Cannon Futures Weekly Letter

In Today’s Issue #1244

• The Week Ahead – Non-Farm Payrolls, Earnings, Tariffs

• LIVE, FREE Demo for Futures & Options

• Trading Levels for Next Week
• Trading Reports for Next Week

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

Non-Farm Payrolls

A full week ahead and as nearly always, the 1st Friday of the month brings an impactful data set to the markets. Non-Farm Payrolls (NFP).This week will also feature the last week of Fed speakers until after the FOMC Rate announcement 8 business days following this upcoming weekend, known as the blackout period. Light earnings, only 149 reporting as we are in the 9th inning of this game.

Tariffs

More volatility to come as next week all markets will be reacting to whatever comes out of the U.S. Govt leadership relating to conflicts cessation and trade deals. Therefore, increased volatility expectations with periodic choppiness as the administration Vs the Courts seem to be in the middle innings of their tariff battle.

Earnings Next Week:

• Mon. Credo
• Tue. HP, Dollar General, Crowdstrike
• Wed. Dollar Tree
• Thu. Broadcom, LuLuLemon
• Fri. ABM industries

FED SPEECHES: (all time CDT)

• Mon.     Logan 9:15 am CT, Goolsbee 11:45 am CT
• Tues.     Goolsbee 11:45 am CT, Logan 2:30 pm CT
• Wed.     Bostic 7:30 am CT
• Thu.      Harker 12:30 pm CT,
• Fri.       None

Economic Data week:

• Mon. ISM mfg. PMI
• Tue. RedBook, JOLTS, Factory Orders,RCM/TIPP Econ Optimism Index,
• Wed. ADP, PMI Final, ISM Services, EIA Crude Stocks, Beige Book,
• Thur. Challenger Job Cuts, Continuing claims, EIA Nat Gas storage
• Fri. Non-Farm Payrolls, Used Car prices.

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START YOUR DEMO NOW

Trading Levels for Next Week

Daily Levels for June 2nd, 2025

Before Your next Trade, learn to recognize charts and patterns!

Trading Reports for Next Week

First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

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.

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