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

Posted on 2/4/22 at 8:05 am to
Posted by UncleFestersLegs
Member since Nov 2010
10826 posts
Posted on 2/4/22 at 8:05 am to
quote:

it fell to 34688

-450 dow
so good news is bad news. clown world
Posted by teke184
Zachary, LA
Member since Jan 2007
95425 posts
Posted on 2/4/22 at 8:06 am to
Two ways to interpret it.

One, they predicted it would fall so stocks benefitting from a fall fell while stocks benefitting from an increase rose.

Two, no one believes any of this shite is backed up by data and that the numbers are far worse than reported.
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 2/4/22 at 8:06 am to
People in the investment game tend to know a lot more about the economy than people who aren’t. They know the house is on fire around them. Ridiculous propaganda won’t change that
Posted by AirbusDawg
Milton, Ga
Member since Jan 2018
2305 posts
Posted on 2/4/22 at 8:07 am to
And just like that, the jobs report is way better than expected. Instead of a 300,000 jobs lost, it's a 467,000 gain. Are these jobs reports even remotely close to real numbers?
Posted by teke184
Zachary, LA
Member since Jan 2007
95425 posts
Posted on 2/4/22 at 8:13 am to
I seriously doubt it.

This is an administration which gamed GDP numbers by shutting down ports until the quarter numbers closed so they didn’t have to count all the imports waiting to be offloaded as part of the quarter.
Posted by UncleFestersLegs
Member since Nov 2010
10826 posts
Posted on 2/4/22 at 8:16 am to
quote:

And just like that, the jobs report is way better than expected. Instead of a 300,000 jobs lost, it's a 467,000 gain. Are these jobs reports even remotely close to real numbers?

BLS also revised December payrolls from 199K to 510K. November was revised from 249K to 647K. 709K higher over 2 months. So covid 2021 never happened with every month averaging 500k. Amazing. We are (were) saved!

Posted by JJJimmyJimJames
Southern States
Member since May 2020
18496 posts
Posted on 2/4/22 at 8:34 am to
My observation is that jobs numbers usually dont have the impact on markets that last.

The market followed technical indicators last night and this morning

The news that DOES/can impact markets is Federal Reserve news of interest rates, manipulations, and what was said by Fed governors about their actions
Posted by UncleFestersLegs
Member since Nov 2010
10826 posts
Posted on 2/4/22 at 8:36 am to
quote:

The news that DOES/can impact markets is Federal Reserve news of interest rates, manipulations, and what was said by Fed governors about their actions
So the probability of hikes goes up and the market pukes from withdrawal of the punch bowl. Ill believe it when i see it
Posted by AirbusDawg
Milton, Ga
Member since Jan 2018
2305 posts
Posted on 2/4/22 at 11:31 am to
Interesting to see the revised numbers. Some months the report jobs vs the revised numbers are off by a crazy amount. The take away, jobs reports are full of shite. They are reported to help a presidents poll numbers.
Posted by JJJimmyJimJames
Southern States
Member since May 2020
18496 posts
Posted on 2/10/22 at 7:42 am to
quote:

The news that DOES/can impact markets is Federal Reserve news of interest rates, manipulations, and what was said by Fed governors about their actions
like the CPI (consumer price index) did this morning...

came in at 7.5% off of forecast 7.3% - dow futures dropped 250 points in 15 minutes

again, interest rates and expectations of rates move markets

Posted by bayoudude
Member since Dec 2007
24954 posts
Posted on 2/10/22 at 7:43 am to
I don’t think the market really tanks until interest rates begin to rise.
Posted by Diamondawg
Mississippi
Member since Oct 2006
32242 posts
Posted on 2/10/22 at 7:47 am to
quote:

May move for other reasons though


Not hedging are you?
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