Sunday, October 10, 2021

Watch this industry closely

These stocks could be on the rise
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Hey There,

There's one fascinating trend from the recent job numbers that we should watch closely.

It's not enough to figure out how many jobs we gained or lost.

You need to pay attention to where we gained jobs.

And in this case, that could give you an interesting insight to stocks that might move in the future.

Check this out.


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Look at this graph of where we gained and lost jobs over the last month:
The large job loss in government jobs has a lot to do with public school teachers, sadly, as some districts are not reopening.

But look at the top of the chart:

Leisure and hospitality gained huge numbers of employees!

That is important for traders: it's a great sign for the overall health of travel and leisure stocks.

I've talked about one of my favorite leisure stocks, which is DKNG, recently.

But travel stocks are ones you should pay close attention to as well.

These include airlines, hotels, maybe even companies like AirBNB.

Of course, this job growth coincides with the end of the peak travel season.

But my guess is after the last year, people will take any excuse to travel, no matter the season.

Anyway, just wanted to point out this trend in case it became something we could trade!

Happy trading,

Markay


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