The number of workers in the United States, excluding farm workers and those in a few other employment groupings, is calculated using non-farm payrolls. The Bureau of Labor Statistics (BLS) measures this by asking private and public organizations in the United States about their payrolls. Through its carefully watched "Employment Situation" report, which is released every month, the BLS provides the public with non-farm payroll figures. The non-farm payrolls statistics also excludes some government employees, residents of private homes, business owners, and employees of non-profit organizations in addition to farm workers.
The market has been range bound for the last few weeks with volatility on the decline, and earnings all over the place. So where to go to look for a trade? Nike has already had Earnings and is near a low of the year, so seems like a good option. As a contrarian that can mean only one thing to me: I have to make a trade with the assumption it will go up from here over the next 45ish days. We will do that by making a Long Call Vertical trade to bet that it starts to head up over the next couple months. For more on my trading and how to join me in real time, see below. Watch the video to get the details. Kal Trading Risk Disclaimer All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All tr