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05 Jun 2026

Proflex Weekly Review — S&P Exhaustion, Jobs Report, Bitcoin Sell-off

Proflex Weekly Review — S&P Exhaustion, Jobs Report, Bitcoin Sell-offProflex Week in Numbers — Key Insights from Week (June 1—5, 2026) ✅ S&P 500 crashes -2.64% to 7,384 — largest single-day drop since October 2025. Nasdaq -4.18%, SOXX worst day since March 2020. The 9-week winning streak is over. ✅ Jobs report blows out: +172K vs 85K expected — double consensus. April revised up +64K. Fed rate hike probability surges to 60%, 30-year yield crosses 5%. ✅ Bitcoin melts down to $59,800 — worst week since February 2026 (-17%). ETF outflows hit 13 consecutive days (longest streak ever). Strategy sells BTC for first time since 2022. ✅ Broadcom drops -20% over two days after keeping full-year AI target at $100B (Street wanted a raise). SOXX crashes, $1T+ wiped from semiconductors. ✅ Memory stocks crash on SemiAnalysis Vera Rubin r

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