share_log

AI Stocks Ripping, Barn Burner Jobs Report - Could Powell Be Wrong?

Benzinga ·  00:05

To gain an edge, this is what you need to know today.

big

Barn Burner Jobs Report

Please click here for an enlarged chart of S&P 500 ETF (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX).

Note the following:

  • The chart shows that the stock market is rallying on the jobs report.
  • The chart shows that the stock market is above the support/resistance zone.
  • The just released jobs report is a barn burner. The report is a lot stronger than the consensus. Here are the details of the jobs report:
    • Nonfarm payrolls came at 254K vs. 135K consensus.
Login or create a forever free account to read this news
Sign up/Log in
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment