Mid-Week Economic Review – Feb 04, 2015

This is the week when the U.S. Non-Farm Payroll numbers come out on Friday. The second half of the week packs some important economic reports but the first half also had some impactful events. Here is the mid-week economic review of major events. China Is Still Sulking On Sunday evening (East-Coast time), Chinese HSBC Final…

Does A Bull Flag?

So far February is keeping up with rest of the year in terms of volatility and triple-digit Dow days. Tuesday February 3, was no exception. Dow Jones Industrial Averages surged 305 points, but unlike January, first two February days were triple-digit up days for Dow. With the current price action, DJIA is making bullish flag formation,…

Will ADP Nail this Time?

Automatic Data Processing, Inc. (ADP), is going to release the U.S. Non-Farm Employment Change at 8:15 AM on Wednesday February 4, 2015 for the month of January. ADP’s number gives a preview of what is going to come on Friday, when the Bureau of Labor (BLS) will release its Non-Farm Payroll Report. ADP’s report has historically varied…