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  • Dec 16 Unemployment is rising even as jobs are begin added, but not as fast as layoffs are rising

Dec 16 Unemployment is rising even as jobs are begin added, but not as fast as layoffs are rising

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Market

“US payrolls rose by 64K in Nov, which was 15K more than expected after a fall of 105K in October. The unemployment rate is now the highest in 5 years at 4.6% showing a weakening labor market.” 😊 😋

Mixed markets on a labor report that showed some promise but still is mixed

Tesla announced a driverless robotaxi expansion in Austin, while $GOOGL ( ▼ 0.54% ) Waymo and $AMZN ( ▲ 0.01% ) Zoox expand their trials to more cities as well. The stock is now at a record high for the all-time.

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Video of the day

Today’s video is on Nextracker $NXT ( ▲ 0.96% ) the solar tracker company.

Deep dive of the day

Good setups for swing