Short days often lead to big swings. This morning’s ADP report which came in lower than expected, started the day with a rally.
The ADP report showed private job creations for June came in at 102,000 versus an expected 135,000. These lower than expected job numbers coupled with a similar miss for May’s ADP report, caught the attention of analysts and investors who believe these numbers should create room for the Federal Reserve to cut at least a quarter, if not a half, off interest rates as early as July.
For FullyInformed Members here are my Investing Strategy Notes after the close on Wed Jul 3 2019.
Today’s closing notes also views 3 stocks which I have a number of trades planned for on Friday. These trades will not matter which way the market moves but they may have some adjustments as explained in each write-up.
Later this evening, the Independence Day Membership sale starts and runs until Sunday night at midnight, EST.
....The After The Close Investing Strategy Notes are for FullyInformed Members.
After The Close For Wed Jul 3 2019
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