XJO - Bear Posts only (Factors which might cause the markets to fall), page-22851

https://www.binance.com/en/square/p...to-highest-level-since-october-25208649010514

U.S. Weekly Jobless Claims Rise to Highest Level Since October

...the number of initial jobless claims in the United States for the week ending May 31 reached 247,000. This figure surpasses market expectations of 235,000 and marks the highest level since the week of October 5 last year.


Seems more and more cracks appearing. Maybe retail bulls need to stop drinking the Kool-Aid and start paying attention because once this final suckers rally is over and the smart money is done selling its a long way down. Especially when you consider what fair valuations should be .

P.S. Is a reason Buffet and the other billionaires have been busy selling and building huge cash piles. But I guess retail no better just like they did before every other crash/collapse .