ADP – U.S. Adds 241K Jobs in March

The U.S. employment market remains strong as it heads for its 3rd consecutive month of gains.

After February’s solid showing of 313K new job additions, economists suggested the market could be hard pressed for a strong March to follow suit. However, according to payroll processor, ADP, March produced a total of 241K private sector jobs, beating expectations of 205K – 210K.Read More

Market Retreated & Recovered Amid Recent Selloff

The global selloff continued on the open Monday after the DOW and S&P 500 both saw their worst days in two years. After the first hour of trading however, markets have rebounded to be flat or positive on the day. Still, they have a long way to go, the DOW in particular, after its 666-point selloff on Friday. Read More

January Jobs Report & a Look Ahead for 2018

It has been quite the eventful week to round off the first trading month of the year – a market selloff, the first State of the Union address from President Trump, the last FOMC meeting for Janet Yellen and now the first jobs report of 2018. Read More

Preview of Last Fed Meeting of 2017

The Federal Open Market Committee starts its final meeting of 2018 on Tuesday where its widely anticipated to increase its benchmark rate by one quarter percentage point marking the 3rd increase this year and 5th since the financial crisis. Read More

Red Hot Job Market Records 190K Additions

U.S. private sector businesses added 190K jobs in November which was in line with economists’ predictions ranging from 185K – 195K. November’s additions are down from October where 235K job additions were reported. However, this month over month drop came on the heels of only 18K employment gains in September as workers in hurricane torn areas in Texas and Florida were displaced. The surge in October stems from many of those workers returning to the workforce. Read More

Trading Potential E-Mini Spread Opportunities

The opening bell on November 29, 2017 produced an interesting trade pattern within the U.S. Cash Indices. The E-mini NASDAQ (NQ) futures contract turned lower with a significant amount of momentum while other typically correlated indices, such as the E-mini S&P (ES) and E-mini Dow (YM) recorded new all-time intraday highs. Read More

Job Growth Roars Back in October

Payroll management firm, ADP, released its non-farm October jobs report on Wednesday. According to the report, the private sector added 235K jobs in October, a 7-month high and 125K month over month increase from September. Economists expected an increase of roughly 200K jobs based on a sluggish September, which marked an 11-month low.Read More