Friday, 27 April 2012

I am Concerned about next Friday's Employment Report

Dear Friends,

The week is ending soon. Now I am already studying about next month's market direction. If you know our style,we always like to study how enterprises and public reports are to determine the direction of the month.

However, I am worrying about next month's employment report, the Non-farm payroll report, which will come out next Friday. After studying the jobless claims this month, I feel that next month's Non-farm payroll may have higher chance of falling below expectations. If you remembered, this month's non-farm payroll is a disaster, leading to the index drop from the peak. In fact a lot of US companies fall from the high after the non-farm payroll.

Of course, I do not like to predict results before they come out. But sometimes as a trader, I will assess the probability of whether it will be more or less than expectation before the real result. As such, I will know what the risks are holding on to a stock or buying the stock before the report.

As currently I don't feel quite good about next month's employment report, I would certainly want to stay in the sideline on any long position before next Friday unless I end my position before Friday.

I hope my concern about the employment report is WRONG this time. Will keep you updated on our market outlook analysis next week!!! Do keep a lookout.



·         美国联储局都不看好美国经济? 道琼斯昨晚闭市在 22412 点,涨了 41 点。 昨晚最大的新闻就是联储局的会议。联储局的主席耶伦讲了几样事情: 1)   第一: 联储局保持利率不变 , 但耶伦也表示今年还会加息一次。 这其实和原本的预测一样...