How Fed rate cut hopes clashed with slowing jobs growth

The stock market has speculated the magnitude of Wall Street's Federal Reserve's next interest rate decision. Initially, S&P 500 and Nasdaq have hit the highest levels of all time on Friday morning, while investors digested an August business growth than expected. Weak data supported the Central Bank to reduce 25 basis points of this month and two similar moves before the end of the year. The 10 -year Treasury return has fallen below 4.1% since April. "Bad news good news trade" continued. However, shortly after the open, the market is lower because it is in the shade with concerns about the speed of the labor market whose hopes slow down. Out -of -Farm payrolls increased only 22,000 last month, compared to 75,000 expected, July was still revised up to 79,000 warm 79,000 and revised to show losses in June 13,000. While the S&P 500 and Nasdaq have closed a little lower than the Friday session, both of them have gained approximately 0.3% and more than 1% in the week, respectively. .Spx .IXIC 5D Mountain S&P 500 and NASDAQ 1 week Jim Cramer was not disturbed by market release, saying that Home Depot was about to rise. "This is what you're buying from here right now," he said on Friday. Lower borrowing costs should be a catalyst for home warehouse shares, because the job is largely dependent on a recovery in the housing sector. Home Depot Stock, since mid -June, ratio reduction expectations have increased throughout the summer. Jim thinks that the bond market can cooperate this time. Unlike last year, the FED rises after the bond returns and then the ratio of mortgage rates on 100 basis. So far, it seems promising up to 6.29%, the largest one -day decline of more than a year, decreasing 16 basis points in a national average on a 30 -year fixed mortgage. It wasn't just the monetary policy of investors about the minds of the investors. Corporate gains include two assets: Salesforce and Broadcom. The biggest earning story of the week was Broadcom. The shares of the special chip manufacturer won more than 9% on Friday after a explosion quarter the night before. Wall Street celebrated the optimistic guidance of Broadcom, the revelation of CEO Hock Tan, and an order of about $ 10 billion of special AI from a new customer. Avgo YTD Mountain Broadcom YTD "Broadcom's large quarter, Solid Guide and CEO pointed to a strong demand for artificial intelligence semiconductors and network solutions in the company's AI solutions segment." "VMware, the software giant Broadcom, which was purchased for $ 69 billion almost two years ago, continues to strengthen the company's infrastructure software segment." The club raised the Broadcom price target from $ 290 to $ 350 and repeated our equivalent 2 degrees. On Friday, Zev summarized this: "When it is taken together, it is clear that despite all the ugly about artificial intelligence spending balloon, when it comes to real bad players in the field, it is clear that we have not yet seen the summit in AI demand." Salesforce issued a better second quarter report than expected on Wednesday evening. Although the company publishes a rhythm on the upper and lower line, it is worried about a soft third quarter income guide that focuses on stocks after the announcement. The share fell approximately 5% on Thursday, but on Friday, it collected more than half. It lost a little more than 2%for the week. CRM YTD Mountain Salesforce YTD earnings night, the club Salesforce's growth orbit due to ongoing concerns of our price target from $ 350 to $ 300. However, we maintained our 2 degrees on the stock. As a result, the AI Tools package, called Salesforce's AI Tools, Aticforce, can still improve the top line performance and help margins over time. "However, the results here are not enough to silence the bears that believe that the business model as a traditional seat -based service is up to the top, and it is broken with progress in AI. It creates disappointment, but we are not ready to jump the ship with a stock trade in this small position." Jeff Marks, Director of Portfolio for the Club, wrote in the earnings analysis on Wednesday evening. In addition, Apple investors received great news this week in Tech News, which increased the club stock by more than 3%. All of them stem from a positive decision in the Google search antitröst case of Alphabet. The shares of the iPhone manufacturer were tears after deciding that a federal judge could continue to pay the alphabet's google call to Apple's flagship devices in late Tuesday. AAPL YTD Mountain Apple YTD Jim thinks that the decision can unlock billions of additional income for Apple. Apple not only continues to receive an estimated $ 20 billion every year for payments for the Google contract, but also opens the door to consider similar agreements with the major language model providers of the technology giant. Apple may receive payment to attract traffic to various AI chatbots in the ecosystem. This will be a great support in Apple's App Store, Apple TV+, Apple Music, Icloud and more. During CNBC's "MADEY" on Tuesday, "This boat company will have to pay Apple." He said. "How much is it. Maybe 20 billion dollars towards Apple's path. [it's] More. "Jim is also ongoing" for a long time, "do not trade, do not trade" the thesis in the Apple stock. It is associated with relations with relations with our privacy policy.