In last week’s NFP (non-farm payroll) report, the US added 517,000 jobs in January, higher than expected and pushing the unemployment rate down to 3.4%, its lowest since 1969. Job growth was revised higher for November and December, adding an additional 71,000 jobs. The strong job growth may not be welcomed by the Federal Reserve, […]
The Federal Reserve recently raised its interest rates by a quarter point, signaling that more rate increases are on the horizon. Despite this stance, investors are betting on only one more quarter-point increase, with some suggesting that the Fed may even cut its target range back to its current level by the end of next […]
NFP stands for Non-Farm Payroll. It is the monthly count of how many jobs the US economy added or lost, published by the US Bureau of Labor Statistics (BLS) in a report called the Employment Situation. It counts almost every paid job in the country, government jobs included, and leaves out farm workers, the self-employed and people employed by private households.
Fortune’s Formula by William Poundstone: the Kelly Criterion, and How Traders Actually Use It Last updated: 3 July 2026 · By Spencer Li, CFTe Fortune’s Formula by William Poundstone is the story of the Kelly criterion, a formula that tells you how much of your money to bet on a single opportunity to grow your […]
Forex Price Action Scalping by Bob Volman: Book Summary and Review Last updated: 3 July 2026 · By Spencer Li, CFTe “Forex Price Action Scalping” by Bob Volman is a practical, no-fluff manual for trading forex on very short timeframes using raw price action, no lagging indicators, on a tight bid-ask spread. It is best […]
