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NEW INFLATION CPI DATA REPORT IS COMING SOON...

13.8K views
•
January 6, 2023
by
Ricky Gutierrez
YouTube video player
NEW INFLATION CPI DATA REPORT IS COMING SOON...

TL;DR

December job creation boosted market, but potential issues with seasonal employment may affect future reports.

Transcript

hey what's going on team happy Friday hope that you guys were all having an amazing day I want to provide you with a quick little recap on the day uh close the day a little bit over twenty four thousand dollars I left myself with my one lucky share uh but one of the things that I quickly want to talk about is what caused the market to go up and a q... Read More

Key Insights

  • 🥺 Job creation in December exceeded expectations, leading to market growth.
  • 📈 Seasonal employment trends can impact future job reports and market performance.
  • 🤘 NASDAQ market's break above resistance levels is a positive sign for investors.
  • 🪡 Cautious approach needed due to potential resistance at 270 level.
  • 📈 Importance of understanding market reactions and potential future trends.
  • 🫒 Live trading sessions offer valuable insights for investors.
  • ☢️ Encouraging active participation in understanding market dynamics.

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Questions & Answers

Q: What caused the recent market surge?

The market surged due to the higher than expected job creation in December, leading to economic growth and positive market sentiment.

Q: What concerns were raised about the job creation data?

Concerns were raised about the reliance on seasonal employment in December, which may skew future employment reports and impact market performance.

Q: Why is the NASDAQ market significant?

The NASDAQ market's break above the moving average and resistance levels shows positive progress for investors, with a cautious eye on potential resistance at 270.

Q: How does seasonal employment affect market expectations?

Seasonal employment in December may lead to inflated job creation numbers, potentially causing a decrease in employment and a market sell-off in future months.

Summary & Key Takeaways

  • The market saw a rise due to December job creation exceeding expectations.

  • Concerns arise about the impact of seasonal employment on future employment reports.

  • Major focus on the NASDAQ market and potential resistance levels.


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