It’s something we have not seen for the entire August.
The rally that took place on Tues was likely because economic data are showing that economy could be slowing as job openings have declined.
This is an example of “bad news is good news”. Why so? Weakness in economic results may translate to lesser rate hikes from Fed, and also lesser upward pressure on yields. These are all good news for the stock market.
OceansWave
:
NVDA might rally through 500 today depending on the economic data which are scheduled to be released today and the next 2 days.. these economic data can make or break the market so we gotta see
魔群月光 : Because there's no Hades Powell this week
Riding Star : To be continue up this week
OceansWave : NVDA might rally through 500 today depending on the economic data which are scheduled to be released today and the next 2 days.. these economic data can make or break the market so we gotta see
0090 魔群月光 : Haha mice
Cow Moo-ney OP 魔群月光 :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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Ultratech : shorted markets squeeze