GO
Loading...

Jobs Number Playbook

Thursday, 4 Oct 2007 | 9:11 PM ET

Stocks meandered this week because investors were reluctant to make a move before the big jobs report Friday. What's the trade as the big number hits?

Following are three scenarios you might find yourself in Friday morning and how to trade

Jobs Number Playbook
Awaiting tomorrow's employment numbers, with the Fast Money crew.

Jobs Number: In-Line (+100k)
Consumer Stocks - Neutral
Financial Stocks - Good
Commodity Stocks - Good

Jeff Macke says if the jobs number comes in around 100K stay the course in consumer stocks. It also means the Fed will likely cut rates.

Tim Seymour thinks this scenario is good for banks and commodities.

Jobs Number: Strong (+150k)
Consumer Stocks - Good
Financial Stocks - Bad
Commodity Stocks - Bad

Dylan Ratigan explains under this scenario a rate cut is much less likely.

Tim Seymour explains commodities stocks rallied on the belief that easing is here to stay. A strong jobs numbers puts that in jeopardy.

Jeff Macke says a strong jobs number is needed for a strong Holiday sales in retail.

Jobs Number Weak (0 Or Negative)
Consumer Stocks - Very Bad
Financial Stocks - Neutral
Commodity Stocks Bad

Tim Seymour says a job contraction for the second month in a row could suggest a trend.

______________________________________________________
Got something to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to fastmoney@cnbc.com.

Trader disclosure: On Oct 4, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Macke Owns (ATI); Najarian Owns (ENER), (RIMM): Finerman Owns (COV), (GS),: Finerman's Firm And Finerman Own (HD): Finerman's Firm Owns (JNJ), (PSS), (KSS), (BEAS), (BWS), (COP), (NYX), (NMX), (VMSI): Finerman's Firm Owns S&P 500 Puts: Finerman's Firm Owns Russell 2000 Puts; Seygem Asset Management Owns (AA), (VIP), (GLD): GE Is The Parent Company Of CNBC

Featured

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET
  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

  • Scott Wapner is host of the "Fast Money Halftime Report," which airs weekdays from 12 p.m. to 1 p.m. ET.

  • Guy Adami is a contributor on CNBC's "Fast Money." He also is managing director of stockMONSTER.com.

  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

Halftime Report