Expectations for November’s nonfarm payroll report, scheduled to be released Friday morning, are right around 200,000 net new jobs. Today’s ADP Employment report estimated 190,000 new private sector jobs which is in line expectations for Friday’s report. Over the past 16 years, the market has responded favorably to November’s report released in December. Over the last 16 years DJIA, S&P 500, Russell 1000 and Russell 2000 have all advanced more than 60% of the time with average performance ranging from 0.15% by NASDAQ to a 0.46% by the Russell 2000 small-cap index.

Read this article in its original format at AlmanacTrader.com

MrTopStep Group

Questions: info@mrtopstep.com

Follow Us On Facebook and Twitter For More Intra-Day Market Updates!
https://twitter.com/MrTopStep (@MrTopStep)

Dont Forget To Subscribe To Our YouTube Channel!
Sign Up Here: http://www.youtube.com/mrtopstepgroup

The post December Jobs Report Day: Russell 2000 Up Nine Straight appeared first on MrTopStep.com.