Trading Week Ahead: What You Need to Know if you are Trading Futures
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
The Week ahead: Earnings & NFP (aka job report) ,
by John Thorpe, Senior Broker
Earnings and NFP will be the markets focus.
The Earnings tail this week will include SalesForce on Wednesday and Dell, a dividend pick for tech stocks, on Thursday. LuLulemon reports on Thursday.
Friday the Big news will not come from the earnings front It is that time of the month again, time for NFP. Similar to the JOLTs release earlier in the week, watching how NFP comes out could have a strong impact on the market. The last two reports have been revised down in the following weeks and if this one follows suit could provide some sell pressure in the general market. If however, this comes in as a beat, it’s possible the market rallies on a strong jobs report.
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