Ahpohhuathua
06-17

While the market continues to look bullish, it's important to lock in some profits at times. Invest when the market dips. This trend should continues for at least another quarter [Smile]  

Dow Drops 464 Points Ahead of Jobs Data — What Does Tonight's Print Need to Show?
U.S. stocks fell broadly Thursday — Dow −464 points (−0.85%), S&P 500 −0.18%, QQQ −0.37% — with Treasury yields and crude both higher. Everything points at July payrolls tonight (8:30 a.m. ET / 20:30 Beijing): consensus near 80,000 against June's 57,000, unemployment holding at 4.2%. The cooling evidence keeps stacking — ADP at 44,000, openings down, ISM services employment at 47.4. Gentle cooling with contained wages pulls yields lower and gives AI and semis valuation room; a hot print revives September hike bets. Tonight, watch the number or the wages?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment