Good job data but pull out of USMCA in the works?
The US added over 100,000 jobs but... 1. Some critics say the data is incorrect 2. The US is considering pulling out of the trade deal USMCA This led to a jump for Wednesday's open and quickly reversed within an hour If we end this week with the same bearishness, then we will likely continue to be bearish for another week. From a technical analysis perspective, we observe that there are large orders selling the market while the bullish orders are smaller and much more incremental. If you want to be part of Investing Accelerator, here's the 33% discounted link to join directly and skip the onboarding call (LINK) Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In February, my goal is to help 20 people with no financial background master investing. You will learn two strategies: • Long-term investing with options — learn how to find discounted blue chip stocks using technical and fundamental analysis You will also learn how to hedge during a bearish market to protect yourself • Monthly passive income — learn how to generate cash flow for retirement or replacing/boosting part of your salary using options Here's a step by step guide on how to join Investing Accelerator for free: https://www.skool.com/invest-retire-community-1699/how-to-join-investing-accelerator-for-free If you’re interested, you can hop on a free strategy call with me or Michael to see if you are a good fit. Schedule a call here: https://bit.ly/48mJlgR To date, we have 740+ students in Investing Accelerator. Remember to go to the Classroom tab for additional investing resources. Disclaimer: This communication is provided for educational and informational purposes only and does not constitute investment advice, a recommendation, or an offer to invest in any fund or strategy. No advisory relationship is formed by receipt of this content. Any references to strategies or markets are general in nature and do not reflect the performance of any client account or investment product.