To The Moon

58% gain from taking calls and puts within 60 mins from open on Thursday. Day trading can be rewarding if we manage our risk and keep our position sizing in check. ⚠️ Trading tips: Looking at QQQ calls above 359.3 and puts below 357.59 on Friday. Let’s trade the NFP news and keep it green to enjoy the weekend! Get ready for action after much consolidation Among the data investors will scrutinize are the non-farm payrolls (NFPs), which serve as an indicator of the rate of new job creation during the month. This data point, along with inflation, holds significant sway over the Federal Reserve’s decision-making process on interest rates. Investors are anticipating a decline in NFPs from 187,000 in August to 170,000 in September. Such a figure would represent a softening from the prevailing trend of monthly new job additions, which has averaged 194,000 over the past six months and 257,000 over the course of the past year. In addition to the NFPs, investors will be closely monitoring the unemployment rate, which is expected to decrease from 3.8% to 3.7%, and the year-on-year increase in hourly wages, forecasted to remain stable at 4.3%. Watch the Treasury yields too The employment market report holds the power to exert a profound influence on markets. Should the NFPs surpass expectations and hourly wages demonstrate a stable or higher-than-expected uptick, concerns about further interest rate hikes may escalate. Conversely, a more pronounced cooling in the labor market could lead market participants to anticipate that the Federal Reserve will maintain its current stance, at least until the upcoming meeting. As it stands, market-implied probabilities assign an 80% likelihood to the Federal Reserve keeping interest rates unchanged at the Nov. 1 meeting. Buy call Buy call 1 Buy put Buy call 2 Technology stocks are highly sensitive to Federal Reserve rate expectations, and as witnessed recently, rising Treasury yields have had a detrimental impact on the performance of the Nasdaq 100. Bulls of QQQ are hoping for a weaker-than-expected NFPs report. The Bureau of Labor Statistics will release the highly-anticipated September jobs report on Friday at 8:30 am. Please click Like 👍, Comment 💬 & Repost 🔄 this article found at the bottom of your screen. Follow me for the latest news, trading ideas & strategies to ride the market daily with profits! 🤑$Invesco QQQ Trust-ETF(QQQ)$ @CaptainTiger @MillionaireTiger @TigerStars @Daily_Discussion @koolgal @KylerLee @Aqa @Andreana