I have said before that the market may enter a trend of large fluctuations, and the subsequent market is indeed the case.
And for a period of time, it was basically a super-low fluctuation, and it has only started to rise recently, but for the current rise, it is a short-term operation.
The main reason is that it is difficult to form a big trend. At present, there are basically not many events in June and July to drive the market, and the most concerned thing at the moment is still the US economy and inflation.
After experiencing the continuous unexpected CPI in the first quarter, the market began to suspect that inflation will rebound.
After the CPI came out in April and broke the logic of the rise, the market once entered a large rebound, and the rebound was also very good, but due to this rebound, coupled with the unexpected positive inflation in the data this time, the economy also fell into a slowdown phase.
After experiencing the continuous positive in May, the market once entered a weak stage.
I have also proposed a very important thing before, that is, we should pay attention to the economy of the old United States. If the non-agricultural data this time is still very much beyond expectations, then the market may suspect that there is something wrong with the economy. For the US stock market, it is worried that there will be problems with corporate profits, and it will also consider the possibility of recession. Then the market will enter a possibility of a correction, so for the current data.
If it is in line with expectations, it may only be volatile. (Why is it volatile? The main reason is that it takes funds and events to pull the market. At present, the time for large-scale volatility is not enough. It takes enough time to accumulate potential energy before it can go out of a larger market.) The second half of the year is the time when the presidential election is fierce. Before that, it is full of uncertainty. Therefore, the market will be so volatile with such uncertainty.
For the follow-up, it depends on whether the non-agricultural data meets expectations. Personally, I think this non-agricultural data is unlikely to bring too much market conditions to the market. It may only be a short-term fluctuation.