Technical rally has peaked for US stocks.
The expected year end technical rally seems to have peaked. Unemployment is set to rise after Amazon announces that its firing 10,000 employees beginning this week. This follows Musk's Twitter that laid off 4,000 and Zuckerberg's Meta fired 11,000 employees. The bad vibes from Nasdaq will eventually shake S&P and Dow Jones too.
Reli teknikal akhir tahun sepertinya sudah memuncak. Tingkat pengangguran akan meningkat setelah Amazon mengumumkan akan memecat 10.000 karyawan mulai minggu ini. Ini adalah kelanjutan dari Twitter memecat 4.000 dan Meta yang memecat 11.000 karyawannya. Getaran buruk ini akan mengimbas ke S&P dan juga Dow Jones.
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