- Market Navigator
- Posts
- Worst ADP since ’23 tees up the Fed 🏌️
Worst ADP since ’23 tees up the Fed 🏌️
And I’m tracking a setup that keeps delivering
Live TOMORROW: Chief Crypto Educator, Jorge Guinovart
🪙Meme coin expert will share his top ideas right now & teach people how to trade them
Thurs 12:30pm EST
Good evening Folks, Jeff Bishop here.
A lousy ADP jobs report and the government shutdown weren’t enough to stop the major indexes from closing in the green today.
The shutdown will last at least until Friday when the Senate convenes again, but investors seem confident it will be short-lived.
We probably won’t be seeing the monthly jobs data from the BLS that was due this Friday, so that makes the ADP report — which showed a loss of 32,000 private-sector jobs in September — that much more significant.
Economists had been expecting a 45,000 job gain, but instead we got the worst ADP reading since March 2023.
That’s terrible news for the economy, of course, but it is teeing up the Fed for another rate cut, potentially at its meeting later this month.
If you want a job in the future, my advice is to make friends with our new AI-powered robo-overlords. They are already making a big dent in the job market.
In the meantime, today’s “tactical trade” idea held strong and closed the session near the high of the day, up 7%.
It wasn’t a home run, but it was certainly a clean base hit, and those can add up faster than people realize.
It was a relatively slow-moving stock today too, which made it much easier to spot good entries and exits, if that is your sort of thing.
Looking ahead to tomorrow, I’m eyeing a setup that’s been pure gold this year…
Every day I’ve alerted it, it’s delivered double-digit intraday moves — 8 for 8 in 2025.
Do you think I know this stock??
The company has put out some solid press releases over the past few weeks, including the announcement of a multimillion-dollar grant from the National Institutes of Health.
They don’t pass those out like Halloween candy, folks.
The stock had a really nice jump today and I’m watching to see where that momentum takes it.
📫Tune into your email inbox around 9am ET tomorrow to see what I’m excited about.
To Your Success,
Jeff Bishop
Questions or concerns about our products? Contact [email protected] / 1-800-380-7072
DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at https://ragingbull.com/disclaimer.
*Sponsored Content: If you purchase anything through a link in this email other than RagingBull (RB) services, you should assume that we have an affiliate relationship with the company providing the product that you purchase, and that we will be paid in some way. RB is not responsible for any content hosted on affiliate’s sites and it is the affiliate’s responsibility to ensure compliance with applicable laws. We recommend that you do your own independent research before purchasing anything. While we believe in the companies we form affiliate relationships with, please don’t spend any money on these products unless you believe they will help you achieve your goals.
FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision.
RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, trading results of third parties have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment.
RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor(IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization.
WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication.
In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled.