Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Indeed. You got me.
I knew it. ;-)
so tomorrow we have job numbers and the market won't give a fu$k what they are, markets will rally hard into the close, and im sure if numbers are off the hook trump will speak very loudly to make it known, maybe a speech from the rose garden.
Add in a possible stimulus deal before they break and damn these markets are going to literally catapult to fresh historical highs.
Nasdaq will have its 8th straight day up and its 33rd record close
S$p and dow to new historical highs by end of August. Dow 30k before election.
Add in a possible stimulus deal before they break and damn these markets are going to literally catapult to fresh historical highs.
Nasdaq will have its 8th straight day up and its 33rd record close
S$p and dow to new historical highs by end of August. Dow 30k before election.
Mmm About the Dow though...Apple is going to split 4:1, so they will go poof on the DOW weight on Aug 31st. So what will be left? UnitedHealth, McDonald's, Boeing? I really hope Boeing gets that Max approval, to offset the new fines they got for some other dumb thing they neglected on their older models. Like keeping them maintained? Heh
Futrues red but will be bright green in 5 minutes.
Will probably have job gains that beat all forecasts
Maybe adding 2.5 million ++
US 30
27,181.0
DERIVED
08:29:10 | Futures
-104.0 -0.38%
US 500
3,332.75
DERIVED
08:29:11 | Futures
-11.50 -0.34%
US Tech 100
11,225.75
DERIVED
08:29:11 | Futures
-35.50 -0.32%
Small Cap 2000
1,538.40
DERIVED
08:29:14 | Futures
-6.10
Will probably have job gains that beat all forecasts
Maybe adding 2.5 million ++
US 30
27,181.0
DERIVED
08:29:10 | Futures
-104.0 -0.38%
US 500
3,332.75
DERIVED
08:29:11 | Futures
-11.50 -0.34%
US Tech 100
11,225.75
DERIVED
08:29:11 | Futures
-35.50 -0.32%
Small Cap 2000
1,538.40
DERIVED
08:29:14 | Futures
-6.10
Let the rally continue
U.S. jobs rise by 1.763 million in July, vs 1.48 million expected
PUBLISHED FRI, AUG 7 20208:30 AM EDTUPDATED MOMENTS AGO
Two months of record-setting payroll growth slowed in July as a rise in coronavirus cases put a damper on the struggling U.S. economy.
The total nonfarm payroll increased of 1.763 million for the month was still better than Wall Street had expected. The unemployment rate fell to 10.2%, also better than the estimates from economists surveyed by Dow Jones.
U.S. jobs rise by 1.763 million in July, vs 1.48 million expected
PUBLISHED FRI, AUG 7 20208:30 AM EDTUPDATED MOMENTS AGO
Two months of record-setting payroll growth slowed in July as a rise in coronavirus cases put a damper on the struggling U.S. economy.
The total nonfarm payroll increased of 1.763 million for the month was still better than Wall Street had expected. The unemployment rate fell to 10.2%, also better than the estimates from economists surveyed by Dow Jones.
The # was meaningless . You don't think the most crooked president in history didn't see the #'s when he tweeted that on wed ? Even if they were bad wouldn't have mattered . Were in the epicenter of the biggest bubble of all time at the moment where greed is bubbling.Hard to understand how new unemployment claims have been over 1 mil 19 weeks in a row and were somehow adding jobs.
Markets want 1 thing. A stimulus deal. And when it happens look for at least a 2-3% humongous rally. Could be deal today or by weekend. The democrats said okay we aren't asking for a $3 trillion package but will do about a $2 trillion one. So I guess they want to meet in the middle.
https://www.cnbc.com/2020/08/07/cor...-bill-stalls-trump-mulls-executive-order.html
https://www.cnbc.com/2020/08/07/cor...-bill-stalls-trump-mulls-executive-order.html
Slick Willy & his Draconian wife have been out of office for quite some time now.... fyi