Market faded from its initial resillience as stronger than expected Jan job report creates question from the path forward for Fed rate hikes. Megacaps $GOOGL, $AMZN, $QCOM, $SBUX, $F and $AAPL also missed earnings estimates from friday’s earnings report. Observed a no. of china stocks decoupling from KWEB due to their pullback with expanded range eg. $BABA, $RLX, $YSG, $BZ, $QFIN, $YMM Thanks for reading. PS: If you enjoy the above curated article, you may follow me on twitter (@jeffsuntrading) to get daily market diary, trading ideas and market updates.

6/2/2023 Market Diary & Playbook

-Indexes PB as strong Jan Job report creates uncertainty for path of rate hikes ahead -Megacap $GOOG, $AMZN, $QCOM, $SBUX, $F, $AAPL all missed earnings estimate -some China leaders decoupling from $KWEB resilience eg. $BABA $RLX $BZ $QFIN $BZ pic.twitter.com/Ss5YoBHY9C — Jeff Sun, CFTe (@jeffsuntrading) February 6, 2023