Bulls, Bears, & The Bell: Daily Stock Market & Investing News

NFP Jobs Shock: LULU & AVGO Plunge as Tech Faces Ultimate Support Test

11 min Β· 5. juni 2026
episode NFP Jobs Shock: LULU & AVGO Plunge as Tech Faces Ultimate Support Test cover

Description

Here is the trade setup for the Friday open. Markets are facing a massive macro test with the May Nonfarm Payrolls report and mounting tech fatigue. Is this a healthy rotation or the start of a deeper slide? πŸš€ Stocks to Watch: β€’ πŸ“‰ Lululemon (LULU): Plunging 11.8% pre-market after slashing full-year guidance. β€’ πŸ“‰ Broadcom (AVGO): Heavy pre-market pressure following yesterday's 12.6% AI-driven collapse. β€’ πŸ“‰ DocuSign (DOCU): Dropping 5% pre-market as guidance fails to satisfy aggressive expectations. 🎯 Key Levels to Watch: β€’ S&P 500 Futures (/ES): Critical line in the sand support at 7,525 – 7,535; resistance at 7,600. β€’ Nasdaq 100 Futures (/NQ): Ultimate structural floor to hold at 29,744. β€’ Broadcom (AVGO): Key support at $400 – $408; overhead resistance at $435 – $437. β€’ Lululemon (LULU): Immediate danger zone below $110; recovery targets at $125 – $130. Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.

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