Jun 17 The market is choppy as predicted

$WLY $JBL $

Market

😊 The choppy market due to “rumors” and “news” of war off again, on again will make the markets up and down this week, making swing trades much harder😋

This still feels like a trap, so I am not taking long positions yet. But all indices were higher

AI will shrink the Amazon workforce the CEO, Andy Jassy said today. Coupled with the “buyout” offers from $GOOGL ( ▼ 1.25% ) and the constant layoffs (rolling) from $MSFT ( ▼ 0.92% ) and $META ( ▼ 2.39% ) , the era of the big tech company being a safe “job” is no longer true.

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Insights from the portfolio

Video of the day

Today’s video is on UiPath $PATH ( ▼ 0.31% ) - the robotic process automation company.

Deep dive of the day

Good setups for swing