Isn’t it always nice to end things on a high note?
If you were ever a fan of Seinfeld, you may have seen an episode where George Costanza decided that he would leave EVERY situation on a high note – even if he were in a meeting that just started – if he got the crowd laughing, he’d walk away…
Leaving his audience wanting more.
While that may work for a 90’s sitcom…
The fact remains that in the real world – we don’t have the luxury of always being able to leave every situation on a high note.
However…
Once in a while, the stars align, and give us the chance to leave a situation with everybody smiling…
And it seems the US economy may be on track to do EXACTLY that.
You’ve got to love the holiday season…
For one, the market slows down a bit – making the month after Thanksgiving a little less stressful.
Believe it or not…
There are a LOT of people on Wall Street who welcome the holiday break the market seems to take.
Of course, that doesn’t mean we can’t still make money…
It just usually means we need to look a little harder if we want to find the gems that could put some $$$ in our pockets.
However, the recent November Jobs report looks like 2020 is going to pick up where 2019 left off.
One of the added benefits of adding 266K jobs in November (which beat expectations) is the fact that the optimistic jobs report pushed the market’s futures up.
Futures across the three major indices spiked recently on that massive new jobs report….
US employers seemed to put the trade war with China on the back burner, as those 266K jobs brought unemployment down to an almost miniscule 3.5% – it hasn’t been that low in over 50 years.
By just how much did that 266K beat expectations?
Well, economists predicted 187,000 new jobs – making November’s Jobs Report the best in almost a year – as January of 2019 was the only month that seemed to be comparable.
So much so, that these numbers sent Dow futures up 186 points.
A hefty amount of those 266K jobs were fueled by GM workers coming back to work – as they were a HUGE chunk (41,300) of the 54,000 in manufacturing jobs…
Job growth has seen a big push since summer, averaging about 205K over the past three months compared to just 135K in July.
As I said…
Hiring has remained strong.
Despite the fact that there may or may NOT be an end to the trade war between the world’s two largest economies on the horizon.
However, besides the troubles with the trade wars, there’s been some trouble in paradise, as Trump readies the US for some retaliatory tariffs with Europe – which has created a little stagnation in job growth for manufacturing, and has seen four straight months of smaller numbers.
Another factor to think about?
Economists have pointed out that the holiday shopping season essentially began one week LATER this year, delaying hiring by retailers and shipping firms for the month of November.
Meaning the job reports could have been even BETTER…
And that’s good news for us.
Wall Street seems to be gearing up for a BIG 2020…
And whether you take advantage of that or not could depend on what you’re looking to invest in.
There are tons of pitfalls…
And if you want to do your best to avoid said pitfalls – you may want to give GorillaTrades a try.
Our history of giving our subscribers a chance to make a LOT of money is the main reason why we’ve become one of the most trusted names in our industry.
Why?
Because of all the trading services out there…
GorillaTrades doesn’t buy into hype or emotion – our system ONLY works off hard data – giving us an edge over almost anything else you can find on the internet.
Consider giving us a try…
However, even if you’d rather go it alone – the fact remains that you could have a VERY profitable 2020 if you play your hand right.
Good luck!
“Without ambition one starts nothing. Without work one finishes nothing. The prize will not be sent to you. You have to win it.” ― Ralph Waldo Emerson