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09/06/2013 Live Update

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Cobra
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09/06/2013 Live Update

Post by Cobra »

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Looks like a very good job data, not sure if it'd be faded because a good job data would mean QE tapering...
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Cobra
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Re: 09/06/2013 Live Update

Post by Cobra »


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Out of Bounds
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Re: 09/06/2013 Live Update

Post by Out of Bounds »

Jobs report missed.
...
johnnywa
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Re: 09/06/2013 Live Update

Post by johnnywa »

Good jobs data??? Bad job data ,10 yr plunge and futuers took off on bad jobs report!
wayne0708
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Re: 09/06/2013 Live Update

Post by wayne0708 »

Looking like upper channel will be a good target for today.
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fehro
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Re: 09/06/2013 Live Update

Post by fehro »

SPX 5m, 15m.. the upper cyan line is from the highs from the all time highs..
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DellGriffith
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Re: 09/06/2013 Live Update

Post by DellGriffith »

Hey guys, thanks Cobra for all the chart work you do. Its entertaining and helps keeps me engaged in investing on a day to day basis.

I do have a question about the job data. Isn't it true that an inordinate amount of the jobs being created are low-wage? Shouldn't that fact be more important than the number of jobs created? Is there anything in the charts that suggests job creation numbers aren't having an impact on the markets as they should since 2008? Or do investors really not care what kind of jobs get created as long as the number improves?
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
fehro
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Re: 09/06/2013 Live Update

Post by fehro »

DellGriffith wrote:Hey guys, thanks Cobra for all the chart work you do. Its entertaining and helps keeps me engaged in investing on a day to day basis.

I do have a question about the job data. Isn't it true that an inordinate amount of the jobs being created are low-wage? Shouldn't that fact be more important than the number of jobs created? Is there anything in the charts that suggests job creation numbers aren't having an impact on the markets as they should since 2008? Or do investors really not care what kind of jobs get created as long as the number improves?
I'd start here : http://www.ritholtz.com/blog/2013/09/no ... fed-oh-my/
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gappy
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Re: 09/06/2013 Live Update

Post by gappy »

Hightower morning blurb. GLTA.
Capture.PNG
‘the petrodollar is our currency and our problem’....Gappy
johnnywa
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Re: 09/06/2013 Live Update

Post by johnnywa »

DellGriffith wrote:Hey guys, thanks Cobra for all the chart work you do. Its entertaining and helps keeps me engaged in investing on a day to day basis.

I do have a question about the job data. Isn't it true that an inordinate amount of the jobs being created are low-wage? Shouldn't that fact be more important than the number of jobs created? Is there anything in the charts that suggests job creation numbers aren't having an impact on the markets as they should since 2008? Or do investors really not care what kind of jobs get created as long as the number improves?
johnnywa
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Re: 09/06/2013 Live Update

Post by johnnywa »

Market does not care whether full or part time jobs,All though wonder when the market figures out there is the point of no return on QE3 that has not helped job market,are we creating another equity bubble again
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DellGriffith
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Re: 09/06/2013 Live Update

Post by DellGriffith »

johnnywa wrote:Market does not care whether full or part time jobs,All though wonder when the market figures out there is the point of no return on QE3 that has not helped job market,are we creating another equity bubble again
I feel lost looking at the premarket surge on this jobs number haha.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
johnnywa
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Re: 09/06/2013 Live Update

Post by johnnywa »

me too
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Re: 09/06/2013 Live Update

Post by Out of Bounds »

DellGriffith wrote:
johnnywa wrote:Market does not care whether full or part time jobs,All though wonder when the market figures out there is the point of no return on QE3 that has not helped job market,are we creating another equity bubble again
I feel lost looking at the premarket surge on this jobs number haha.
Look now! :lol: :lol:
...
fehro
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Re: 09/06/2013 Live Update

Post by fehro »

PUTIN says Russian to Assist Syria in case of external attack
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BullBear52x
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Re: 09/06/2013 Live Update

Post by BullBear52x »

:shock: :o
My comments are for entertainment/educational purpose only. NOT a trade advice.
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Cobra
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Re: 09/06/2013 Live Update

Post by Cobra »

Wow, what happened? it's an interesting morning. :shock:
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Out of Bounds
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Re: 09/06/2013 Live Update

Post by Out of Bounds »

Now this is how September is supposed to run. Longs should have exited last week.
...
uempel
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Re: 09/06/2013 Live Update

Post by uempel »

Yesterday's chart:
SPX03.png
uempel
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Re: 09/06/2013 Live Update

Post by uempel »

Tune in on CNN or CNBC - Obama about to talk in St. Petersburg
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