Dissecting the Labor Data

Wall Street Warrior Presents ➡ ➡ ➡ ADP Employment data for the month of October recently went public. And the numbers show a U.S. economy that’s still running hot. Here are the details. There were more jobs created than the forecast. Ordinarily, that would be a good thing. It means the economy is growing. But growth pushes prices higher and contributes to higher inflation. The very problem the FED is trying to solve. And on top of that … somehow unemployment still increased by 0.2% . Markets didn’t respond very well as a result. Here’s a chart of the S & P 500 ETF Trust (NYSE: SPY) … But even so, there are still some stocks to be excited about … Sponsored Kiss Your Money Goodbye Wall Street legend Ian King believes this will be “the biggest, the most far-reaching, most consequential plot in American history.” One that will destroy the value of the dollar — and leave millions of Americans destitute. See the simple steps you can take now to protect yourself. Privacy Policy/Disclosures Comfort Food Reigns Supreme We saw it happen for companies like PespiCo Inc. (NASDAQ: PEP) and Mcdonald's Corporation (NYSE: MCD). Even though prices are higher, earnings data continues to beat expectations. Next on the list is Starbucks Corporation (NASDAQ: SBUX) … Here are the details. As the FED continues to raise interest rates in search of lower inflation, pay attention to the market conditions and which businesses continue to attract consumers. We also want to find low-float stocks, with news and the ability to run. Tickers likePeak Bio Inc. (NASDAQ: PKBO). * Float: 5.8 Million * Volume: Already 16 million shares traded today * Volatility: On a +100% spike for the day * News: $100 million SPAC deal Here’s a chart of the price action … Get ready for next week, the mid-term elections are really gonna heat things up. Use this weekend to prepare. Make a watchlist to start Monday strong. The final day of elections is Tuesday, so expect the volatility to build throughout the week. It could get wild, make sure to trade with a plan! The Latest EV Play Yesterday’s hottest runner was a steel company from China. They announced plans to shift into the battery industry and it sent prices through the roof. Here’s a chart of Huadi International Group Co., Ltd. (NASDAQ: HUDI) … It’s managed a +600% spike in less than 2 days. This should serve as a reminder that the battery sector is still red hot. Keep an eye out for more plays like this. And the price action on HUDI isn’t over … there are still opportunities to profit. Guardian Financial Publishing 3571 Far West Blvd Austin, TX 78731 test This email was sent to {EMAIL}. Don't want to receive these emails anymore?Unsubscribe Privacy Policy | Terms | Risk Disclosure