Thursday, June 30, 2016

Brace For Elazar's Official Double Whammy Rating On Non Farm Payrolls

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Jobless claims report today which can predict non-farm payrolls next week.
Both have reversed from a 7 year string of strong results.
Non Farm Payrolls spooked the Fed out of a rate hike.
We have a double whammy rating on payrolls.
(Picture: Here's the famous Fed table where the rate hikes are taken on and off. You can see Elazar officials are keeping a close eye if "a rate hike is back on the table.")
This morning we will have the jobless claims report. Jobless claims and non-farm payrolls (reports next Friday) have run in a similar fashion. The last non-farm payrolls number was weak and halted a Fed rate hike. Today's jobless claims number may give us a sneak peek into next week's all-important non-farm payrolls.
The official Elazar double whammy rating means good or bad it may hit markets. This could set up for today's number, but more likely next week.
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Chaim Siegel has been working with hedge funds and mutual funds as an analyst and PM his entire career. Chaim specializes in earnings and predicts, analyzes and reacts to earnings and earnings events as well as developing current company stories with a hedge fund perspective. If you want his analysis real time sign up to the right for real time email alerts. #in, $spy, $qqq, $iwm, $vxx, $ycs, $fxe, $EUO, $YCS, ^GSPC, INDEXSP:.INX, #elazaradvisorsllc, CME Globex: ES Disclosure: These trades can lose you money and principal especially when using leverage BY USING THIS SITE YOU AGREE TO TAKE ALL RESPONSIBILITY FOR YOUR OUTCOMES AND LOSSES AND HOLD BESTIDEAS, ITS CONTRIBUTORS AND ELAZAR ADVISORS, LLC HARMLESS