On February 7, 2025, the U.S. Bureau of Labor Statistics released its January employment report, revealing a deceleration in job growth. The economy added 143,000 nonfarm payroll jobs in January, a notable decrease from the revised 307,000 jobs gained in December. This figure fell short of economists’ expectations, who had anticipated an increase of approximately 170,000 jobs.  Despite the slowdown in job creation, the unemployment rate edged down from 4.1% to 4.0%. Additionally, average hourly earnings saw a significant rise, increasing by 0.5% in January compared to a 0.3% gain in December.  The labor market exhibited strength in sectors such as healthcare, retail trade, and social assistance, which all reported job gains. Conversely, industries like mining and oil and gas extraction e
$Tapestry Inc.(TPR)$ Literally, all these goods are imported and since there is tariffs, it might affect the price action. Besides, the interest rate remain high and was unchanged in the previous FED meeting: I assume, the stock price might hovering around $70 with overbought at the moment at day trade.
I have no idea why Buffet is buying oil where as Fed isn't Backing Off from their agenda! If recession is on the green light zone, everything would tend to fall apart.
Occidental Petroleum: Warren Buffett Buys Again, So Should You?
If oil is bearish, the whole market is going to crash soon. But I am still in huge dilemma those big companies are still sitting with big piles of money. Anytime they could sbb.
Hedge Funds’ Ultra-Bearish Oil Bets Signal US Recession Angst
How to avoid from losing big money and preserve your capital.
First of all, start your trading with high volume, high volatility, and a large market capitalization stock. There are several reasons to validate this: a) You will be able to see good price action. b) There will be less manipulation in the market. c) You will be able to preserve your capital easily by selling quickly d) You will be able to access resources or news easily across the internet. Here is my basic advice to avoid losing significant amounts of money in trading: a) When making a price entry, always have support and resistance levels. If you are unsure about the levels, do not try to trade. Support is the price level at which buyers are heavily waiting or holding the stock. Resistance is the ceiling price that the stock is unlikely to surpass. b) Trend: The trend is always