Monday, January 2, 2017

Friday's Non-Farm Payrolls Can Catch Market's Off Guard: Bearish

See Full Report
*Jobless claims predict non-farm payrolls. Weekly jobless claims show a slowing economy.

*Jobs are as important as any market statistic.

*A slowing economy can spook newer investors.


Non-farm payrolls ("NFP") report this Friday. Jobless claims have been showing a weaker economy, which can predict Friday's NFP, adding another risk to markets (NYSEARCA:SPY).
Jobless Claims Predict NFP
We had one more data point since our report that said "NFP Estimates Are Way Off." Jobless claims came in a touch weaker again than last month. Higher jobless claims predict a lower NFP. Here are the recent numbers.
The four-week average of weekly jobless claims swings have predicted the all-important non-farm payrolls numbers. Jobless claims are currently running 4.6% higher in December than we saw in November.
See Full Report

PRO TRADER

  • Real time, signals, coaching, direction, analysis on the stock market, gold, oil, bonds, currencies, indexes and more.
  • If our above report was helpful click here for a free trial of Elazar's Pro Trader service on Seeking Alpha.

Disclaimer: All investments have many risks and can lose principal in the short and long term. This article is for information purposes only. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC and their related parties harmless. Any trading strategy can lose money and any investor should understand the risks.




#in, $spy, ^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 ELAZAR ADVISORS, LLC AND ITS RELATED PARTIES HARMLESS