๐จ NFP CAME IN WEAK BULLISH FOR $SNDK AND $MU ๐
๐บ๐ธ US NFP: -23K
๐ 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 ๐ตโฌ๏ธ
And lower rates are generally positive for growth & tech stocks, which could be bullish for $MU ๐
๐ NFP Weak โ Rate Cut Expectations โ โ Potentially Bullish for SNDK
LONG NOW
#SNDK #MU
๐บ๐ธ US NFP: -23K
๐ 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 ๐ตโฌ๏ธ
And lower rates are generally positive for growth & tech stocks, which could be bullish for $MU ๐
๐ NFP Weak โ Rate Cut Expectations โ โ Potentially Bullish for SNDK
LONG NOW
#SNDK #MU