If you took my course, Understanding the Daily Treasury Statement, you would know why I am making this call, now, three days before the release of that number. I am telling you this: it will be far better than expectations.
I am not going to tell you how I know this, but I know. You will have to sign up for the next course to learn how to get this information plus lots of other, very powerful, money making tips and insights from this amazing resource. I am the only one who teaches this.
Consider this a gift--my gift to you, so don't waste it; go make yourself some (a lot) of money.
The number will blow away the 240k expected gain in nonfarm payrolls. BLOW. IT. AWAY.
So, what do you do? You buy the dollar (short euro, yen, British pound, Aussie dollar, etc), sell bonds, sell gold and sell stocks. On the latter, I know it seem counterintuitive because, obviously, a strong jobs number is bullish news for the economy and therefore bullish for stocks, however, the way the market has been trading, i.e. with intense fear of an imminent rate hike, they'll probably hit the stock market in reaction to a strong number. On the other hand, longer term investors should use this as an opportunity to add to long stock positions.
Enjoy.
-Mike Norman
#itsnotaboutthedeficit
1 comment:
Mike -
Looks like March overtime wages might rise to support your position:
http://research.stlouisfed.org/fred2/graph/?g=1631
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