Is This The Best Strategy For High-Probability Profit?

This 17-page guide breaks down the science-based system that is taking the markets by storm.

Don't Miss out on another trade. Get this FREE GUIDE today!

Get My Guide

The January unemployment number was announced this morning showing slower than expected job growth in January. Analysts were expecting around 180,000 jobs to be added while the actual number came in at 113,000. The unemployment rate also down ticked from 6.7% to 6.6%.  Markets traded lower initially then swung wildly from lows to highs and E-mini S&P 500 futures are now trading 14 points higher on the day trading in a 27.75 point range. LNKD reported quarterly earnings this morning announcing better than expected earnings but lowering guidance.  TWTR and FB are both higher this morning with TWTR rallying nearly 4%. Looking to next week we see few catalysts and could expect relatively muted moves in the broader market. We have been seeing some bullish activity in retailers like JWN, TJX, and LB which could represent speculative bets ahead of next week’s retail sales number on Thursday.  We will likely revisit potential long set ups in those names ahead of the number.

James Ramelli
http://keeneonthemarket.com

Pin It on Pinterest

Share This

Get Our Free Daily Trading Videos

Delivered To your Inbox

By submitting your information you agree to our Terms of Service and our Privacy Policy