Conflicting Job Numbers and Robinhood's Breakout | Next Week on the Trading Floor episode artwork

EPISODE · Jun 10, 2024 · 23 MIN

Conflicting Job Numbers and Robinhood's Breakout | Next Week on the Trading Floor

from Wealthion - Be Financially Resilient · host Wealthion

"Before there was a roaring kitty pumping up GME, there was one man pumping up the stock market and his name is Jerome Powell." In this episode of Next Week on the Trading Floor, Andrew Brill and Justin Nugent discuss the current market trends and opportunities to watch. They analyze the conflicting job numbers and unemployment rate, and speculate on the Federal Reserve's upcoming actions. Justin predicts that the S&P 500 (SPY) will reach 6,000 in the longer term, going against the consensus of hedge fund predictions. Vale Resorts is identified as the stock in the penalty box due to missed earnings, while Robinhood is highlighted as a potential winner with its breakout from a long-standing range. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Conflicting Job Numbers and Robinhood's Breakout | Next Week on the Trading Floor

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