Non Farm Payroll


NFP Report Tomorrow & Support and Resistance Levels 1.07.2021

January 6th, 2022 Filed under Future Trading News | Comment (0)

Get Real Time updates and more on our private FB group!

NFP Report Tomorrow: By Mark O’Brien, Senior Broker

Here comes the Labor Department’s December Non-Farm Payrolls Report, long form for the unemployment report.
We just saw the surge in private hiring in the ADP National Employment Report on Wednesday. According to the report, private payrolls jumped by 807,000 jobs last month, the most in seven months and nearly double the early consensus after rising by 505,000 in November. Economists polled by Reuters had forecast private payrolls would increase by 400,000 jobs. The ADP report has a poor record of predicting the Labor Dept.’s numbers – primarily because of each report’s differing means of collecting data. The consensus for tomorrow’s report is to see 400,000 new jobs created, with a consensus range of 300,000 to 500,000. Private payrolls are expected to come in ±363,000.
This month’s backdrop includes a demand for workers reaching historic highs as businesses struggle to meet the rush of demand for goods and services. A record 4.5 million Americans quit their jobs in November as employers sought to fill 10.6 million job openings. Hires rose from 6.5 million in October to 6.7 million in November, a sign that most job-quitters are switching to new firms instead of dropping out of the workforce. On top of these variables, the rapid spread of the Omicron variant and its impact on jobs may not be reflected in this month’s report.

 

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.

 

Futures Trading Levels

01-07-2022

 


Economic Reports, Source: 

https://bettertrader.co/ 

 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.


Non Farm Payroll Report Out Tomorrow & Support and Resistance Levels 11.04.2021

November 4th, 2021 Filed under Day Trading, Future Trading News, futures trading education | Comment (0)

Dear Futures Trader,

Get Real Time updates and more on our private FB group!

NFP – Non Farm Payroll report out tomorrow at 5:30 AM ( lucky us on the west coast….) or 8:30 AM Eastern time.

This is probably the most watched market report each month and a market mover across the board!
Do your homework, be ready and if in doubt, stay out….
From ForexFactory.com:
Source Bureau of Labor Statistics (latest release) Measures Change in the number of employed people during the previous month, excluding the farming industry; Usual Effect’ Actual’ greater than ‘Forecast’ is good for currency;
Frequency Released monthly, usually on the first Friday after the month ends; Next Release Dec 3, 2021
FF Notes This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts;
Why Traders
Care
Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;
Also Called Non-Farm Payrolls, NFP, Employment Change;
If you are looking for other reference material please contact your Cannon Broker for lists of solid, informative and helpful trading tomes

Good Trading

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.

 

Futures Trading Levels

11-05-2021

Futures Support and resistance trading levels 11.05.2021

 


Economic Reports, source: 

https://bettertrader.co/ 

 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.


Non Farm Payroll Tomorrow + Rollover Notice!

March 8th, 2018 Filed under Future Trading News | Comment (0)

____________________________________________________________________

Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

____________________________________________________________________

Non Farm Payroll tomorrow morning 8:30 AM EST 

Employment situation from Econoday

Employment situation from Econoday 

Rollover notice 

Rollover Notice for Stock Index Futures

Important notice: For those of you trading any stock index futures contracts, i.e., the E-mini S&P, E-mini NASDAQ, E-mini Dow Jones etc., it is extremely important to remember that we are now rolling over and trading the June contract.

Starting March. 8th, the June 2018 futures contracts will be the front month contracts. It is recommended that all new positions be placed in the June 2018 contract as of March 8th. Volume in the March 2018 contracts will begin to drop off until its expiration on Friday March 15th.

The month code for June is M8

Traders with electronic trading software should make sure that defaults reflect the proper contract as of Friday morning.

Please close any open March Currency positions by the close on Friday the 16th.

Good Trading!

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.  You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Futures Trading Levels

3-08-2018

Contract June 2018  SP500 Nasdaq100 Dow Jones Mini Russell BitCoin Index
Resistance 3 2777.00 7080.42 25285 1603.13 10986.67
Resistance 2 2759.75 7045.83 25135 1592.97 10543.33
Resistance 1 2754.50 7012.67 25033 1583.33 9991.67
Pivot 2741.25 6980.08 24883 1573.17 9548.33
Support 1 2734.00 6957.92 24781 1563.53 8996.67
Support 2 2720.75 6911.33 24631 1553.37 8553.33
Support 3 2712.50 6892.17 24529 1543.73 8001.67
Contract Apr. Gold May Silver Apr. Crude Oil June  Bonds Mar.  Euro
Resistance 3 1338.7 16.72 62.61 145 1.2562
Resistance 2 1334.2 16.65 62.00 144 16/32 1.2508
Resistance 1 1328.5 16.57 61.16 144  3/32 1.2413
Pivot 1324.0 16.50 60.55 143 19/32 1.2358
Support 1 1318.3 16.43 59.71 143  6/32 1.2263
Support 2 1313.8 16.36 59.10 142 22/32 1.2209
Support 3 1308.1 16.28 58.26 142  9/32 1.2114
Contract May  Corn May Wheat May Beans May SoyMeal Apr. Nat Gas
Resistance 3 402.3 516.7 1082.08 392.33 2.84
Resistance 2 398.0 509.6 1075.67 389.27 2.81
Resistance 1 395.8 504.4 1069.83 386.33 2.78
Pivot 391.5 497.3 1063.42 383.27 2.76
Support 1 389.3 492.2 1057.6 380.3 2.7
Support 2 385.0 485.1 1051.17 377.27 2.70
Support 3 382.8 479.9 1045.33 374.33 2.67

Economic Reports, source: 

http://app.bettertrader.co

Economic Report - Friday, March 9th

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.


Non Farm Payroll due Tomorrow – Market Moving Report 4.07.2017

April 6th, 2017 Filed under Future Trading News | Comment (0)

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp  

____________________________________________________________________

Voted #1 Blog and #1 Brokerage Services on TraderPlanet  for 2016!! 

____________________________________________________________________

Friday, April 7th 
US March Non-Farm Payroll Report 
Friday 08:30 EST /13:30GMT
(US) Mar Change in Non-farm Payrolls
(US) Mar Change in Private Payrolls
(US) Mar Change in Manufacturing Payrolls

What the News Desk Says

The March employment report is expected to continue the trend of solid job growth seen in recent months. The jobless rate is forecast to stay at 4.7% and nonfarm payrolls gains are expected at 176 thousand.

With the Fed beginning to tighten rates in earnest, major data points like the employment report will influence expectations for the tightening cycle. The baseline expectation is for a total of three rate hike this year, but if the data trends better than expected it could open the door for a fourth rate hike in 2017… More…..

Have A Questions? Open an account Free Demo Account Free Demo Account

Questions?

Valid first name is required.
Valid last name is required.
Phone number is required.
E-mail is required.
Message is required.
Phone (USA)
Phone (International)
Our Approach

You and your broker will work together to achieve your trading goals. We develop long term relationships with our clients so that we can grow and improve together.
Learn More About Choosing Cannon

Our Platforms

Please click on one of our platforms below to learn more about them, start a free demo, or open an account.
TransAct AT
E-Futures
Shogun Trade Executer
Firetip (Mac Compatible)

________
Doing Business With
See more...
Loading
Loading

Loading