Mike Zigmont, author of the Zigmont Report, is a partner at New York-based Harvest Volatility Management, a hedge fund with over $10B AUM, offering volatility management solutions to its investor base worldwide. Mike has been publishing his daily newsletter (Monday-Friday) privately for the firm’s investors and his personal contacts in the investment business
since 2008, sending shortly after the market close.
The opinions expressed below are my own
tomorrow
. Not that the nonfarm payrolls data (180k est vs 222k prior) will really shake up the world, but what the heck else are we going to look forward to?While the S&P fell small today the action was tame and it qualifies as noise. There’s nothing for us to extrapolate. Capital flow was about normal at 99%. Industrials led today (+0.5%) while energy lagged (-1.3%). So to summarize…. we moved just a little on average flow.
I wish there were something interesting to share with you here but there just isn’t.Tomorrow
we’ll cover the NFP print and any market reactions. I think we’ll check in on earnings season too. See youtomorrow
,-Mike
