How the Stock Market Will Trade This Week

Posted on Tuesday, May 31, 2022 at 8:18 PM

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Dan Passarelli, CEO - Market Taker Mentoring

Usually it's hard to predict how the stock market will trade this week in any given week. But I think it's reasonable to expect this this week the stock market will be quiet. There are not a lot of financial data being released until Friday. Friday is the big day for stock investors because that is when the Employment Situation is released. We'll get a look at non-farm payrolls and the unemployment rate broken down by different market sectors. These data will affect how the Federal Reserve Bank affects policy. Whether they raise or lower interest rates and by how much. These changes will affect the inflation rate as well as the prospects for an economic recession. It's a big day. So we're not likely to see much stock trading action until Friday.

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