US equities action is about to heat up (despite the polar vortex covering most of the country in a deep freeze) with earnings season kicking off tonight
Jay Soloff
Argonath Financial
US equities action is about to heat up (despite the polar vortex covering most of the country in a deep freeze) with earnings season kicking off tonight. Alcoa (AA) gets things started as usual and will provide some insight into demand for industrial metals. In the meantime investors are trying to digest recent jobs data in anticipation of tomorrow's non-farm payrolls release. Jobless claims dropped by 15,000, which is another signal (along with yesterday's ADP number) that the December unemployment number could be better than expected. Nevertheless, investors appear to be concerned the good jobs news will encourage the Fed to increase the rate of tapering. Not to mention, the latest Fed minutes show some officials are seeing diminishing economic benefits from the bond buying program. So will a good jobs number weigh on the market? We'll find out tomorrow.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market maker on the floor of the CBOE, as a consultant on Wall Street, and as a senior analyst at a multi-strategy hedge fund. You can visit my website at www.argonathfinancial.com.
3 topics
Jay Soloff
Research Analyst
Argonath Financial
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
Expertise
No areas of expertise
Jay Soloff
Research Analyst
Argonath Financial
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
Expertise
No areas of expertise
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
This recently triggered market signal has never failed to predict gains
Ophir Asset Management