Tomorrow is a big day for Glove-Mitt Romney to fuck with Barax 0bama. The monthly jobs report is due and it is sure to disappoint, as is the custom. However, a bad number will make stocks go higher, much higher. Right now we’re running on virtual cash (no #timestamp); and if the numbers are too strong, I suspect Bernanke will need to bacdafucup off the US economy.
The worst case scenario is a number that is in-line with expectations; no one wants that shit. We need a really fucked up, abysmal, greater depression, type of number to get the cocaine party started. Let’s say the numbers are gorilla strong. Under a “gorilla strong” number, the market will fall under bricks of sell orders; because we don’t want that shit. It will pop, but then get sold-the-fuck-off.
We need to unwind a bit, moonlighting under the roaming splendour that is POMO.
29 Responses to Trading the Jobs Report
We need a pullback…..
P. Petey — this Constanza shit gives me a head ache. I need a bowl of soup for comfort, and I’m afraid the Nazi is going to give me “no soup for you”. FAAAAAHK
you are drunk of the magnitude of your recent yelp win. as well you should be.
If the numbers are ok, then stocks may go down, but the consolation prize is, obama is more likely to be one and done. Only artificial number inflation by ben bernanke will create the perception that obama did well.
Obama’s SS # is being proved totally fraudulent. It doesn’t even pass E-Verify.
This could be the final un-doing.
Fucking inbred weirdo.
Speaking only of your comment and link. You sir might be a wonderful individual.
This country is great – we root for desolation and bad news so our market can go up. George Costanza smiles!
GOD bless America, you peasants.
WNR full !!
I like ribs n AUY!
You would probably make a decent Jeopardy contestant, Fly.
The guitarist at my wedding won a jeopardy episode. And he’s running for local government. Need more of him.
I don’t care about the jobs numbers. I don’t care about Bernanke. I don’t care about QE3. Like I’ve been saying for months, the market is going higher regardless. I just can’t wait for people to stop talking about macro events every five minutes, and then as soon as the news is announced, move on to talking about the .next” macro event. I can’t wait to get back to just trading a market of stocks like I did between 2002 and 2007 where I never had any idea what “the market” had done during the day.
You know it is never like it was.
Exactly. Which is why I find silly that a lot of people expect this summer to be a carbon copy of the past two. I expect a strong summer.
I am sick of people that live in the past. This is not 2002-07. It is 2012.
Put your money where your mouth is. I bet I could flip 3 out of 4 heads.
It was easy not to care about macro events or what the market did from 2002 to 2007, because all it did was go up. The Dow nearly doubled in that time frame before the rug pull. I find it silly that you traded a market of stocks, but had no idea what the market was doing. Equally silly is to scoff at those expecting a carbon copy of the last two summers, while you wait for your repeat of market conditions from 2002-2007.
Random Thought..You know Iran really has power over our elections as strange as it sounds. If they cave in and embargo is lifted, then Gas Prices drop big time and Obama looks like a hero…fwiw, sort of strange set of facts.
U do realize don’t you that clarenc Beaks already HAS tmrws number…
The job number could be zero, no QE3.
Job numbers PLUS dividend pay out may make 7.6 a decent day to enter $GIS.
Target’s near $42-44.
Trade this and the recent farmer drought may cause $GIS to file a BK. You may lose money and go granola (no Birkenstocks).
CMI? looks lower. NAV not throwing in towel and adopting CMI engines? Is this meanigful (other than -$3 to $4?
CNBC now airing 0bama campaign speeches.