My NFP win
So the last NFP was very strong at 339k new jobs added so I have a consensus for sells on Nasdaq at 14:30 SAST and here’s why:
U.S. Job Growth: If job growth has indeed picked up, this could be a positive signal for the NASDAQ. Increased hiring often indicates that businesses are confident in the economic outlook and are expanding, which can lead to increased corporate profits and potentially higher stock prices.
Asian Stocks and U.S. Jobs Data: If Asian stocks are performing well due to strong U.S. economic data, this could potentially have a positive spillover effect on the NASDAQ. Investors often look at global market trends when making investment decisions, and strong performance in one market can sometimes boost investor sentiment in other markets.
Dollar Strength and Federal Reserve Comments: The strength of the dollar can have various impacts on the NASDAQ. A strong dollar can make U.S. exports more expensive, which could potentially hurt companies in the NASDAQ with significant overseas sales. However, a strong dollar can also be a sign of confidence in the U.S. economy, which could be positive for the NASDAQ. Additionally, comments from the Federal Reserve about potential inflation risks and an earlier stimulus taper could impact investor sentiment and cause volatility in the NASDAQ.
We took a massive trade profit on Nasdaq and Gold
U.S. Job Growth: If job growth has indeed picked up, this could be a positive signal for the NASDAQ. Increased hiring often indicates that businesses are confident in the economic outlook and are expanding, which can lead to increased corporate profits and potentially higher stock prices.
Asian Stocks and U.S. Jobs Data: If Asian stocks are performing well due to strong U.S. economic data, this could potentially have a positive spillover effect on the NASDAQ. Investors often look at global market trends when making investment decisions, and strong performance in one market can sometimes boost investor sentiment in other markets.
Dollar Strength and Federal Reserve Comments: The strength of the dollar can have various impacts on the NASDAQ. A strong dollar can make U.S. exports more expensive, which could potentially hurt companies in the NASDAQ with significant overseas sales. However, a strong dollar can also be a sign of confidence in the U.S. economy, which could be positive for the NASDAQ. Additionally, comments from the Federal Reserve about potential inflation risks and an earlier stimulus taper could impact investor sentiment and cause volatility in the NASDAQ.
We took a massive trade profit on Nasdaq and Gold
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