The June non-farm payroll numbers were well beyond estimates as they came in at 4.8 million, dropping the unemployment rate to 11.1%. I think we will see the unemployment rate drop below 10% by the end of August. That should be enough to provide excellent investing opportunities throughout the summer period.
The rest of this trade alert and ideas article is for FullyInformed Members.
2nd Trade Alert and Idea for Jul 2 2020
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.