On Friday June 7 2019 we get the non-farm payroll numbers for the month of May.
I thought I would setup this trade today rather than the usual Thursday to assist members who may want to setup their own trade. This gives an extra day for investors to study my trade and decide on their own. I prefer to set this trade up the day before the Friday when the unemployment numbers are released.
I have been using this strategy for approximately 12 years and have not yet had a month where there were losses. 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.
For May’s unemployment numbers, many analysts believe it will show a slowdown of the economy. I am not so sure. ADP indicates that companies added the fewest jobs in 9 years in May, earlier today.
Today’s trade for the May 2019 payroll numbers has to be setup Thursday Jun 6 by 4:00 PM at the latest as the non-farm payroll numbers are released on Friday at 8:30 AM. Here are the trade done and the setup entered today. I am aiming for a 60% return as the goal for the trade.
This Trade Ahead Of Non-Farm Payroll Numbers is for members
SPY ETF Trade Alert Ahead of May Non-Farm Payroll Numbers – Wed Jun 5 2019
Members can sign in to the full members site here
Become a member. Join here, read comments, review benefits
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk.
Internal Stock and Option Trades Links
Put Selling Strategies For Members
Covered Calls Strategies For Members
Profit And Income Strategies Index
Stock and Option Strategies For Members
Stock And Option Trades Explained For Members