Market Direction Mid Week Update©

Market Direction: BULLISH alert issued 11/10/2016

The market on Thursday, private payrolls and initial claims... 

In a holiday-shortened trading week, Thursday will bring us the first of two days of labor market data that will culminate with Friday’s big jobs report from the government. What should we expect for the remaining trading days this week?

At 8:15 a.m. ET, data provider ADP will release its report on private payroll growth in June, with economists on Wall Street looking for 190,000 jobs to be added to the private sector during the month.

Fifteen minutes later, the Bureau of Labor Statistics will release its weekly report on initial jobless claims, with economists expecting this tally of first-time filings for unemployment insurance to hold steady near 240,000.

This data will follow what was a pretty quiet day in markets, with the Dow finishing down 1 point, or 0.01%, while the S&P 500 eked out a fractional gain of 0.15%, and the tech-heavy Nasdaq gained 40 points, or 0.6%.

$tockMarketDirection proprietary model is currently BULLISH. We strongly encourage you to monitor positions closely, exercise proper money management strategies and follow us at  $tockMarketDirection for ALERTS we may issue advising a change in the current market direction. Stay tuned and follow us. If you have a testimonial or comment of how this website has helped you we would like to know, email us. Share with a friend.

The all-time highs since our initial recommendation to go LONG this market. Here is how the markets have performed:

Stock Market Direction Recommendation (11/10/2016)
Dow	up 2,754.87 points a 14.65% gain	7/3/17
Nasdaq	up 1,132.90 points a 21.75% gain	6/9/17
S&P 500	up 286.34 points a 13.21% gain	6/19/17

Related Link: http://www.stockmarket-direction.com/