SPX came to the downtrend line, and the gap was left below. What other cryptocurrencies do you need to know, brother?

#BTC #SPX500

Weak employment data, GDP growth revised downward😿

Like many times in the past year, 'bad news is good news' once again for stocks as weaker ADP and a downward GDP revision was seen as a positive for equities, helping the S&P 500 notch a 4th consecutive day of gains. US ADP registered a gain of 177k vs 195k expected, though the previous month was revised upward from 324k to 371k. On the GDP side, Q2 growth was revised down to 2.1% from 2.4%, despite upward bumps in consumption and services spending. Larger downward revisions in business fixed investment, non-residential spending, and the pricing components were responsible for the downdraft.

#GDP #SPX500 #consumption #service #employment

Nvidia's stock price falls by nearly 10%, market cautiously awaits Jackson Hole meeting outcome🫣

Despite reporting blockbuster results, Nvidia round tripped nearly 10% from the overnight peak on profit-taking and apparent concerns into Jackson Hole today as the ugly August continues. The SPX is down 11 out of 14 trading days for a -4.8% MTD and the Nasdaq down nearly -7% since the end of July. Tech and consumer names dragged the SPX down by -1.4% on the day, with Nvidia dragging the former entirely into the red, and the latter struggling on further profit warnings as US consumers (finally) appear to be slowing down.

#Nvidia #SPX500 #Nasdaq #tech #consumer

SPX 500 Index . 1h .SP
Bearish Enjoy Guys 💸💰
#SPX500
5x leverage

TradFi markets came under-pressure with the S&P 500 selling off -0.8%

TradFi markets came under-pressure into the weekend as traders sold risk into illiquid summer Friday liquidity, with the S&P 500 selling off -0.8% with every single sub-sector in the red. The index saw its worst weekly close since March (-1.4%), though it’s coming off an incredible string of 5 consecutive weekly gains that was due for a pull-back sooner rather than later. Data-wise, manufacturing PMI data was disappointing in both the US and especially in Europe, and BoE’s 50bp hike on Thursday provided a stark reminder of the inflation headwind that Europe is still wrestling with.

#SPX500 #macro

📍This is the prediction on 3D TF after yesterday's closing.

👉A breakout is quite anticipated in any direction.

✅Some FUD appears,we are crashing bad.

✅Some more ETF appears, we are gonna ride to moon.

📍But anything except this two is just like rolling a dice.

👉Current strategy to be followed is "Pick-N-Choose" For alts, like we did JASMY.

✌More signals on the way, let US open take place, we are good to decide next play.

#MIC #BTC #SPX500 #Analysis

Rising interest rates suppress the stock market, with technology stocks leading the drop😿

The higher-for-longer narrative continued to weigh heavily on equities, particularly on high-growth sectors and unprofitable companies. Energy was the only SPX subsector to be in the green yesterday, with Tech (-1%) and consumers (-1.6%) leading the move lower yesterday. Citi's index of "unprofitable tech" index fell by -3.3% yesterday, while the Russell 2000 dropped for the 8th consecutive session to the lowest levels since July.

#interestrates #technology #stock #energy #SPX500

🚀 The #S&P500 is on a tear!

🔥 The index is up nearly 8.7% in November, making it one of the best Novembers on record.

🎢This rally comes after a strong October, and investors are hoping for more gains to close out the year.

#SPX #SPX500 #S&P500Rally #MarketRecovery