Notice of Non-Farm Payrolls Tonight!
Leading indicators are weak: ADP 'small non-farm' added only 37,000 jobs in May (expected 110,000), the lowest since March 2023, with a noticeable contraction in service sector jobs.
If today's data is below expectations, it may trigger recession fears, leading to a peak in U.S. stocks.
Bitcoin is now highly correlated with U.S. stocks, be aware of the risks.
If you can't get a handle on it and are always chasing highs and cutting losses, feel free to chat. Like + leave a message, Brother Hu will help you get on board.
