Stock Markets
24,822,231 Views |
233496 Replies |
Last: 50 min ago by Heineken-Ashi
Irish beat me.
Futures not blinking.
Numbers weren't that bad. Market was expecting this, we'll see what happens.
they ESTIMATED 1 million and got 3.28?
Yeah, but the private sector was in the 3MM-4MM estimate range.Carlo4 said:
they ESTIMATED 1 million and got 3.28?
This is why you don't leave the government in charge of projections and numbersCarlo4 said:
they ESTIMATED 1 million and got 3.28?
Prognightmare said:
Numbers weren't that bad. Market was expecting this, we'll see what happens.
Estimates I saw from the big banks weren't this high. I don't think anyone will be stunned beyond belief, but this is definitely higher than what some were thinking. Whether or not the market overreacts is the question...
Little dip coming in now, but nothing monumental. Both Dow and S&P down .5% a few min later.
I love how we've been beaten in to submission and a 0.5% drop is just a little dip nowMcInnis 03 said:
Little dip coming in now, but nothing monumental. Both Dow and S&P down .5% a few min later.
McInnis 03 said:
Little dip coming in now, but nothing monumental. Both Dow and S&P down .5% a few min later.
You mean -2.35% for SP and -2% for dow
I think he meant change from where they were
It was in line or lower than some whisper numbers. I'm closing out my SPY puts at the open. I have sneaky suspicion we go green today.BT1395 said:Prognightmare said:
Numbers weren't that bad. Market was expecting this, we'll see what happens.
Estimates I saw from the big banks weren't this high. I don't think anyone will be stunned beyond belief, but this is definitely higher than what some were thinking. Whether or not the market overreacts is the question...
Every knee shall bow and every tongue shall confess
My interpretation is that even though this number is higher than the average consensus estimates out there, there was a lot of fear priced into the market that the numbers could be absolutely catastrophic. The numbers came in at the high end of "published" expectations, but it wasn't outside of the range of expectations. So the market may actually see this as a bit of positive news. "We can recover from this, it's not catastrophic" type of thing.
One of those situations where numbers come in worse than published expectations, but overall it's neutral or positive news relative to the fear baked into the market.
Just my 2 cents.
One of those situations where numbers come in worse than published expectations, but overall it's neutral or positive news relative to the fear baked into the market.
Just my 2 cents.
Every knee shall bow and every tongue shall confess
And they're about to go green.
That is an insane number.
Taking profits to cash and waiting for your re-entry points for another short gain is a prudent move in corrections.
Wow
The higher the unemployment, the better (to an extent). Most of those people will be making more for the next 39 weeks from unemployment than they were when they were employed.
We are going to see some real inflation in the coming months. Artificially inflated demand with less supply.
We are going to see some real inflation in the coming months. Artificially inflated demand with less supply.
I think we see a rally today.
Looking like it
claym711 said:
The higher the unemployment, the better (to an extent). Most of those people will be making more for the next 39 weeks from unemployment than they were when they were employed.
We are going to see some real inflation in the coming months. Artificially inflated demand with less supply.
The TIPS/nominal treasuries breakeven rate sure doesn't indicate inflation. Doesn't mean it can't happen though.
https://ycharts.com/indicators/5_year_tipstreasury_breakeven_rate
seems like algos just wanted information. What was previously unknown is now known. No determination of positive or negative just an input at this point.Prognightmare said:
Looking like it
I think they were expecting close to 5M. 3.2 M was an pleasant number by the street.
So we getting out of the iwm puts.
I can't figure this thing out. Guys say "oh it is going to be a massive sell off onThursday with historic unemployment" and then the market goes green after historic numbers are released?! Even after 2 back to back green days that went against historic data. So much for shorting at close.
I can't win at this thing.
I can't win at this thing.
CuriousAg said:
I can't figure this thing out. Guys say "oh it is going to be a massive sell off onThursday with historic unemployment" and then the market goes green after historic numbers are released?! Even after 2 back to back green days that went against historic data. So much for shorting at close.
I can't win at this thing.
The market already knew all of that.
Everyone laid off just got the equivalent of a 90k salary job, at least for the next few months.
The more people laid off, the better for consumer spending in the near term! How many people are taking a pay cut by being employed? Haha
And small businesses just got at least 100k of free overhead.
The more people laid off, the better for consumer spending in the near term! How many people are taking a pay cut by being employed? Haha
And small businesses just got at least 100k of free overhead.
Don't fight the government. Historical data is worthless when you're going up against the people with the bazooka and you're yielding a toothpick
Featured Stories
See All
73:04
2h ago
3.2k
Learned, Loved, Loathed: Texas A&M 38, New Mexico State 3
by Olin Buchanan
No. 15 A&M's hot start more than enough to run away from NMSU, 38-3
by Olin Buchanan
6:45
2h ago
626
Malone scores 24 as A&M bounces back vs. Northwestern State
by Luke Evangelist
19:50
2d ago
6.6k
Donors can now earn priority points by giving to Texas Aggies United
by Texas Aggies United