August 6, 2024TradeSmith Research Team
Fear is gripping the market right now. First, a soft jobs report hit on Friday, showing U.S. unemployment ticked up to 4.3%… Then, over the weekend, global currency traders aggressively unwound their Japanese yen trades… Many are worried that this new weaker trend is forecasting doom and gloom for the economy. Not to mention that Iran and Hezbollah might both be on the verge of attacking Israel. Seeing all this, traders are selling stocks with abandon. Apple (AAPL), in particular,
Read now