
JOBS REPORT UPSETS BULLS’ HOPIUM BUT THEY MIGHT NOT CARE, LAYOFFS HELP META AND AMAZON ADD $275B IN MARKET CAP
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Blowout Jobs Report And Earnings Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows a rally after a shallow pullback. The chart shows that the shallow pullback approached but did not penetrate the high band of the support zone. From a technical perspective this is a positive. The chart shows an attempt of a new breakout. This new breakout would have likely followed through if