The markets are flat again today as all eyes turn to the Non Farm Payrolls Report tomorrow. Expectations are for a gain of approximately 175,000 jobs in the month of July. So what happens if the number comes in sharply above or below estimates? Anything too high or too low will shock the markets and cause selling. Below I reveal the ranges, along with the likely stock market reaction.

1. Neutral Number

Any number between 150,000 and 200,000 will be looked at as a goldilocks report. In other words, the job gains are not too strong to force the Federal Reserve's hand to raise interest rates but not too weak to show the economy is sliding towards recession.

2. Slightly Warm Number

A number between 201,000 and 250,000 will be looked at as a slightly strong number. This will cause the markets to think there is a very slight chance of an interest rate hike later in 2016. The Dollar may strengthen slightly and interest would likely bounce. This could cause some minor selling in the stock market, but nothing major.

FireEye Inc (NASDAQ:FEYE) reported earnings after the close. The internet security company posted revenue of $175 million on a loss of ($0.33) per share. The company missed expectations and as a result is seeing its stock price crushed. After-hours, the stock is trading at $14.50, -2.25 (-13.43%).

There is a very intriguing level to watch tomorrow for a potential buy. There are two major support trend lines that join forces between $14.00 and $13.50. The stock should see support and be a potential long here. Note the chart below.

Great Basin Scientific Inc (NASDAQ:GBSN) has been crushed. There is no other way to put it. The stock traded near $4.00 on May 16th, 2016. Since then it has fallen as low as $0.28 yesterday. The near term low is likely in and I expect a bounce back above $0.50.

Let's go over the reasons why it likely fell. Recently, the company announced a $75 million in funding. When a micro cap gets funding like this they usually have to give a ton of stock to the firm funding them. The firm then sells it on the open market to recoup some of the money they are lending to offset the risk. This is likely what happened. The key is, it appears that between yesterday and today that seller has finished. If that seller is truly done, the stock likely will see more net buyers than sellers and rebound back to the $0.50+ range. In addition, the company appears set to continue the solid growth they have seen in 2016.

Amazon ($AMZN) bounced today off an up-sloping trend line that starts in February 2016. This trend line has been amazing, holding price in a near vertical climb.

How To Trade It

As long as Amazon stays above that trend line, it has the ability to go higher. It is far too overbought at this juncture to buy, but wait to short until it cracks that trend line. Once below it will be an epic drop, potentially north of $120.00. That fall would take Amazon to at least the current 200 daily moving average at $645.00.