Why Is The Market Celebrating A Weak Jobs Report?
Jobs Report Shocker Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows
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Coinbase Global shares are trading lower Friday despite bullish analyst calls and a favorable macro backdrop for crypto-linked stocks.
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Jobs Report Shocker Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows
Strategy shares have reversed and are now trading lower Friday. Bitcoin broke above $87,000, and Citi raised its price target on the stock.
Marathon Holdings shares are trading higher Friday. Clear Street reiterated its Hold rating and $10 price target after a meeting with the CFO.
Wells Fargo analyst Daniel Welden initiates coverage on Coinbase Global (NASDAQ:COIN) with a Equal-Weight rating and announces Price Target of $200.
Bitcoin, Ethereum and XRP rise as bullish derivatives bets build and Fed rate-hike odds fall before the US jobs report.