The job market, also known as labour market, is the place where both employers and job seekers conduct their searches. The job market is a term that illustrates the competitiveness and interaction between various labor forces rather than a physical location. Depending on the availability and demand for labor within the larger economy, the job market may expand or contract. The demands of a particular industry, the requirement for a given degree of education or skill set, and necessary job tasks are other market-influencing elements. A important part of any economy is the job market, which is closely related to consumer demand for goods and services.
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