Posted by DigiNomad on 5th of Jan 2024 at 11:21 am
Per Bloomberg - the employment component that was weak is
seasonal (hiring for the holidays happens in November, etc).
Further, according to them, it was stronger than the same
number last year. So....
I'm pretty sure the market just wanted to rally. I posted
about the trap setup at the close yesterday. Perfect plus
Matt's signal.
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Per Bloomberg - the employment
USA ISM Non-Manufacturing PMI For December 50.6 Vs 52.6 Est.; ...
Posted by DigiNomad on 5th of Jan 2024 at 11:21 am
Per Bloomberg - the employment component that was weak is seasonal (hiring for the holidays happens in November, etc). Further, according to them, it was stronger than the same number last year. So....
I'm pretty sure the market just wanted to rally. I posted about the trap setup at the close yesterday. Perfect plus Matt's signal.