ADP employment index shows 693,000 jobs lost in December
- Thread starter ASusilovic
- Start date
Government "birth/death model" will say that we added 150,000 new jobs.
Why the Bureau of Labor Statistics Employment Numbers are wrong everytime.
insightful read.
http://www.trimtabs.com/site/TTSampleResearch/WhyTheBLSIsWrong.pdf
insightful read.
http://www.trimtabs.com/site/TTSampleResearch/WhyTheBLSIsWrong.pdf
your opinions on tommorrow's Obama speech against the negative employment news on Friday?
Remember the speech was meant to be given on the 20th and it has been brought forwards just before Friday's news.
Will the dow drop or will the Obama effect change the expected direction of the market?
Remember the speech was meant to be given on the 20th and it has been brought forwards just before Friday's news.
Will the dow drop or will the Obama effect change the expected direction of the market?
Without over reporting Unemployment number now, once new administration go into the office; it can not report "corrected" number to reflect faster recover of economy, and the brightness of new administration. All has been panning out for next administration. so, expecting the worst Unemployment number on Friday.
So, if I understood well your posting, your expectation would be that Obama's speech will not bring anything positive but will take the current opportunity to bring out all negative news that we are not yet aware?
Which means the reaction of the market would be to the downside starting on Thursday with Obama's speech?
Perhaps a short rally before the speech?
Which means the reaction of the market would be to the downside starting on Thursday with Obama's speech?
Perhaps a short rally before the speech?
That is a good point, no one knows the true rate of unemployment.
In your opinion at what level the "really ugly unemployment figures" are already priced in the market and Friday could actually be after an initial drop become the start of the big rally that every analyst keeps expecting.
Volumes are quite thin and we would expect the big guns to have taken their positions by now if the market was going south. Because everybody expects a big drop on Friday and the volumes are quite low we should have seen a bigger drop in the Dow by now? Do you agree?
In your opinion could the market suprises us on Friday and after an initial drop see the big volumes coming in and initiate the anticipated rally?
Or will we have to wait until February for the anticipated rally?
In your opinion at what level the "really ugly unemployment figures" are already priced in the market and Friday could actually be after an initial drop become the start of the big rally that every analyst keeps expecting.
Volumes are quite thin and we would expect the big guns to have taken their positions by now if the market was going south. Because everybody expects a big drop on Friday and the volumes are quite low we should have seen a bigger drop in the Dow by now? Do you agree?
In your opinion could the market suprises us on Friday and after an initial drop see the big volumes coming in and initiate the anticipated rally?
Or will we have to wait until February for the anticipated rally?