SPDR S&P 500 ETF Stock Discussion

The US added a lower-than-expected 146,000 jobs in November - missing estimate of 166,000.
This provides further evidence that the labour market is softening.
Looks like an another rate cut is on the card.
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$SPDR S&P 500 ETF (SPY.US)$ The Bulls have spoken! another green day is coming

$SPDR S&P 500 ETF (SPY.US)$
let's see if we can push to 607.47 / 608.44 before a pull back - RSI needs to reset which means a pull back or consolidation before deciding to aim at 611.61 or continue to break down.
604.42 / 605.1 is a support key area, below that SPY will head to 603.35.

$SPDR S&P 500 ETF (SPY.US)$ I have a long call until next year to see how we finish the year lol , while I'm hedged using the Vix

The stock market has been on a solid run and rally since the US presidential election.
Since the 5 Nov’s voting day, the S&P 500 has climbed 4.6% and the Nasdaq has surged about 5.7%.
Investors are going on full risk-on mode with lots of factors supporting their bullish sentiment - inflation trending down, cutting of interest rates and solid earnings from companies.
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$SPDR S&P 500 ETF (SPY.US)$ - YouTube