RemoRossi @RemoRossi: "*Weekly Update* “US payrolls rose in..."

United Kingdom

*Weekly Update* “US payrolls rose in March by the most in nearly a year and the unemployment rate dropped, pointing to a strong labor market that’s powering the economy. Nonfarm payrolls advanced 303,000 last month following a combined 22,000 upward revision to job gains in the prior two months, a Bureau of Labor Statistics report showed Friday. The unemployment rate fell to 3.8%.” (Bloomberg) Yesterday the $SPX500 fell c.1.23% with $AMD (Advanced Micro Devices Inc) $XYZ (Block Inc.) $ABBV (AbbVie Inc) $TPR (Tapestry, Inc) and $CRM (Salesforce Inc) being amongst the biggest losers. This price correction enticed me to add further exposure to these names. I believe these securities all have strong outlooks for the next 12 months and dips in the market like yesterday is a window to dollar cost average and build profitable positions over time. I also added further exposure to $BTC and $XRP due to the Bitcoin halving event coming soon. I believe prices will remain within there recent trading range and then climb higher once the event takes place.