Investing General Discussion

Haus

Haus

I am Big Balls!
<Silver Donator>
14,749
60,135
Well... Missing employment numbers, yet unemployment fell? Yeah, sounds like they're really loosening the bar to make things passable...

Dude in Article said:
Any result between 400,000 and 1 million is “just right,” writes Tom Essaye, founder of Sevens Report Research.
www.marketwatch.com

Stocks Rise After May Jobs Report

Nonfarm payrolls increased by 559,000 in May, while the unemployment rate declined to 5.8% from 6.1%.
www.marketwatch.com www.marketwatch.com

The only thing I can see out of this would be missing these numbers indicates the government will probably keep up/increase the money printing, which the markets seem to like as a lot of that money just flows right into the markets.
Click to expand...
Click to expand...
 
Blazin

Blazin

Creative Title
<Nazi Janitors>
7,405
37,289
Haus said:
Well... Missing employment numbers, yet unemployment fell? Yeah, sounds like they're really loosening the bar to make things passable...
Click to expand...
There was job growth the miss is on the estimate not sure where the confusion is.

if I say “I think we will have 5 more apples” then we end up with 4 , would your retort be that we must be fudging numbers because we somehow have more apples despite missing the number?
 
Gravel

Gravel

Mr. Poopybutthole
41,689
142,902
Unemployment calculations are weird. Could it be that the states ending it impacted the overall number? People who no longer qualify falling off?
 
Blazin

Blazin

Creative Title
<Nazi Janitors>
7,405
37,289
Gravel said:
Unemployment calculations are weird. Could it be that the states ending it impacted the overall number? People who no longer qualify falling off?
Click to expand...
Most of that hasn’t hit yet. We should see some effects from that in coming months
 
Borzak

Borzak

Silver Baron of the Realm
26,571
35,354
More jobless means bigger push for extended unemployment due to the virus, also more stimulus push only thing I can think other than the numbers really are dreamed out of thin air. Lot of stuff in the economy nowdays seems pretty distant from reality.
 
Fogel

Fogel

Mr. Poopybutthole
13,949
56,514
Just bought a little bit of BTCWF. Bitcoin miner with proprietary GPU/Software to increase efficiency. Hoping they're the next CLSK
 
Blazin

Blazin

Creative Title
<Nazi Janitors>
7,405
37,289
so strong rally in QQQ up about 1.5% yet advancing vs declining issues only marginally in the green.

Capture.JPG
 
Fogel

Fogel

Mr. Poopybutthole
13,949
56,514
Looks like they're trying to squeeze BBIG next, sold my AHT calls for 90% profit and rolled it into BBIG 5$ calls
 
Fogel

Fogel

Mr. Poopybutthole
13,949
56,514
Sanrith Descartes said:
I havent looked at it since I dumped it around 12-ish. Im guessing it didnt get any better?
Click to expand...
It had dipped all the way to 9.20, recovered back up to 11 before dropping back down to under 10. When it didn't budge on today's big green day I said fuck it and cut bait
 
  • 1Thoughts & Prayers
Reactions: 1 user
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
46,734
131,308
Fogel said:
It had dipped all the way to 9.20, recovered back up to 11 before dropping back down to under 10. When it didn't budge on today's big green day I said fuck it and cut bait
Click to expand...
Today would be such an absolute monster day... except for Ackman.
 
  • 1Solidarity
Reactions: 1 user
Blazin

Blazin

Creative Title
<Nazi Janitors>
7,405
37,289
Just went long AMZN...again @ $3200 have flipped it several times as it stays trapped in this consolidation box. We are in the middle of the box so taking a little risk here we revisit the bottom
 
  • 2Like
Reactions: 1 users
You must log in or register to reply here.