#canusstocksreboundafternonfarmpayrolls?
📊 NFP just crushed forecasts — but stocks aren't cheering.
October payrolls: +165K vs ~65K expected (Reuters poll). Unemployment fell to 4.1% (exp. 4.2%). Wages +0.4% m/m, 3.1% y/y. Aug/Sep were revised up by a combined 84K.
⚡ Market reaction: Nasdaq 100 futures held a ~1.4% gain, S&P futures faded, Dow futures fell ~1%. CME FedWatch put a December hike at ~77%, up from ~68% before the data.
🧠 My read: it's "good news = bad news." Thursday's Nasdaq -5.5% rout was about AI/data-center fears, not jobs. A hot labor market keeps the Fed focused on inflation, so higher yields can cap a tech rebound.
₿ For crypto: BTC hovered near $76K after the print, so macro still drives the tape.
🔎 Watch next: CPI/PPI next week, Treasury yields, and whether chip stocks stabilize.
Bottom line: a dip-buy bounce is possible, but a lasting rebound needs AI stocks to stop sliding. Are you buying the dip or waiting for CPI? 👇
$BTC
$QQQ
$SPYB
#NFP #FederalReserve #USStocks
Not financial advice.
📊 NFP just crushed forecasts — but stocks aren't cheering.
October payrolls: +165K vs ~65K expected (Reuters poll). Unemployment fell to 4.1% (exp. 4.2%). Wages +0.4% m/m, 3.1% y/y. Aug/Sep were revised up by a combined 84K.
⚡ Market reaction: Nasdaq 100 futures held a ~1.4% gain, S&P futures faded, Dow futures fell ~1%. CME FedWatch put a December hike at ~77%, up from ~68% before the data.
🧠 My read: it's "good news = bad news." Thursday's Nasdaq -5.5% rout was about AI/data-center fears, not jobs. A hot labor market keeps the Fed focused on inflation, so higher yields can cap a tech rebound.
₿ For crypto: BTC hovered near $76K after the print, so macro still drives the tape.
🔎 Watch next: CPI/PPI next week, Treasury yields, and whether chip stocks stabilize.
Bottom line: a dip-buy bounce is possible, but a lasting rebound needs AI stocks to stop sliding. Are you buying the dip or waiting for CPI? 👇
$BTC
$QQQ
$SPYB
#NFP #FederalReserve #USStocks
Not financial advice.
