. Nor become despondent when things take a temporary turn for the worse." （迷住，沮丧）
Especially since it was fueled by the Chinese Merchandise Trade Balance being so stinking bad that investors have their fingers crossed for massive stimulus to come. （极其糟糕的）
Expect more range bound trading for now until the fundamental outlook becomes clearer. And we will navigate our course based upon that outlook. （行动方向）
Each day they see nasty red arrows lowering their net worth, the more risk averse they become. （令人讨厌的， 反对地）
Stay tuned for those fresh catalyst and then trade with the prevailing winds.(主流的）
Yet by the end of this week there may be enough ammo to solve that riddle.（弹药，难题）
Right now the investment environment still has a negative bias. As such, it's possible that even neutral news could act as a catalyst to the downside.（倾向，依据这样）
Range bound trading continued on Monday with the past week spent in the middle of this range near 1950.
Speculation is running rampant about what the Fed will do Thursday. (猜测，无处不在）
Third, send a clear message to traders that they don't call the shots and the Fed will not bow to their unreasonable demands.(发令）
Truly traders are like petulant children screaming for more candy and ice cream.（任性的）
Fourth, this move erases one more question mark from the investment equation. （situation）
And it will stop investors from focusing on an issue which is nothing more than a side show.（仅仅是，余兴表演）
So they could throw a tantrum that gets smoothed over when cooler heads prevail. （耍性子，减缓，冷静占上风）
Or they could have a premature celebration that gets quickly swept away. （过早的，卷走）
Most likely the catalyst to break this pattern rests in the key economic reports to kick off October (寄予，开始）
Gladly, for now the Fed recedes into the rear view mirror until we start coming up on their mid-December announcement.（退却）
Again, if we are not strong enough for a rate hike after a 6 year expansion and +3.7% Q2 GDP ...then when will we ever be ready??? （上涨）
I still believe that a focus on the Chinese economy and any ripple effects for the rest of the globe is what truly matters now. (涟漪）
In fact, a Zacks' customer emailed me perplexed about why all the Fed Presidents are making such diverse speeches that are only adding to the confusion.（困惑，多种多样的）
China PMI Flash Mfg Index. 47.0 is in contraction territory (收缩）
It was a mixed bag indeed. Here is the roll call.（点名）
Exports and Hiring are showing weakness which foreshadows poorer results ahead. （预示）
One could make the case that we just go higher in the range until the next serious catalyst comes to jettison us from the range.(摆脱）
If that gets closer to contraction territory, then I bet we have not seen our last flirtation with the recent lows （考虑）
Also Consumer Sentiment today will hold some sway if it continues to go down.（具有统治力）
The media was ablaze with stories of doom and gloom.(炽燃，悲剧，悲观）
Stock market volatility continues unabated.（未减弱）
And the odds are good that we haven't seen the worst yet.（极有可能）
I'll share the Cliff's Notes of my 4 most controversial negative catalysts （具有争议的）
While I am nibbling on select stocks that look like great bargains right now, I am still mighty cautious given how far this correction can extend. （略有兴趣，非常）
So I am saving lots of dry powder.（灭火器（还有大火的意思）
There are lots of profits -- and lots of margin calls -- to get wrung out of the exuberance.（强取，生机）
Another Dent in the Bull Market? （凹陷）
Admittedly that could just be a statistical fluke that gets corrected down the road.（偶然）
Investors took notice with retail stocks taking it on the chin.（下巴）
This is most evident in the –1.1% showing for the Retail ETF (XRT).（明显的）
That makes sense given very low unemployment and tremendous energy savings which should end up in the coffers of other consumer oriented vendors. （金库）
Now is the perfect time to get this game plan and adjust your strategies to not just survive, but actually thrive during the next bear market (兴盛）
Too often they tell themselves the importance of being long term investors and just to ride it out. （安然度过）
That strategy was good for a -58% mauling during the last bear market.（虐打）
This group of products is important as history shows a decline in truck production often precedes future recessions (在之前）
No doubt the Chinese government will be sticking by their completely fabricated 7% GDP growth projection （捏造，预测）
The good news is that Alcoa does not have the best track record in foreshadowing what the rest of earnings season holds. （预示）
So we will have to patiently sort through the stream of reports to form our conclusions on the health of earnings season （整理，接二连三）
The Fed is still very cautious about hiking interest rates amidst global turmoil (在环境中，一团糟）
And with the successful retest of the August lows, a "fortress" of support was built between S&P 1870 and 1900. (堡垒）
The signs for stocks to head lower keep mounting (增加）
Until the fundamentals start looking up, then investors should expect stocks to have a predominantly downward trajectory.（轨迹）
The September US Retail Sales report came in relatively soft across the board with only modest pockets of strength on the discretionary side (全体，利好， 非必需品）
Stock investors are casting a deaf ear to the screams of bond investors. (表演）
And right now they are gearing up for the increased likelihood of recession. （做好准备）
This is likely due to increased concerns of a recession as they often come with low inflation or even outright deflation. （彻底的）
Therefore they are willing to accept a paltry 2% rate in return. （微不足道的）
Lastly, a recent study by JP Morgan says that the recent rise in junk bond rates equates to a 42% risk of recession in the next 12 months. （风险大债券，视为等同）
This is certainly a case where we all hope that the recent buoyancy for stocks proves to be the better predictor of what lies ahead.（繁荣）
they are the ones you want in your portfolio as they can provide phenomenal rates of return for those who get in early enough （非凡的）
Inevitably, the stocks that start off too hot are the ones that will languish for 6-12 months in a stand still position. (衰败，停滞不前）
To be fair, Consumer Sentiment perked up a bit after three months of decline. （增长）
Yet Retail Sales are lukewarm at best even with tremendous energy savings accruing to consumers month after month.（温和，充其量，累积）
At this stage stocks will probably hang out in a range of 2000 to 2060 (200 day moving average) until the next catalyst emerges.（逗留）
Just more Muddle Through growth. (混乱）
Gladly the Zacks Ranks proven effectiveness gives us all an edge at these times.（优势）
If markedly worse, then stocks should be heading lower for a spell. （显著地， 一段时间）
On top of that we get a below consensus reading for Consumer Confidence at 97.6 （共识）
Stocks were already set for a round of profit taking Thursday morning before Q3 GDP hit the wires. (上线）
Yes, +1.5% was just under consensus estimates, but much better than some of the more ominous projections.（不详的，预测）
However, stock pickers with a proven edge can find ample returns.（充分的）
2013 was a gangbuster year for the stock market with 32% gains for the S&P 500.（牛）
All you had to do is strap yourself to the best growth stocks and the money would roll in.（用带子绑）
.but I prefer to scoop up more of the mid caps as they typically provide greater upside potential. (舀）
The 11% bounce in the stock market from recent lows tells you that most investors believe the bear argument stands on shaky legs. (不稳的）
don't completely dismiss that these 3 things may indeed become the undoing of this bull market in time.（毁灭原因）
However, most expansions have much more robust growth (3%+ GDP) which begets excesses which begets the next recession.（招致）
Tuesday delivered two confidence surveys that are at odds with recent market and economic action. (不和）