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šØšŗšøWALL STREET RALLIES ON #STRONG JOBS DATA, TRADE HOPES
MARKETS SURGE:
š¹#Dow +0.87%, S&P 500 +1.07%, Nasdaq +1.24%
š¹#S&P 500 nears longest winning streak in 20+ years
JOBS BEAT EXPECTATIONS:
š¹April nonfarm payrolls: +177,000 jobs
š¹Unemployment steady at 4.2%
TARIFF TENSIONS EASE:
š¹Beijing "evaluating" U.S. offer for talks on 145% China tariffs
š¹Markets buoyed by hopes of a trade truce
CORPORATE MOVES:
š¹#Apple falls 3.9%: $900M tariff hit, trims buyback by $10B
š¹#Amazon dips on weak forecast
š¹Take-Two down 6.5%: GTA VI delayed to May 2026
š¹Block slumps 21% after profit cut
INVESTOR SENTIMENT STRONG:
š¹Advancers lead decliners 3.9-to-1 (NYSE), S&P posts 10 new 52-week highs
-Reuters
MARKETS SURGE:
š¹#Dow +0.87%, S&P 500 +1.07%, Nasdaq +1.24%
š¹#S&P 500 nears longest winning streak in 20+ years
JOBS BEAT EXPECTATIONS:
š¹April nonfarm payrolls: +177,000 jobs
š¹Unemployment steady at 4.2%
TARIFF TENSIONS EASE:
š¹Beijing "evaluating" U.S. offer for talks on 145% China tariffs
š¹Markets buoyed by hopes of a trade truce
CORPORATE MOVES:
š¹#Apple falls 3.9%: $900M tariff hit, trims buyback by $10B
š¹#Amazon dips on weak forecast
š¹Take-Two down 6.5%: GTA VI delayed to May 2026
š¹Block slumps 21% after profit cut
INVESTOR SENTIMENT STRONG:
š¹Advancers lead decliners 3.9-to-1 (NYSE), S&P posts 10 new 52-week highs
-Reuters
šØNext #FOMC meeting is in 5 days - 96.6% of interest rate traders believe there will be no rate change
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According to dow theory we have 3 main periods in the market
1: accumulation phase (consolidation of goods)
2: trend phase (price push)
3: Over-threshold stage (profit taking)
Currently we are at the end of phase 1 and beginning of phase 2. In my opinion, in just a few months we will start phase 2. A series of good news has been pumped out, interest rates have decreased, and the halving is also affecting us. enjoy more clearly.#xuhuong #bitcoin #halvingBTC #dow $BTC
1: accumulation phase (consolidation of goods)
2: trend phase (price push)
3: Over-threshold stage (profit taking)
Currently we are at the end of phase 1 and beginning of phase 2. In my opinion, in just a few months we will start phase 2. A series of good news has been pumped out, interest rates have decreased, and the halving is also affecting us. enjoy more clearly.#xuhuong #bitcoin #halvingBTC #dow $BTC
What stage are we in the market???
Currently, BTC has been halved for about 1 month. BTC price has also broken the old peak of 2021 and corrected. With many years of experience in the market, I clearly feel that we are at the beginning of the price increase phase. So why has BTC broken its 2021 peak but is it only at the beginning of its price increase? I will have an article explaining this issue more clearly. Flow to receive signals and advice when participating in this risky market. $BTC $ETH $BNB #EarnFreeCrypto2024 #binance #btc
Currently, BTC has been halved for about 1 month. BTC price has also broken the old peak of 2021 and corrected. With many years of experience in the market, I clearly feel that we are at the beginning of the price increase phase. So why has BTC broken its 2021 peak but is it only at the beginning of its price increase? I will have an article explaining this issue more clearly. Flow to receive signals and advice when participating in this risky market. $BTC $ETH $BNB #EarnFreeCrypto2024 #binance #btc
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