Tomorrow we get the unemployment report for November. If the Weekly Initial Unemployment Insurance Claims are any indication the report should show continued strength in the jobs market.
With the market gyrating ahead of Friday with investors taking profits after the massive November rally, tomorrow could see major moves by the S&P either way depending on Friday’s jobs numbers.
This trade strategy, which I have used repeatedly against the release of jobs numbers each month, has continued to return decent profits, often coming close to doubling the capital that has been risked.
This article outlines today’s trade ahead of tomorrow’s jobs numbers and how it will be handled once the markets open on Friday.
The afternoon trade alerts and ideas are for FullyInformed Members.
Preparing For The November Employment Numbers – Afternoon Trade Alerts and Ideas for Dec 1 2016
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