Futures are inching higher ahead of the jobs report

Futures are inching higher ahead of the jobs report

Futures are inching higher ahead of the jobs report

US stock futures are a bit higher but little changed as markets await the big jobs report for June that will be released shortly.

At 7:18 a.m. ET, Dow futures are up 38 points (0.21%), S&P 500 futures are up 5 points (0.26%) and Nasdaq futures are up 7 points (0.17%.)

Treasurys are little changed, with the yield on the 10-year note at 1.387%.

Stocks staged a late-day rally to close slightly negative on Thursday following strong labor-market data.

This short trading week, the S&P 500 is slightly down, by 0.23%. Last week was the best for stocks this year.

Gun stocks are taking off – a move we’ve seen following various shootings that gained major media attention.

Snipers shot 11 police officers and killed five in Dallas on Thursday near the end of protests against the fatal shootings of two black men by cops earlier this week.

Smith & Wesson shares are up 5.5% and near an all-time high pre-market, while Sturm, Ruger & Company is up 3%.

Crude oil is higher, following a 4% slump on Thursday that followed a smaller-than-forecast decline in weekly inventories. West Texas Intermediate crude futures in New York are up 1% to $45.62 per barrel, still near the lowest level in two months.

At 8:30 a.m. ET, economists anticipate that the Bureau of Labor Statistics will report job gains in June that outpaced the sluggish pace of the prior month. The consensus is for 180,000 nonfarm payrolls, and it’s possible that the May print of 38,000 gets revised upwards.

Source –
Futures are inching higher ahead of the jobs report

About (Alan Gavornik)

Alan Gavornik is a business leader, innovator and entrepreneur with over 32 years of real life, hands on experience in achieving results. He helped to grown many small business.  His multi skill sets include both start-up and growth stage business development, capital formation, and exit strategies with a strong emphasis on strategic sales growth through product development, market alignment and innovative distribution strategies. Most recently, he co-founded, built, and sold the financial technology company Concord/Concord Technology Services to LPL Financial (NASDAQ LPLA). Following this success, he has turned his experience and energies to helping other entrepreneurs and companies achieve meaningful growth and bottom line results. Alan’s client engagements include consulting, business coaching, and portfolio investments.

 

cropped-img_8174-crop-3.jpg

 

In early 2015 he further leveraged his 32 years of practical experience by establishing an elite global network of highly skilled and successful consultants, business coaches, and corporate trainers. This affiliation brings both collaborative opportunities as well as access to world class corporate training content, highly specialized consulting curriculum, and thought leadership.

Alan’s expertise is in the following areas;
• Strategic Business Development
• Sales and Revenue Growth
• Capital Financing
• Product Development and Distribution
• Exit Strategies
• Effective Leadership Skills

In addition to his practice in helping businesses and entrepreneurs, Alan is committed to the prudent application of the successful business models and principals of the private sector to those of the philanthropic and public sector markets. His consulting, coaching and training services to the non-profit community are delivered on both a discounted basis as well as through a host of pro bono engagements.

Experience

Founder, Managing Director
G5 Capital Holdings LLC
January 2014 – Present (2 years 4 months)

G5 Capital was founded to mentor growing companies and business owners through consulting and coaching engagements in the areas of start-up and growth stage business development, capital formation, strategic sales growth, and exit strategies. The company further deepens select relationships through both direct and indirect investments in targeted portfolio opportunities. Our approach to all engagements is to leverage business opportunities with our decades of experience, proven business strategies and network of seasoned business professionals.

Founder, Managing Director
Focal Point of Greater NJ
May 2015 – Present (1 year)

Established Focal Point of Greater New Jersey as an affiliation with Focal Point to leverage three decades of practical personal experience. Focal Point, an elite global network of highly skilled and successful business coaches, consultants and corporate trainers provides both collaborative opportunities as well as access to world class corporate training content, business coaching curriculum, and thought leadership.
Alan’s expertise is in the following areas;
• Strategic Business Development
• Sales and Revenue Growth
• Capital Financing
• Product Development and Distribution
• Exit Strategies
• Effective Leadership Skills

In addition to his practice in helping businesses and entrepreneurs, Alan is committed to the prudent application of the successful business models and principals of the private sector to those of the philanthropic and public sector markets. His consulting, coaching and training services to the non-profit community are delivered on both a discounted basis as well as through a host of pro bono engagements.

Experience

    Founder, Managing Director
    G5 Capital Holdings LLC
    January 2014 – Present (2 years 4 months)

G5 Capital was founded to mentor growing companies and business owners through consulting and coaching engagements in the areas of start-up and growth stage business development, capital formation, strategic sales growth, and exit strategies. The company further deepens select relationships through both direct and indirect investments in targeted portfolio opportunities. Our approach to all engagements is to leverage business opportunities with our decades of experience, proven business strategies and network of seasoned business professionals.
    Founder, Managing Director
    Focal Point of Greater NJ
    May 2015 – Present (1 year)

Established Focal Point of Greater New Jersey as an affiliation with Focal Point to leverage three decades of practical personal experience. Focal Point, an elite global network of highly skilled and successful business coaches, consultants and corporate trainers provides both collaborative opportunities as well as access to world class corporate training content, business coaching curriculum, and thought leadership.
    Co-Founder, Executive Managing Director
    American Capital Acquisition Partners LLC
    October 1996 – Present (19 years 7 months)

Co-founder of this financial holding company focused on purchasing, developing, and managing small to mid-size companies in the financial technology industry.
    LPL Financial
    Senior Vice President
    LPL Financial
    June 2011 – December 2013 (2 years 7 months)

Following the successful sale of Concord/CTS to LPL Financial, served as the Divisional Head for integrated wealth management solution development for banks, trust companies, and related bank owned investment divisions

Led corporate, sales, and training integration efforts following the acquisition of Concord-CTS by LPL Financial

Collaborated with LPL senior leadership team regarding product development and sales initiatives for banks and trust companies.

Established and lead training program of LPL personnel in the areas of integrated wealth management solutions for bank trust companies