Stocks fell slightly after disappointing U.S. jobless claims data—Here's what experts say about the market

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Stocks fell slightly Thursday on the back of disappointing U.S. jobless claims data and following a blistering start to the month on Wall Street. Here's what experts say about the market.

 

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We need to put this bad news in the trash... market has to hit new highs.. bad news put to the trash ok.. tell piasni to take it out

No they didn’t. They were up slightly.

Big institutions were trapped in March when COVID-19 pandemic suddenly arrived . Now, they sold their positions by pumping with fake predication. We will see the effects of huge jobless claims soon. Less iPhone purchase, Less spending. Less products of USA. Big dump ahead.

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The Nasdaq is trading at a 152x multiple of the Bloomberg Commodity Index, surpassing the highs seen during the Dot Com bubble by almost a factor of two!

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