- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Jobless claims report comes out tomorrow morning before market open
Posted on 3/25/20 at 11:05 am
Posted on 3/25/20 at 11:05 am
You guys think there will be a sell-off this afternoon?
7
Posted on 3/25/20 at 11:07 am to olgoi khorkhoi
The real question with all the data coming is how much does the market have priced in on the day prior to release.
I’d say this market has a fair amount of negative news priced in, unless the data is significantly worse. Much more was priced in on Friday.
I’d say this market has a fair amount of negative news priced in, unless the data is significantly worse. Much more was priced in on Friday.
Posted on 3/25/20 at 11:11 am to LSUcam7
quote:
I’d say this market has a fair amount of negative news priced in,
Lol
Posted on 3/25/20 at 11:12 am to olgoi khorkhoi
quote:maybe, maybe not. what if it's "less bad" than we think it's going to be?
You guys think there will be a sell-off this afternoon?
Posted on 3/25/20 at 11:25 am to LSUcam7
I think if there’s anything less than 1.5mm unemployed then we have a rally. If we are closer to 2mm then we sell off a bit.
Posted on 3/25/20 at 11:26 am to olgoi khorkhoi
quote:
Jobless claims report comes out tomorrow morning before market open
I just threw another couple grand into my E*TRADE.
Hopefully it dips tomorrow morning for another buying opportunity and then we ride the wave back up.
If it’s not as bad as we think, they pass the bill, covid numbers level off, and Trump says we’re going back to work before May we should be trending up bigly
This post was edited on 3/25/20 at 11:27 am
Posted on 3/25/20 at 11:27 am to southernelite
quote:
Lol
I agree with this observation
Posted on 3/25/20 at 11:28 am to olgoi khorkhoi
I love everyone has reversed sentiment and now looking for anything to bring the market down. It’s amusing
Posted on 3/25/20 at 11:28 am to Chef Free Gold Bloom
I funded all my accounts yesterday prepping, slightly hoping for a drop.
Posted on 3/25/20 at 11:33 am to olgoi khorkhoi
quote:
You guys think there will be a sell-off this afternoon?
Absolutely not. Stimulus bill will pay 6 months of unemployment tripled.
I think the timing of the vote and the jobs report is no coincidence.
Posted on 3/25/20 at 11:59 am to olgoi khorkhoi
There's no telling with this market. I went ahead and sold off some small positions for a gain to be ready to buy if there is a drop.
Posted on 3/25/20 at 12:46 pm to GREENHEAD22
It’s hard not to jump in with the little cash I have left. I have a great talent for catching the falling knife AND setting stop losses only to have it bounce back up.
Posted on 3/25/20 at 1:19 pm to Shepherd88
current estimate is 2.5MM new jobless claims
quote:
“Early state releases are pointing to an almost unthinkable 2 million to 3 million surge,” economists at BMO Capital Markets wrote to clients.
This post was edited on 3/25/20 at 1:21 pm
Posted on 3/25/20 at 3:02 pm to olgoi khorkhoi
That was a serious melt in the final minutes today.
Posted on 3/25/20 at 3:05 pm to Pendulum
profit taking
everybody is day-to-day
everybody is day-to-day
Posted on 3/25/20 at 3:22 pm to cgrand
I sold off this afternoon waited about 30 minutes longer than I'd have liked on a few things. I think we are going to see a much higher number than expected. I think that 2.5million is about 1 million low just due to the people that didnt know they could file for unemployment before, college kids specifically.
Posted on 3/25/20 at 3:26 pm to dirtytigers
I sold some things to free up cash. Will look at tomorrow
Posted on 3/25/20 at 3:52 pm to BZ504
1MM new jobless claims in california alone
Posted on 3/26/20 at 8:52 am to cgrand
Yet the Dow is up 300 in early trading.
I think you’ve got some short covering going on as well as some FOMO.
However everyone seems to believe we’ll sell off some point soon. Sometimes “what everyone knows, ain’t worth knowing.” For the record I’m in the retest/selloff camp.
I think you’ve got some short covering going on as well as some FOMO.
However everyone seems to believe we’ll sell off some point soon. Sometimes “what everyone knows, ain’t worth knowing.” For the record I’m in the retest/selloff camp.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News