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Predict the market drop/rise after tomorrow’s jobs report

Posted on 2/3/22 at 7:37 pm
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 2/3/22 at 7:37 pm
I predict it drops 700.
Posted by Bamafan24
Huntsville
Member since Oct 2014
8280 posts
Posted on 2/3/22 at 7:40 pm to
then it rebounds some so the rich get richer
Posted by Bulldogblitz
In my house
Member since Dec 2018
26774 posts
Posted on 2/3/22 at 7:40 pm to
Xiden say, best job report evahhhhhh. All workers work for the peoples repubulic!
This post was edited on 2/3/22 at 8:09 pm
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36748 posts
Posted on 2/3/22 at 7:43 pm to
We already got the ADP job numbers. This is simply going to be slightly different. Market probably doesn't move much on the news tomorrow. May move for other reasons though
This post was edited on 2/3/22 at 7:47 pm
Posted by TDTOM
Member since Jan 2021
14285 posts
Posted on 2/3/22 at 7:45 pm to
Amazon will save the day. The jobs number will be shrugged off. I think we go higher.
Posted by Jack Carter
Member since Sep 2018
10303 posts
Posted on 2/3/22 at 7:47 pm to
We'll get a dip at least and I'll short it for some juicy profits
Posted by fjlee90
Baton Rouge
Member since Nov 2016
7832 posts
Posted on 2/3/22 at 7:51 pm to
2% sell off? It’s possible.

I see a 1% dip followed by a rally.

People will be looking to catch blue chips on sale, myself included. Still plenty of liquidity out there.
Posted by Tomatocantender
Boot
Member since Jun 2021
4717 posts
Posted on 2/3/22 at 7:55 pm to
It will be worse than the Clarence Beaks orange juice Florida crops report.
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 2/3/22 at 7:57 pm to
Posted by AUMIS01
Atlanta
Member since May 2020
1206 posts
Posted on 2/3/22 at 8:05 pm to
A bad jobs report will likely cause a rise. Falling employment theoretically lessens inflation and the likelihood that massive interest rate hikes are required. The selloffs of the last couple of weeks have everything to do with inflation and the need to kill the economy to kill inflation, with a sprinkle of imminent war with Russia thrown in for good measure.
Posted by Nosevens
Member since Apr 2019
10239 posts
Posted on 2/3/22 at 8:13 pm to
Long dark winter ahead as the idiot has be suggesting . He knew his limits in running the country yet they installed him anyway
Posted by AUMIS01
Atlanta
Member since May 2020
1206 posts
Posted on 2/3/22 at 8:21 pm to
quote:

We already got the ADP job numbers. This is simply going to be slightly different. Market probably doesn't move much on the news tomorrow. May move for other reasons though



Lulz, ADP and BLS numbers more often than not vary widely, to the tune of several hundred thousand regularly. There is article after article out there explaining why.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36748 posts
Posted on 2/3/22 at 8:32 pm to
quote:

Lulz, ADP and BLS numbers more often than not vary widely, to the tune of several hundred thousand regularly. There is article after article out there explaining why.

So 100k difference telling the same story is pretty irrelevant. We know it's gonna be bad. We saw the reaction to that already.
Posted by jimmy the leg
Member since Aug 2007
34011 posts
Posted on 2/3/22 at 9:05 pm to
quote:

We already got the ADP job numbers. This is simply going to be slightly different. Market probably doesn't move much on the news tomorrow. May move for other reasons though


What a bullshite caveat.

frick you and your *president.
Posted by Jjdoc
Cali
Member since Mar 2016
53436 posts
Posted on 2/3/22 at 9:08 pm to
It will be up.
Posted by JJJimmyJimJames
Southern States
Member since May 2020
18496 posts
Posted on 2/3/22 at 9:20 pm to
3.9% prior month
3.9% estimated

should be close to 3.9

I only follow these numbers to know when they occur and can cause a market jump and jitter

Daily charts show a cresting wave up in the waning part of the wave

Weekly charts show a market trying to rise against indicators mostly down

So Dly/Wkly bias toward long

3 hr showing long/45 min charts showing cresting

So 3hr/45 min long bias

The cresting waves are best indicators in their grouping so a force to go against each longer couplet chart

There is also whatever happens through the night with the 3/45.

With an expected unemployment, no surprises up trend but the counters want to fall and could do it.

Also the first of a falling technical wave is one of its most prominent parts.

I can see dow down 4-600 fits after those crests transition. Dow futures is at 35135 at the moment
This post was edited on 2/3/22 at 9:52 pm
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36748 posts
Posted on 2/3/22 at 9:29 pm to
quote:

What a bullshite caveat.

Not really. If it's a mover you'll be able to tell by volume and shift upon release.

If something else moves it you'll see similar around the release of that event.

It may stay flat, go up, or go down. I don't really try to predict day to day.
This post was edited on 2/3/22 at 9:30 pm
Posted by redneck hippie
Stillwater
Member since Dec 2008
5574 posts
Posted on 2/3/22 at 9:31 pm to
The PT stock market jinx never fails
Posted by DMAN1968
Member since Apr 2019
10144 posts
Posted on 2/3/22 at 9:45 pm to
quote:

It may stay flat, go up, or go down

Gosh damn freaking Nostradamus here.

Posted by JJJimmyJimJames
Southern States
Member since May 2020
18496 posts
Posted on 2/4/22 at 8:00 am to
quote:

I can see dow down 4-600 fits after those crests transition. Dow futures is at 35135 at the moment
it fell to 34688

-450 dow
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