Market Prep: NFP & Retail Sales

Hello Traders,

Today’s newsletter is going to be short. Volume is thin as the market waits for a huge week of data that was pushed back by the shutdown. We’re starting with Retail Sales, which should be eye-opening—especially after Friday’s report showed consumer credit hitting a new record in January. We’ll also be digging into ADP and wage growth to see if the American worker is actually getting ahead or just falling further into debt.

Wednesday is the main event. We’re finally getting the NFP, wage growth, and unemployment numbers that were stalled by the shutdown. This report is critical because the latest Challenger data shows job cuts hitting their fastest January pace since the Global Financial Crisis. We’ll see if the job market is truly cracking or if it’s just shifting gears.

Even though the White House is already giving a hint..

Now as promised we’ll do AMZN 0.00%↑ deep dive analysis and NDX/SPX supply and demand trading levels to get prepared into this busy week.