Market Response to Last 15 Non-Farm Payroll Reports Negative

Economists are looking for a decline of 50,000 jobs in today's Nonfarm Payrolls report. Below we highlight a table of report days since the start of 2007.

As shown, the average report has come in weaker than expected by 10,000 jobs over the last 15 reports. The S&P 500 has averaged a decline of 0.33% on these days. So far this year, we've had three worse than expected reports, two down days and one up day.

Comments

[ari5000]

Bernanke boys about to change history today...

Worse than expected = 200 points on the Dow.

Welcome to the New World Order. Wall Street loves a recession.

2008 Apr 04 08:13 AM

[Bespoke BullSh*t]

I still fail to understand the point of most of your "research pieces", this one included. What are you trying to say? That one should sell the market because of the non-farm payrolls numbers being published? I am short the market but not because it's Friday and non-farms are coming out, so I'm not trying to argue against or in favor of being short or long. It your extremely superficial methods I'm trying to argue against.

You keep posting "statistical research" with data from 1,2-5 years. In this case 13 months. It is entirely meaningless so please stop it. 13 months of data in decades of market existence is absolutely meaningless.

2008 Apr 04 11:52 AM