“Discretionary trading is just astrology with better spreadsheets.”
— THE MOLE
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The economy added 165,000 jobs in October, against roughly 65,000 expected. Unemployment came in at 4.1%, wages rose 0.4% on the month, and the prior two months were revised up by a combined 84,000. In most regimes, that’s a green-open…
XRP is up about 4% this week, and the crypto feeds are busy explaining why. Some credit Ripple’s final OCC approval for a national trust bank. Others point to crowded long positioning. Neither story holds up well against the tape.
AMD just reported the biggest quarter in its history. Data center revenue nearly doubled. And…. the stock is down more than 20% in a month.
