Large or small non-farm, which do you believe?
The large and small non-farm data are always contradictory. ADP was unexpectedly low on Wednesday, and today the large non-farm exploded.
Anyway, I believe in ADP, after all, ADP has no reason to falsify. The layoffs of large companies have already spread from the technology industry to various industries, and the economy is on the verge of recession. The expansion of small companies is fragile and can turn around at any time.
As for the stock market, I estimate that it will bottom out and rebound, with the bottom being around 4100 points. As long as the economy doesn't collapse, it's difficult for the stock market to fall below 4000. However, I believe that an economic collapse is inevitable, probably at the end of 2024, still one year away. It may be too early to liquidate the stock market now, but risk-free returns are indeed attractive. Large funds earn interest and protect their principal. Play stocks with a small position for some excitement. Wait for the rate cut and then plunge in isn't a bad idea. If the economy really crashes at the end of next year, we can wait for the large cap to bottom out at 3000 points in 2025.
$Tesla (TSLA.US)$ I'm just playing the swing, buying low and selling high. I think the buying opportunity is coming again. In addition, I have reduced my position. $Alphabet-C (GOOG.US)$ , wait $Apple (AAPL.US)$ and duckduckgo, let's exclude the risk and then talk about it. Let's avoid it for now.
$Coca-Cola (KO.US)$ $PepsiCo (PEP.US)$ Suddenly collapsed yesterday, they said it was caused by weight loss drugs, I really don't believe it. But I think it might be because it was too expensive to buy, which suppressed the demand. I was worried about this issue before, the price of Coke has doubled compared to before the epidemic, and I can't buy it anymore. But I thought Americans would still continue to buy, so the company should make more money. I think I overestimated the purchasing power of Americans, now it seems that Americans really don't have money, it's normal to drink less Coca-Cola.
resulted in the collapse of the entire $Consumer Staples Select Sector SPDR Fund (XLP.US)$
I bought xlu and xlp some time ago, and one by one they all collapsed, I![]()
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However, xlp are all high-quality companies, leading $Procter & Gamble (PG.US)$ absolutely good companies with low volatility. Not like nee that's mixed with 💩. So I'm not selling for now. Let's see if Coke will stop falling.
Could it be true that the Rose Tribe really stopped drinking cola? I really don't believe it's the magic effect of diet pills, I think it's because the economy is about to collapse. But my opinion may be wrong.
What do you think?
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本人散户，闲钱投资，名字为系统生成。这里记录投资感悟与趣事。所有言论都纯属娱乐，不是投资建议。此账号为本人唯一社媒平台。
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高贵的阿德莱德 OP : If you don't think you want to buy Cola for health reasons, you should also choose the option of diet pills, thank you!
天真 : I think there's no problem with either data. Dafei agriculture is in the service industry. It could be restaurant service workers. It's not a high-paying job at a big company. Everyone has no savings; they all work part-time, and it's normal for them to have a high level of employment.
天真 高贵的阿德莱德 OP : I don't have any money anyway. Quit traveling and snacking first
decisive Beaver_4398 : I thought coke is a necessary? Just that I don’t store so much nowadays due to price increase.