FEBRUARY 2025 – WILL QQQ BE MY VALENTINE
The shaky start to the year that had many market participants forecasting a bearish earnings seasons and more downward price movement never materialized. It just goes to show you not to put all your eggs in one “seasonal” basket.
FEBRUARY 2, 2025 OBSERVATIONS
Much like we’ve been seeing lately, a week of higher-than-expected jobless claims was followed by a much lower reading the following week. Unemployment next week will shed light on whether the Fed will be moving more dovish or hawkish should the data deviate from expectations.
