This Tuesday is the big Non-Farm Payrolls report, and Thursday is CPI. How to play the data? Let's see how the veteran trader who has been tracking US stocks for ten years views it.
Simply put, something everyone can understand! Due to the US government shutdown, the October data will not be released, and the November data will be announced tomorrow night. Currently, the expected unemployment rate remains at 4.4%, the same as in September, which is basically the highest in the past year. A higher unemployment rate can be simply understood as a decline in economic vitality, leading to increased unemployment. Therefore, stimulating the economy is necessary, and a rate cut is a positive signal. Non-farm employment has decreased by more than half compared to September. The expected value is 4 million. The decrease in employment and the high unemployment rate form a positive correlation, which also supports a rate cut. For the market, it’s important to adjust based on indicators and position accordingly, rather than making immediate big moves based solely on the data—whether long or short! Thursday night’s CPI data is currently in line with expectations, indicating that prices are under control and inflation is temporarily stable. This is what the Federal Reserve wants to see and is a positive signal that inflation is being controlled. Considering the current indicators on the 4-hour chart, after completing a deep squat on Friday and the weekend without breaking the level, tonight and tomorrow during the day, the main strategy is to buy low on dips, betting on the positive expectations and the rebound demand from indicator adjustments! If the actual data meets expectations, market sentiment and confidence will recover. With only 10 days left until Christmas, a small wave of oscillation and rally can also be anticipated! The key is whether the market can move in line with expectations and establish a trend after the data is released. This does not negate the possibility of planning low-buying trades tonight and tomorrow during the day!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
5 Likes
Reward
5
3
Repost
Share
Comment
0/400
SaogeXiaofandi
· 12-15 14:25
Stay strong and HODL💎
View OriginalReply0
Ryakpanda
· 12-15 14:13
Just go for it💪
View OriginalReply0
BornToBeBeautiful131
· 12-15 14:05
Singaporean angel investor Mark Koh fell victim to a phishing scam while testing a network game, losing at least 100,000 yuan worth of crypto assets. He downloaded malicious software, and despite performing a system scan, multiple wallets were still emptied. He has reported the incident to the police and warned the public to be cautious of similar scams. ChainCatcher reports, new
This Tuesday is the big Non-Farm Payrolls report, and Thursday is CPI. How to play the data? Let's see how the veteran trader who has been tracking US stocks for ten years views it.
Simply put, something everyone can understand!
Due to the US government shutdown, the October data will not be released, and the November data will be announced tomorrow night. Currently, the expected unemployment rate remains at 4.4%, the same as in September, which is basically the highest in the past year. A higher unemployment rate can be simply understood as a decline in economic vitality, leading to increased unemployment. Therefore, stimulating the economy is necessary, and a rate cut is a positive signal.
Non-farm employment has decreased by more than half compared to September. The expected value is 4 million. The decrease in employment and the high unemployment rate form a positive correlation, which also supports a rate cut.
For the market, it’s important to adjust based on indicators and position accordingly, rather than making immediate big moves based solely on the data—whether long or short!
Thursday night’s CPI data is currently in line with expectations, indicating that prices are under control and inflation is temporarily stable. This is what the Federal Reserve wants to see and is a positive signal that inflation is being controlled.
Considering the current indicators on the 4-hour chart, after completing a deep squat on Friday and the weekend without breaking the level, tonight and tomorrow during the day, the main strategy is to buy low on dips, betting on the positive expectations and the rebound demand from indicator adjustments!
If the actual data meets expectations, market sentiment and confidence will recover. With only 10 days left until Christmas, a small wave of oscillation and rally can also be anticipated!
The key is whether the market can move in line with expectations and establish a trend after the data is released.
This does not negate the possibility of planning low-buying trades tonight and tomorrow during the day!