Sunday Mar. 3rd Weekly Outlook
My Weekly Plan
Last Week:
One realized trade - TLT (iShares 20+ Year Treasury Bond) 3/1 93C for +7k
Challenge Account is at 72k from 6k start.
Data this week: Summary and Comments Below
M: Fed Speaker
T: PMIs
W: ADP NonFarm / Powell Testifies / JOLTS
TH: Jobless Claims / Powell Testifies
F: Nonfarm Payrolls / Unemployment
Rate sensitive week coming up. To simply put my thoughts, I am expecting yields to drop, therefore the data should come in favoring a bid on bonds and treasuries…lower NFP, JOLTs, and possibly a hot unemployment print.