Happy Monday!
Added 2024-06-03 13:15:11 +0000 UTCJobs data week are really choppy, and we have already seen a large move on Friday, and I feel that type of move pulled in what should be this week potentially with soft jobs data. Remember, the feds did say that they'll cut rates if labor markets fall through the crack. At this point, 3 rate cuts priced in starting in Sept. If jobs data shows surprise weakness, then a July rate cut could be on the table.
$CRWD earnings tomorrow.
ISM/PMI data this morning after the bell.
Can we retest 525 then launch? Thinks look a bit hot out there right now.
