Tuesday, July 30, 2024

NVDA down big

And job market stabilizes
 
   
     
Tuesday, July 30th
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“If you only read the books that everyone else is reading, you can only think what everyone else is thinking.”

- Haruki Murakami
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Markets Today
 
 
🌏 Asia-Pacific: Down
 
🇪🇺 Europe: Up

🇺🇸 United States: Down

🛢️ Oil: Down

Crypto: Down
​​​​
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Major Market Events 
 
 
Job market stabilizes: New job openings were about the same as last month (link)
 
Crowdstrike continues meltdown: This is what happens when you stall the entire global tech infrastructure (link)
 
NVDA down big: It's at lowest point since May (link)
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🤔 My Thoughts 
 
 
The JOLTS job openings report was a nothingburger. Tomorrow will be more interesting as we'll see the ADP employment numbers.
To Better Trading,

Alex Reid
Wealthpin
 
WealthPin
   
     
   
 

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