SPX Monthly Log Chart since 1967
US initial jobless claims HISTORICALLY low.
Tops in US equities are forged at those levels.
FED will only "try" to save the day AFTER initial jobless claims breakout.
That is the "last nail in the coffin" for growth stocks.
#fintwit #spx #fed #fomc
ARKK #meta
Tops in US equities are forged at those levels.
FED will only "try" to save the day AFTER initial jobless claims breakout.
That is the "last nail in the coffin" for growth stocks.
#fintwit #spx #fed #fomc
ARKK #meta
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