The Day Ahead: Jobs Report Survival Guide
The April employment report ranks right up there in my personal "Darn Tough to Handicap" top-50 list. I honestly have little feel -- only calculated guesses -- as to how market sentiment will develop immediately after the announcement, how long that sentiment will be sustained for the session and then how is will craft into the outlook for the next couple of weeks.
The hidden messages of the market were that conflicted in the days, hours, minutes, and seconds in advance of the report. Also remember that this confusion arrives as earnings season is rounding the home stretch for the first quarter. Essentially, I suppose, this set of numbers, plus the topic of the moment from Europe, will be hanging around until the May jobs figures are issued after four weeks of jobless claims....610 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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