Non-Farm Payroll Report: Most Gamed Market Event

Chart of the day — Non-farm payroll releases for the last year.

Question is: does the non-farm payroll report live up to the hype as being one of the most gamed economic data points for traders, or is it just another fully-discounted element of the econo-mosaic?  Certainly there’s elevated volatility due to the economic stakes involved, but even that has been dissipated somewhat with the scheduling of the APD report ahead of NFP.

I’ve always held that NFP has the ability to pivot the market.  This phenomenon is clearly illustrated in the first three quarters of 2010 when we had a real two-way market.

Friday is just around the corner.  Place your bets.

Click chart for a bigger version:

Disclaimer: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please click here for a full disclaimer.

blog comments powered by Disqus
Dynamichedge Blog