The jobs numbers came in much better than expected, sending the gay opera crowd packing with losses. All of you “Peggy the Panickers” can go suck on some “political franks,” as this market spirals higher today. I might have been wrong about an imminent “Broken Robot” melt up higher, but at least I didn’t shit the shower, by way of selling into yesterday’s homofied session.
The bottom line: big productivity gains always lead to job creation. We are seeing the first signs of real improvement in the jobs market. The next leg up in this market will be built around the idea of job creation. As a result, stocks like [[MWW]] will be richly rewarded.
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Cheers, gents. It’s a good day.
fig
Seems odd as the last couple weeks all I have read about in the local paper is new layoffs.
Nice numbers, lets make some coin. Watch gold, me thinks it will start feeling some pain.
DZZ locked and loaded. BGZ calls are probably going to punch my mustache off today. GMCR ticking up. Everything else looks nice and green for Christmas.
Gold is the enemy. Kill the yellow metal.
Seriously, I’ve been watching for a bubble-breaking-esque short opportunity, eventually, in gold. What do you think, Fly?
Don’t short. Just don’t buy it yet.
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Fuck Gold. Go Coffee!
here, here
I’ll drink to that!
I’m heavy long too but see both sides. Still way below yesterdays high. Don’t think we can rally big with the dollar being this strong also.
This “recent” trend of the market going up when the dollar weakens is not the way it normally works. Usually the market goes up when the economy is strong. When the economy is strong the dollar gains. Too many people have been putting too much into the dollar down = market up thesis lately.
Same applies for oil. Yes it goes up when the dollar weakens, but not nearly as much as when the economy kicks into gear. Good economy = more demand for oil. More demand = higher oil price.
Keep it simple.
Don’t watch the Euro for much of a pointer. The key to the Dollar trade seems to be the yen. Yen’s weakening so dollar strength against the Euro should be a little benign me thinks.
Bad news has been good for this liquidity-fueled mkt. The reverse may also be true ..we may see concern today that we will eventually have to pay for money …mkt may have already seen its high for the day.
You can never satisfy some people.
All I keep hearing in my head is that song “Happy days are here again, da da da….”
So hold on a second — all that mea culpa Krull-esque wrist slashing from last night was just obfuscatory counter-gloat all along?
Who’d a thunk it?
Let’s not get too SAM of the Universe, ovah heah, whilst kissing our “pipes.”
Wouldn’t want to have to release any unecessary counter-gloat decoys again.
1122 is the number to watch.
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These jobs numbers might be exactly what we need for the next run up. Jake, what’s the fib above 1122?
1229, approx = 61.8% (that’s my ultimate top, btw).
Seriously, don’t get your hopes up.
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Oh and be sure to be early for the preview of my new opera– “Gold is Done, Piker Carmine.”
It’s a sure sell-out.
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It looks like the down dolla up stocks will be broken decisively today. If this holds, it’s really, really really good.
Oh, and FISAM! Thanks.
Nope, one’s turn’s just preceding the other.
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in aixg while it’s still weak ( weak for aixg ). maybe more than just a day trade, depending on mother market’s mood.
Not impressed with SMH thus far.
Possible scalp short on gap up, the cover and watch.
banking absurd coin on CBD
I took down 16K of my favorite into the close. Looking good!
Employment Stocks: MAN RHI KELYA ADP MWW
MAN tends to outperform MWW.
Any others to add to the list?
Curious about FLY’s call on the Chinese Ag stocks. SEED YONG FEED = ???
Where’s T-Mo(ron)e to tell us how the job numbers are faked? Strangely, though, he never offers up what the real numbers are.
fid