Curt Renz Capital Resources
The popular stock market averages closed to the downside on Friday. May non-farm payrolls increased more than expected, perhaps inspiring more fears of inflation.
The yield rose for 10-yr treasury notes, as did the price of crude oil.
Tesla (TSLA -9.2%) shares fell after saying it would reduce its white collar payroll, while increasing the number of production workers. I own Tesla shares. See Dave Lee's video below.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
- Warren Buffett
Elliott Wave International
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