Pre-Jobs – MarketTells.com

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The S&P500 touched a new all-time high early Thursday. That sets the stage for a flat-to-up day on Friday. Below are the last 30 times SPX hit a 40-day high (intraday or end-of-day) one day before the employment report. 24 out of 30 (80%) led to a higher close on the day of the report, a solid edge over the 55% random odds. 0.5% moves were 14-2…

SPX 40-day High (Intraday or EOD) Prior to Employment Report
07/01/21… S&P500 ??? next session
04/01/21… S&P500 +1.4% next session
02/04/21… S&P500 +0.4% next session
01/07/21… S&P500 +0.6% next session
12/03/20… S&P500 +0.9% next session
08/06/20… S&P500 +0.1% next session
02/06/20… S&P500 -0.5% next session
01/09/20… S&P500 -0.3% next session
10/31/19… S&P500 +1.0% next session
07/03/19… S&P500 -0.2% next session
04/04/19… S&P500 +0.5% next session
01/04/18… S&P500 +0.7% next session
11/02/17… S&P500 +0.3% next session
10/05/17… S&P500 -0.1% next session
06/01/17… S&P500 +0.4% next session
05/04/17… S&P500 +0.4% next session
06/02/16… S&P500 -0.3% next session
03/31/16… S&P500 +0.6% next session
03/03/16… S&P500 +0.3% next session
12/04/14… S&P500 +0.2% next session
11/06/14… S&P500 +0.0% next session
09/04/14… S&P500 +0.5% next session
07/02/14… S&P500 +0.6% next session
06/05/14… S&P500 +0.5% next session
04/03/14… S&P500 -1.3% next session
03/06/14… S&P500 +0.1% next session
11/07/13… S&P500 +1.3% next session
10/21/13… S&P500 +0.6% next session
08/01/13… S&P500 +0.2% next session
05/02/13… S&P500 +1.1% next session
03/07/13… S&P500 +0.5% next session