Day 32: Rate Cuts + Nonfarm Payroll Data
What a dynamic day in the market! With fresh Nonfarm Payroll data showing a sharp slowdown in job growth to 12K (way below the expected 113K), it’s a signal that the economy might be cooling. This has stirred up the markets $S&P 500 Index (.SPX.US)$ , as investors now anticipate possible larger rate cuts from the Fed to support growth.
Check out the moves with the Magnificent 7 stocks – we’re seeing some strong action! 📈
• $Amazon (AMZN.US)$ & $NVIDIA (NVDA.US)$ leading with solid gains of +6.70% and +2.80% respectively, likely benefiting from the renewed rate-cut hopes!
• $Microsoft (MSFT.US)$ & $Tesla (TSLA.US)$ also in positive territory, adding nearly +1% each.
• $Meta Platforms (META.US)$ & $Apple (AAPL.US)$ saw minor declines, but the overall tech landscape is buzzing with energy.
• $Amazon (AMZN.US)$ & $NVIDIA (NVDA.US)$ leading with solid gains of +6.70% and +2.80% respectively, likely benefiting from the renewed rate-cut hopes!
• $Microsoft (MSFT.US)$ & $Tesla (TSLA.US)$ also in positive territory, adding nearly +1% each.
• $Meta Platforms (META.US)$ & $Apple (AAPL.US)$ saw minor declines, but the overall tech landscape is buzzing with energy.
🎉 New Position Alert:
Today diving deeper with $NVIDIA (NVDA.US)$ Call! currently rised to $3.84 with a diluted cost of $3.60, and already up +6.67%! 🚀 With Nvidia’s momentum and the rate cut possibilities on the horizon, this innovative move is looking bright.
Excited to see how the market unfolds with the Fed’s next move! Stay tuned for more updates, and let’s ride this wave together! 📊💥
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment