✦ Double S's Corner ✦ Preview of Data
How should we interpret tomorrow's non-farm payroll data, unemployment rate, and initial jobless claims?
The forecast for non-farm payrolls is higher than the previous figure, while initial jobless claims are expected to be lower. However, the unemployment rate is expected to remain unchanged from the previous reading. No wonder today's market has been so quiet. Everyone seems confused and hesitant to make a judgment, choosing instead to wait and see. Normally, with such expectations for non-farm payrolls and initial claims, the market should have priced in these factors in advance, leading to declines in gold and silver, but that hasn't happened. Additionally, if this set of data turns out to be accurate, Trump’s interest rate cut plan may be further delayed. The current market conditions make me slightly concerned about the market's doubts regarding the Fed's independence, though I'm not sure if I'm overanalyzing.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
103768083 : No one dares to make a move
Ruistar : Gold is firmly stuck at 5050
Double S和他的小伙伴 OP 103768083 : The price hasn't moved much, but the implied volatility has dropped significantly![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Double S和他的小伙伴 OP Ruistar : Good news. From a technical cycle perspective, a pullback should have occurred during the tail end of the Asian session yesterday, but the market forcefully turned the pullback pattern into a sideways consolidation pattern. It seems tomorrow’s Non-Farm Payrolls data will provide a clearer trend direction.
Ruistar Double S和他的小伙伴 OP : Yes, Gemini gave me the same advice, telling me that as long as it doesn't fall below 4980, the short-term outlook remains bullish.
Double S和他的小伙伴 OP Ruistar : Hahaha, AI is currently unable to think independently, use it with caution.
103768083 Double S和他的小伙伴 OP : I agree, I've tried analyzing a few stocks using AI, and the results didn't match the subsequent actual movements or the previous analysis.
74258423 : What time will the employment data be released tomorrow