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Post by privateinvestor on Aug 5, 2011 7:37:08 GMT -5
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floridayankee
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Post by floridayankee on Aug 5, 2011 7:59:24 GMT -5
This new number is higher than the estimates I saw yesterday of @85,000 so let's see how the markets react..?? Futures are promising.... 08:35 am : S&P futures vs fair value: +13.80. Nasdaq futures vs fair value: +20.50 |
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Deleted
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Post by Deleted on Aug 5, 2011 8:30:55 GMT -5
Does anyone actually beleive the jobs report?
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cme1201
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Post by cme1201 on Aug 5, 2011 8:31:48 GMT -5
Not when a week or two from now it needs to be adjusted for actual numbers
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Deleted
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Post by Deleted on Aug 5, 2011 8:38:28 GMT -5
Jobs gained should always be reported with jobs lost, side by side. To help keep an accurate perspective.
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NoNamePerson
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Post by NoNamePerson on Aug 5, 2011 8:40:41 GMT -5
Does anyone actually beleive the jobs report? Come on Archie. You don't think the figures are "cooked" do you. You are so jaded  |
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Deleted
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Post by Deleted on Aug 5, 2011 8:43:01 GMT -5
Does anyone actually beleive the jobs report? Come on Archie. You don't think the figures are "cooked" do you. You are so jaded Do you think the government would have allowed a jobs report to come out yesterday that said w lost 100k jobs?  NO FRIGGEN WAY!! |
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NoNamePerson
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Post by NoNamePerson on Aug 5, 2011 8:45:39 GMT -5
Come on Archie. You don't think the figures are "cooked" do you. You are so jaded Do you think the government would have allowed a jobs report to come out yesterday that said w lost 100k jobs? NO FRIGGEN WAY!! I think the government lies about EVERYTHING!! |
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Deleted
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Post by Deleted on Aug 5, 2011 8:56:12 GMT -5
Well that bump lasted almost a half an hour. NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
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Deleted
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Post by Deleted on Aug 5, 2011 10:03:42 GMT -5
Too bad 116k jobs isn't near enough.
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WannabeWealthy
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Post by WannabeWealthy on Aug 5, 2011 10:26:49 GMT -5
Won't matter. We are headed for another recession.
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floridayankee
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Post by floridayankee on Aug 5, 2011 10:29:14 GMT -5
Well that bump lasted almost a half an hour. NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO Did it last that long? |
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Deleted
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Post by Deleted on Aug 5, 2011 10:35:59 GMT -5
BREAKING NEWS: Employers added 117,000 jobs in JulWal-Mart must have opened more stores! 
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reasonfreedom
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Post by reasonfreedom on Aug 5, 2011 11:07:39 GMT -5
S&P at 2% down, will we have a bounce or will it keep tanking? welcome to the revealing of the false bull market.
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Post by privateinvestor on Aug 5, 2011 11:14:01 GMT -5
Wall St was not too impressed and we still have to wait to see if the S&P will downgrade the Treasury's debt or not today.. But adding 117,000 jobs is being spun by the White House that we will NOT see a double dip recession.
The Dow is now down @123 pts but who knows what the final number will be?? You could see more selling as investors decide to securities and move on the sidelines by buying Treasuries...
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reasonfreedom
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Post by reasonfreedom on Aug 5, 2011 11:16:21 GMT -5
Wall St was not too impressed and we still have to wait to see if the S&P will downgrade the Treasury's debt or not today.. But adding 117,000 jobs is being spun by the White House that we will NOT see a double dip recession. The Dow is now down @123 pts but who knows what the final number will be?? You could see more selling as investors decide to securities and move on the sidelines by buying Treasuries... Bah, who cares about the dow. Use S&P as your indicator, even nasdaq is a better market indicator. |
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Post by privateinvestor on Aug 5, 2011 11:21:37 GMT -5
Wall St was not too impressed and we still have to wait to see if the S&P will downgrade the Treasury's debt or not today.. But adding 117,000 jobs is being spun by the White House that we will NOT see a double dip recession. The Dow is now down @123 pts but who knows what the final number will be?? You could see more selling as investors decide to securities and move on the sidelines by buying Treasuries... Bah, who cares about the dow. Use S&P as your indicator, even nasdaq is a better market indicator. OK the S&P is down 14 pts and the Nasdaq is down 49 pts.... |
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djAdvocate
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Post by djAdvocate on Aug 5, 2011 11:39:40 GMT -5
Does anyone actually beleive the jobs report? as an indicator? absolutely. that the numbers will be exactly as reported? not at all. |
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djAdvocate
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Post by djAdvocate on Aug 5, 2011 11:40:18 GMT -5
Wall St was not too impressed and we still have to wait to see if the S&P will downgrade the Treasury's debt or not today.. But adding 117,000 jobs is being spun by the White House that we will NOT see a double dip recession. The Dow is now down @123 pts but who knows what the final number will be?? You could see more selling as investors decide to securities and move on the sidelines by buying Treasuries... Bah, who cares about the dow. Use S&P as your indicator, even nasdaq is a better market indicator. not too keen on NASD. i prefer the total stock market index. |
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djAdvocate
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Post by djAdvocate on Aug 5, 2011 11:41:41 GMT -5
S&P at 2% down, will we have a bounce or will it keep tanking? welcome to the revealing of the false bull market. this cyclic bull market was crap, anyway. we need to get it down quite a ways to make it worth buying. it won't top the old highs before Obama leaves office, nor has it earned it. |
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djAdvocate
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Post by djAdvocate on Aug 5, 2011 11:42:48 GMT -5
Too bad 116k jobs isn't near enough. true. it is about the same as Bush averaged in his "good years". |
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Post by privateinvestor on Aug 5, 2011 11:52:09 GMT -5
The economy needs to add @500.000 jobs each month for the next 18 months to bring the unemployment rate from @9.25% to @6%.. And that is not likely to happen unless companies believe the economy is moving in the right direction..
Austan Goolsbee the White House economic adviser is blaming the dysfunctional congress for this issue
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Deleted
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Post by Deleted on Aug 5, 2011 11:53:04 GMT -5
I think I just broke my damn neck trying to follow this market.
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Deleted
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Post by Deleted on Aug 5, 2011 11:54:19 GMT -5
I think I just broke my damn neck trying to follow this market.
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Post by privateinvestor on Aug 5, 2011 11:57:50 GMT -5
I think I just broke my damn neck trying to follow this market.  Take two aspirins and try to relax Archie....you still have 3 more hours until it closes |
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Deleted
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Post by Deleted on Aug 5, 2011 11:58:59 GMT -5
How about Peanut M&Ms from the vending machine? That sounds more like it.
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djAdvocate
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Post by djAdvocate on Aug 5, 2011 12:01:07 GMT -5
The economy needs to add @500.000 jobs each month for the next 18 months to bring the unemployment rate from @9.25% to @6%.. it needs to do nothing of the sort, given that Bush left office with unemployment at 7.6% |
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Post by maui1 on Aug 5, 2011 12:48:31 GMT -5
Employers added 117,000 jobs last month, the Labor Department said Friday. That's better than the past two months, which were also revised higher.
The better-than-expected report gave stocks a small lift one day after the Dow Jones industrial average fell more than 500 points. The Dow jumped as much as 171 points when the market opened, but then erase most gains to rise only 31 points in early-morning trading.
i agree arch- i will bet that this number will be revised down. i will bet that "for our best interest' our gov't made a decision not to post bad numbers for fear that the market would crash.
i am sure that our gov't looked at this risk, considered the ramifications of a bad number and lied to us, 'for our own good'
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Post by BeenThere...DoneThat... on Aug 5, 2011 12:50:32 GMT -5
Too bad 116k jobs isn't near enough. ...agreed...  |
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NO FRIGGEN WAY!!
Take two aspirins and try to relax Archie....you still have 3 more hours until it closes 
