On Fri May 8 2020 we get the April non-farm payroll numbers. This trade ahead of non-farm payroll numbers has to be put together by Thursday no later than 4:00 PM, as the numbers are released on Friday at 8:30 AM before markets begin trading.
The goal for this trade is a return of anywhere from 40% to 125% depending on whether the S&P climbs or falls lower after earnings are released. The trade article explains in detail the outlook and the setup for this trade.
I have been using this strategy for approximately 12 years and have not yet had a month where there were losses. But like everything in investing, past performance is not a guarantee of future performance. At some point there will be a loss in this trade.
The monthly payroll numbers have been among the most tumultuous of events on a consistent basis which for the past 12 years has driven this portfolio to exceptional gains annually.
At present the fears over the economic fallout from the coronavirus epidemic and what it means for the global economies is keeping investors awake at night and the market is in turmoil. Unemployment is expected to be staggering on Friday when April’s numbers are released. This could create larger than usual profits in this trade.
Make sure to read the full trade article before deciding whether to enter such a trade today.
This Trade Ahead Of Non-Farm Payroll Numbers is for members
SPY ETF Trade Alert Ahead of April Non-Farm Payroll Numbers – May 7 2020
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk.