Friday morning NFP

Market reaction will be exciting to trade after 8:30.

What a rollercoaster -- market was trending down, then pivoted up last few days, then today selloff on FB miss, then afterhours rally today on AMZN. Gotta love the volatility!

As usual, I'll trade inverses UVXY TZA SQQQ if bearish reaction, or SOXL if bullish.

Any other trade ideas?

 

Something else to consider from early today. Seems many have no faith in US to raise. I would remind, US is not an island, NFP may not be enough to clean up the writing on the wall.

BoE hikes rates to fight inflation, but not by enough for 4 officials

https://www.reuters.com/business/bank-england-hikes-rates-clamour-contain-inflation-2022-02-03/

 

Short UVXY, Long SVXY.

 

If you want to play small caps there are TNA (3X long) and TZA (3X short).

 

Euro up 3% against USD since Friday low.
It dumped after FOMC then recovered ++

 

Its going to a be a bumpy one for sure lol i think it is also coming from liquidity coming back to the market from the Christmas break and things settling down in some parts of the world with Covid

 

Will be trading WEBS

Like I mentioned sell each and every Rally you can
Tomorrow morning is a gift for those who went long today.


Sell rallies

 

uvxy+

 

tza+

 

Given futs flip from green last night to red this am, bearish bias here for now.
I'll buy UVXY TZA ahead of nfp if they trend up