The stock market is facing a make-or-break week as investors try to hold onto the latest rally amid Fed moves and big-name earnings

• It's a make-or-break week for the stock market and its current rally, according to Fairlead Strategies' Katie Stockton.
• She said a lot of stocks need to sustain their recent gains by the end of this week to confirm a breakout.
• But big volatility events like the Fed's expected rate hike and mega-cap tech earnings could derail the breakouts.

This week is make-or-break for the stock market as investors contend with a convergence of key technical breakout confirmations and market-shaking news.

According to Fairlead Strategies' Katie Stockton, the year-to-date rally in stocks helped trigger several breakouts last week that are seeking confirmation this Friday based on the level they finish the week at.