Today, Friday, brings critical Nonfarm Payrolls and Retail Sales at 8:30 am EST. In 5 days, Wednesday CPI data at 7:30 am EST will spark volatility. In one week, next Friday, Core PCE and GDP arrive at 7:30 am EST. Traders should monitor $SPY and the 10-year yield closely. These prints will dictate the Fed's rate trajectory, so prepare for sharp moves during the 8:30 am EST labor and retail data dump today.
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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.