In the recent NFP report, the US economy added 223,000 jobs in December, which was slightly better than expected, and the unemployment rate fell to 3.5%.Average hourly earnings increased by 4.6% year-over-year, which was lower than the expected…
https://synapsetrading.com/wp-content/uploads/2023/01/Song-Kol-Lake-Kyrgyzstan.jpg15362048Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2023-01-07 09:25:402023-01-07 22:05:44Weekly Market Wrap: Stock Market Reacts Positively to Stronger Jobs Data
Looking back, 2022 has been challenging for the stock market and many analysts do not have high expectations for 2023.There is a growing consensus among analysts that there will be a selloff in the first half of next year due to negative…
https://synapsetrading.com/wp-content/uploads/2022/12/Kolsay-Lakes-National-Park-Kazakhstan.jpg15362048Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2022-12-30 02:12:452023-01-01 03:40:49Weekly Market Wrap: Review of 2022 & Outlook for 2023
Now that the bears are back in action, the market has switched from "potential reversal" mode back to "risk off" mode, and the stock market has resumed its decline.In last week's market outlook video, we mentioned that the best trading opportunities…
Last week, it was an eventful week filled with exciting news release, such as the CPI (Consumer Price Index) and the FOMC rate announcements.The CPI showed a lower than expected rate of inflation, so the markets rallied, but it turned out…
Last week, we anticipated that there would not be much action in the markets since the big news (CPI, FOMC) would only be happening this week.That turned out to be true.We also indicated that the best trading opportunities for last week…
https://synapsetrading.com/wp-content/uploads/2022/12/2022-09-17-16.03.35-scaled.jpg19202560Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2022-12-09 01:28:352022-12-11 18:51:35Weekly Market Wrap: All Eyes on CPI & FOMC Next Week!
