High volatility arrives Tuesday (tomorrow) at 10:00 am with ISM Services PMI. ADP Employment follows Wednesday (in 2 days) at 8:15 am, preceding Friday’s critical Nonfarm Payrolls at 8:30 am. Fed speakers like Williams today on Monday at 12:50 pm keep markets alert. Social media is focused on Friday’s NFP for deviations. A beat likely strengthens the USD and pressures growth stocks, while Tuesday’s ISM data will dictate near-term FOMC sentiment.
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Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.