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Thursday, December 07, 2017 9:14:14 AM
December Jobs Report Day: Russell 2000 Up Nine Straight
By: Almanac Trader | December 6, 2017
Expectations for November’s nonfarm payroll report, scheduled to be released Friday morning, are right around 200,000 net new jobs. Today’s ADP Employment report estimated 190,000 new private sector jobs which is in line expectations for Friday’s report. Over the past 16 years, the market has responded favorably to November’s report released in December. Over the last 16 years DJIA, S&P 500, Russell 1000 and Russell 2000 have all advanced more than 60% of the time with average performance ranging from 0.15% by NASDAQ to a 0.46% by the Russell 2000 small-cap index.
http://jeffhirsch.tumblr.com/post/168269154418/december-jobs-report-day-russell-2000-up-nine
• DiscoverGold
(Disclosure: I do not own Russell 2000 (RUT) shares)
By: Almanac Trader | December 6, 2017
Expectations for November’s nonfarm payroll report, scheduled to be released Friday morning, are right around 200,000 net new jobs. Today’s ADP Employment report estimated 190,000 new private sector jobs which is in line expectations for Friday’s report. Over the past 16 years, the market has responded favorably to November’s report released in December. Over the last 16 years DJIA, S&P 500, Russell 1000 and Russell 2000 have all advanced more than 60% of the time with average performance ranging from 0.15% by NASDAQ to a 0.46% by the Russell 2000 small-cap index.
http://jeffhirsch.tumblr.com/post/168269154418/december-jobs-report-day-russell-2000-up-nine
• DiscoverGold
(Disclosure: I do not own Russell 2000 (RUT) shares)
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
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