Dow Jones and SPY 06.02.2023
Good morning...Nonfarm payroll came out extremely positive. Twice better than expected. The unemployment rate rose only to 0.2% basis points. Which conceals all positive growth during last 3 months and positive economical data. I mean there is no point of discussing that US economy have positive economic data and growth. Labor market is strong and sustainable to any recession kind moves or bad impact. I told you yesterday that Debt discussion is only bait. Poor Bears got into big bear trap on Monday. Which will empower most of the market and stocks that i own. Debt default averted. I mean guys if we will still concentrate on negativity the profit will pass us by. So i've opened today and will hold over the weekend or will close today if it will be rally. Stay tuned.
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