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adp employment change: approximately minus a bazillion
did they leak the adp employment daya or something?
ADP tomorrow so probably no
ADP forecast is only 31k that’s gross
ADP employment Wednesday is it
Everybody got complacent and greedy and started to think the market would never go down again with these historically expensive valuations. Things like META obviously have to go up in a complete V shaped recovery. I actually wanted to buy puts at the end of the day Friday for this week because I thought this was a perfect time for a pullback with big tech earnings not impressing outside Amazon, a cautious Fed, and a China deal that didn’t allow Blackwell chips into China and Nvidia rallying huge in anticipation anyway. But then it didn’t happen Monday so I thought well I’ll wait for the ADP Wednesday and of course now it’s happening. But the market breadth has been terrible and big tech has been masking the weakness.
They were always cooked, that's ADP day
Does fall in line with creating a situation that makes sure challenger and adp reports don't end up being the headline news when they suggest us has been and currently is in serious economic trouble.
***Week Of 11/7 Market News and Data*** Hello WSB members. Another week, new opportunities and money to be made hopefully. It’s a light week regarding news. **Monday 11/3:** - S&P Global Manufacturing PMI (Oct) - ISM Manufacturing Prices & PMI **Tuesday 11/4:** - JOLTS Job Openings (Sep) **Wednesday 11/5:** - ADP Nonfarm Employment Change (Oct) - ISM Non-Manufacturing Prices & PMI (Oct) - S&P Global Composite PMI (Oct) - Crude Oil Inventories **Have a great week everyone.**
***Week Of 11/7 Market News and Data*** Hello WSB members. Another week, new opportunities and money to be made hopefully. It’s a light week regarding news. **Monday 11/3:** - S&P Global Manufacturing PMI (Oct) - ISM Manufacturing Prices & PMI **Tuesday 11/4:** - JOLTS Job Openings (Sep) **Wednesday 11/5:** - ADP Nonfarm Employment Change (Oct) - ISM Non-Manufacturing Prices & PMI (Oct) - S&P Global Composite PMI (Oct) - Crude Oil Inventories **Have a great week everyone.**
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