SPY ETF Trade Alert Ahead of November Non-Farm Payroll Numbers – Wed Nov 30 2022

Later today we get Powell’s speech at 1:30 and then the Fed’s Beige Book at 2:00 PM. Then on Friday we get the November non-farm payroll numbers. I setup a trade this morning to try to take advantage of both of these events.

The goal for this trade is a return of at least 100% depending on whether the S&P climbs or falls. The trade is designed to profit no matter which direction the S&P moves.

This trade was more expensive than the prior month’s trade and still has the same goal of 100% return.

For members, the trade article explains in detail the outlook and the setup for this trade.

I have been using this strategy for approximately 16 years as of 2022, without any month taking a loss. But like everything in investing, past performance is not a guarantee of future results. At some point there will be losses in this strategy. Remember if you have never traded this type of strategy, paper trade until results are consistently profitable.

The monthly payroll numbers have been among the most tumultuous of events on a consistent basis, which for the past 16 years has driven this portfolio to exceptional gains annually.

Make sure to read the full trade article before deciding whether to enter a similar trade today. This type of trade is not the easiest to handle and should be paper traded to learn the ins and outs of the method employed before risking any capital. Remember that these are high risk trades that can result in losses.

I am not a financial planner or advisor and have no investment accreditations. I am an investor who has been investing since the bear market of the mid-1970’s. Nothing presented is advice or recommendations. These are simply trades I am entering or considering.

 This Trade Ahead Of Non-Farm Payroll Numbers is for members

SPY ETF Trade Alert Ahead of November Non-Farm Payroll Numbers – Wed Nov 30 2022

Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk.

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