🚨 NFP CAME IN WEAK BULLISH FOR $SNDK AND $MU 📈
🇺🇸 US NFP: -23K
📊 Forecast: +85K
Jobs data came in far below expectations, signaling weakness in the US labor market.
A weaker labor market can increase expectations for Fed rate cuts 💵⬇️
And lower rates are generally positive for growth & tech stocks, which could be bullish for $MU 🚀
📌 NFP Weak → Rate Cut Expectations ↑ → Potentially Bullish for SNDK
LONG NOW
#SNDK #MU
🇺🇸 US NFP: -23K
📊 Forecast: +85K
Jobs data came in far below expectations, signaling weakness in the US labor market.
A weaker labor market can increase expectations for Fed rate cuts 💵⬇️
And lower rates are generally positive for growth & tech stocks, which could be bullish for $MU 🚀
📌 NFP Weak → Rate Cut Expectations ↑ → Potentially Bullish for SNDK
LONG NOW
#SNDK #MU