All It took was a little news. "The market was holding steady
near the highs of the day until a headline hit shortly before 1:00
p.m. ET. Specifically, The Information is reporting that Alphabet's
Google is going to pause hiring for two weeks. This report comes
just a few days after Bloomberg reported that Apple will slow
hiring and spending for some divisions next year as it prepares for
a potential downturn."
Posted by elementsix on 20th of Jul 2022 at 01:42 pm
SPY - pretty bang on symmetry moves there and and then a bounce.
Considering the move over the last week, that hesitation was a blip
down so far. Pause that refreshes?
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All It took was a
Posted by EdZ on 20th of Jul 2022 at 01:12 pm
All It took was a little news. "The market was holding steady near the highs of the day until a headline hit shortly before 1:00 p.m. ET. Specifically, The Information is reporting that Alphabet's Google is going to pause hiring for two weeks. This report comes just a few days after Bloomberg reported that Apple will slow hiring and spending for some divisions next year as it prepares for a potential downturn."
Two weeks? That's not much
Posted by mastermind on 20th of Jul 2022 at 02:04 pm
Two weeks? That's not much of a pause. MU just announced a hiring pause of indefinite length.
Ugly candle for markets today
Posted by fundamentalvalues on 20th of Jul 2022 at 01:19 pm
Ugly candle for markets today unless they somehow reverse it.
SPY - pretty bang on
Posted by elementsix on 20th of Jul 2022 at 01:42 pm
SPY - pretty bang on symmetry moves there and and then a bounce. Considering the move over the last week, that hesitation was a blip down so far. Pause that refreshes?