Investing General Discussion

Haus

<Silver Donator>
5,486
15,709
118d 1h 25m
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.

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.
 

Blazin

Creative Title
<Nazi Janitors>
4,294
21,780
115d 7h 5m
Well... Missing employment numbers, yet unemployment fell? Yeah, sounds like they're really loosening the bar to make things passable...
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

Golden Baron of the Realm
22,347
50,998
135d 17h 56m
Unemployment calculations are weird. Could it be that the states ending it impacted the overall number? People who no longer qualify falling off?
 

Blazin

Creative Title
<Nazi Janitors>
4,294
21,780
115d 7h 5m
Unemployment calculations are weird. Could it be that the states ending it impacted the overall number? People who no longer qualify falling off?
Most of that hasn’t hit yet. We should see some effects from that in coming months
 

Borzak

Karazhan Raider
20,704
24,018
184d 14h 22m
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

Avatar of War Slayer
6,402
17,410
226d 17h 29m
Just bought a little bit of BTCWF. Bitcoin miner with proprietary GPU/Software to increase efficiency. Hoping they're the next CLSK
 

Blazin

Creative Title
<Nazi Janitors>
4,294
21,780
115d 7h 5m
so strong rally in QQQ up about 1.5% yet advancing vs declining issues only marginally in the green.

Capture.JPG
 

Fogel

Avatar of War Slayer
6,402
17,410
226d 17h 29m
Looks like they're trying to squeeze BBIG next, sold my AHT calls for 90% profit and rolled it into BBIG 5$ calls
 

Sanrith Descartes

I love my shiny new medal, LLR
<Gold Donor>
15,431
40,088
91d 7h 49m
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
Today would be such an absolute monster day... except for Ackman.
 
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Blazin

Creative Title
<Nazi Janitors>
4,294
21,780
115d 7h 5m
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