Jan 11 Market Update - Strong Jobs report turns market negative

$BROS $MPC $CMG

Market

“Over 256K jobs were added as payroll report showed a strong labor market, which spooked the market in expectations of fewer (or no) rate cuts in 2025. ” 😊 😋

All 3 indices took a beating, but this is a buy the dip market

Meta did well and many other stocks went lower including Nvidia and Tesla, but this is a buy the dip market, with small gains in. Bull markets last 3-5 years not 1-2 years, so this is a secular bull market downturn.

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Video of the day

Today’s video is on Chipotle $CMG the Mexican fast food chain and grill.

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Good setups for swing