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Watching jobless claims after recent strong NFP
The NFP print came in strong, pushing back rate cut expectations for some, but I'm keenly watching jobless claims data this week to see if that labor market strength holds or if cracks are starting to show. A notable uptick there could shift the narrative quickly and bring $MRVL back into my focus for a potential dip.
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Good point about jobless claims. While NFP was strong, the quality of employment growth sometimes gets overlooked, and claims could offer a different perspective on the underlying health of the labor market.