How Does Jobs Data Impact Trading?

While most of us are intuitively aware of the impact that the monthly employment report has on the equity market, Mike Panzner delivers a graphic overview to puts it into perspective:

  Data   Overall Average On Jobs Report Days 
Absolute Net Change %   0.77% 0.99%
Intraday High-Low Range %   1.36%   1.61% 
Up Days as a % of Total*   51.06%    56.62%

* divided by 100 for clarity
on the accompanying chart
Includes data from 1/1/94 through the present

click for larger chart:

Sp500emp_1

Source: Michael Panzner, Rabo Securities

>

(Kudos to Mike on getting mentioned in the WSJ’s Ahead Of The Tape column this morn).

Category: Economy, Trading

Huzzah! 274,000 New Jobs

Category: Economy

Brace yourself, Bertha — Its NFP Day

Category: Economy, Psychology

Dow Jonesy Enough for Ya?

Category: Markets, Psychology

Chart of the Week: Sell in May . . .

Category: Investing, Markets

Smart Money? Hardly

Category: Media, Trading

Bet the Jockey or the Horse?

Category: Trading

Apprenticed Investor: Know Thyself

Category: Psychology

Single vs. Multiple Variable Analysis in Market Forecasts

Category: Earnings, Investing, Markets

Economists React to the Fed

Category: Economy