Trading the Jobs Report

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.

Previous Posts by The Fly
VANQUISHED
20 comments
Fly Buy: JCP
3 comments
SIZZLE
17 comments

29 Responses to Trading the Jobs Report

muktukchuck says:

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

Reply
Mad_Scientist says:

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.

Reply
kelkun says:

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.

Reply
Rabbit says:

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.

Reply

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.

Reply
Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D. says:

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).

Reply
hitter says:

CMI? looks lower. NAV not throwing in towel and adopting CMI engines? Is this meanigful (other than -$3 to $4?

Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

*

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


Major US US Futures Europe Asia Commodities 2yr Euro Yields 10yr Euro Yields Oil
  • DOW 15,318.20 0.91%
  • NASDAQ 3,482.18 0.87%
  • S&P 500 1,651.81 0.78%
  • VIX 16.61 -1.13%
  • SPX 500 (CFD) 1,648.60 -0.19%
  • DOW (CFD) 15,295.00 -0.15%
  • NASDAQ 100 2,992.10 -0.13%
  • EURUSD 1.339 -0.03%
  • UK 6,374.21 0.69%
  • GERMANY 8,229.51 0.17%
  • FRANCE 3,860.55 -0.08%
  • SPAIN 8,180.20 0.54%
  • H. KONG 20,965.00 -1.23%
  • JAPAN 13,121.50 0.88%
  • KOREA 1,886.48 -0.74%
  • SHANGHAI 2,126.47 -1.52%
  • NAT GAS 4.16 0.17%
  • GOLD 1,364.60 -0.15%
  • SILVER 21.92 1.10%
  • COPPER 3.16 0.21%
  • FRANCE 2YR 0.19 -10.90%
  • GERMAN 2YR 0.18 27.74%
  • ITALIAN 2YR 2.18 27.59%
  • SPAIN 2YR 2.81 8.21%
  • FRANCE 10YR 2.13 1.96%
  • GERMAN 10YR 1.57 3.22%
  • ITALIAN 10YR 4.29 0.52%
  • SPAIN 10YR 4.55 -0.68%
  • WTI 98.35 -0.09%
  • BRENT 106.01 -0.01%
  • WTI/BRENT 7.66
  • 321 CR SPR 21.96 10.04%