Trading today's jobs report... Your ideas?

[Amith]

your informations are good

 

[David's faith]

There's So much more involved to consider when Day trading economic reports.

It's kind of laughable when I hear people getting ready to simply bet up, if the numbers are good....bet down, if the numbers are bad.
Yea, right...if it were that easy...everyone out there and around would be millionaires practically overnight.

Day trading is a very complicated thing to try to accomplish.
In wrist watch terms, day trading would be a tourbillon, minute repeater, perpetual calendar, grand complication watch. While investing, buying and holding, for the longer time frame horizon of retirement would be a basic Timex.

Daytraders do exist but many of the succesfull ones do trade the rarer stocks that are not institutionally owned which means no algos involved or at least not the beasty ones

 

[David's faith]

Give it a month or two after the extra Federal unemployment pay stops, and then we will have an actual idea of what is happening with the job market. There are plenty of jobs but most don't have the skill set for the better paying jobs.

There will be another program thereafter and another one and another one... Like the debt ceiling