The Traderszone Network

Its non-farm payroll day in the US, get your forecasts in here:
guesses
If you need some guidance, here are some bank previews (OK, you scallywags, yes, just do the opposite!):

Authored by Ben Hunt via EpsilonTheory.com,

Michael Corleone:  I saw a strange thing today. Some rebels were being arrested. One of them pulled the pin on a grenade. He took himself and the captain of the command with him. Now, soldiers are paid to fight; the rebels aren’t.

Hyman Roth:   What does that tell you?

read more

Fiat Chrysler’s (NYSE: FCAU) troubled Fiat division had another disastrous sales month. The company sold 2,670 cars in May, down 16% from the year earlier. Sales for the first five months of…

After a poor March jobs report, followed by an April scorcher, the May payrolls report due at 8:30am on Friday will be the tiebreaker, not only for the current state of the economy where both soft and hard data have been deteriorating in recent weeks, but perhaps also for the June rate hike decision, which as the Fed noted in its May FOMC minutes, may not take place without “evidence” that the recent “transitory weakness” in the economy is over. Here are the consensus expectations for tomorrow’s report:

read more

Dow: +135.53… Nasdaq: +48.31… S&P: +18.26. A better than expected ADP National Employment Report for May (253,000 actual vs 180,000  consensus) was enough to place the major averages a tick above their flat lines at the opening bell. However, the early momentum stalled but then the charts flagged and up it went. The SPX made more new highs…

The post New Highs appeared first on UpsideTrader.

Waymo, the self driving car division of Alphabet (NASDAQ: GOOGL), says it has begun work on a self driving truck operation. It is not clear whether the trucks will eventually be used for local work,…

Corporate credit specialist Muzinich & Co has debuted a new longer-duration emerging market strategy to complement the shorter-duration one it launched in 2013.

read more

read more