Skip to content
  • Categories
  • Recent
  • Tags
  • Popular
  • Users
  • Groups
Skins
  • Light
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Quartz
  • Slate
  • Solar
  • Superhero
  • Vapor

  • Default (No Skin)
  • No Skin
Collapse

The New Coffee Room

  1. TNCR
  2. General Discussion
  3. How about that market?

How about that market?

Scheduled Pinned Locked Moved General Discussion
61 Posts 14 Posters 1.1k Views
  • Oldest to Newest
  • Newest to Oldest
  • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • jon-nycJ jon-nyc

    Oops

    AxtremusA Away
    AxtremusA Away
    Axtremus
    wrote on last edited by
    #31

    @jon-nyc said in How about that market?:

    Oops

    Yeah, saw that one. It’s an unusual, fast changing situation. At this point, I quite believe that there is no malice, and the BLS is doing the best it can.

    1 Reply Last reply
    • jon-nycJ Offline
      jon-nycJ Offline
      jon-nyc
      wrote on last edited by
      #32

      Yeah, for sure.

      Only non-witches get due process.

      • Cotton Mather, Salem Massachusetts, 1692
      1 Reply Last reply
      • jon-nycJ jon-nyc

        Oops

        L Offline
        L Offline
        Loki
        wrote on last edited by
        #33

        @jon-nyc said in How about that market?:

        Oops

        God that article sucks in so many ways. What a disgrace.

        1 Reply Last reply
        • 89th8 Offline
          89th8 Offline
          89th
          wrote on last edited by
          #34

          Now we just need an article blaming common core math.

          1 Reply Last reply
          • George KG Offline
            George KG Offline
            George K
            wrote on last edited by
            #35

            What am I missing here?

            The percentage they reported was an error. I get that.

            But the absolutions number of jobs did increase, right?

            "Now look here, you Baltic gas passer... " - Mik, 6/14/08

            The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

            HoraceH 1 Reply Last reply
            • George KG George K

              What am I missing here?

              The percentage they reported was an error. I get that.

              But the absolutions number of jobs did increase, right?

              HoraceH Offline
              HoraceH Offline
              Horace
              wrote on last edited by Horace
              #36

              @George-K said in How about that market?:

              What am I missing here?

              The percentage they reported was an error. I get that.

              But the absolute number of jobs did increase, right?

              Yes. The real numbers were about half as much of an improvement as the wrong numbers were.

              Edit: I mean the difference between predictions and the real numbers was about half as good. I'm not sure about absolute job numbers, but unemployment did go up.

              Education is extremely important.

              1 Reply Last reply
              • HoraceH Offline
                HoraceH Offline
                Horace
                wrote on last edited by
                #37

                “You can 100% discount the possibility that Trump got to the BLS. Not 98% discount, not 99.9% discount, but 100% discount,” tweeted Jason Furman, the former top economist for former president Barack Obama. “BLS has 2,400 career staff of enormous integrity and one political appointee with no scope to change this number.”

                I think it's a legitimate concern that Trump falsified these job numbers.

                Education is extremely important.

                1 Reply Last reply
                • jon-nycJ Offline
                  jon-nycJ Offline
                  jon-nyc
                  wrote on last edited by
                  #38

                  I don’t.

                  Only non-witches get due process.

                  • Cotton Mather, Salem Massachusetts, 1692
                  1 Reply Last reply
                  • HoraceH Offline
                    HoraceH Offline
                    Horace
                    wrote on last edited by
                    #39

                    I can understand how a rigorous risk analysis of all the factors and potentials involved would indicate a higher chance of Trump usurping the presidency after a legitimate election loss, than Trump fudging the jobs report.

                    Education is extremely important.

                    jon-nycJ 1 Reply Last reply
                    • L Offline
                      L Offline
                      Loki
                      wrote on last edited by
                      #40

                      The market had baked in the correction Friday. The story is bogus.

                      1 Reply Last reply
                      • HoraceH Horace

                        I can understand how a rigorous risk analysis of all the factors and potentials involved would indicate a higher chance of Trump usurping the presidency after a legitimate election loss, than Trump fudging the jobs report.

                        jon-nycJ Offline
                        jon-nycJ Offline
                        jon-nyc
                        wrote on last edited by
                        #41

                        @Horace said in How about that market?:

                        I can understand how a rigorous risk analysis of all the factors and potentials involved would indicate a higher chance of Trump usurping the presidency after a legitimate election loss, than Trump fudging the jobs report.

                        Yep. Both on the incentives and the mechanisms available.

                        Only non-witches get due process.

                        • Cotton Mather, Salem Massachusetts, 1692
                        1 Reply Last reply
                        • HoraceH Offline
                          HoraceH Offline
                          Horace
                          wrote on last edited by
                          #42

                          The tail risk analysis science has spoken. Maybe Taleb is finding a way to bet on 20 years of president Trump as we speak. Or maybe he's betting that Trump fudged the jobs report, only at way higher odds.

                          Education is extremely important.

                          1 Reply Last reply
                          • jon-nycJ jon-nyc

                            Down a little more than that, but I can't tell for sure because I didn't mark the 2/19 high. I only save monthly snapshots. I'm down 4.2% from my peak month-end, which was 12/31.

                            LuFins DadL Offline
                            LuFins DadL Offline
                            LuFins Dad
                            wrote on last edited by
                            #43

                            @jon-nyc said in How about that market?:

                            Down a little more than that, but I can't tell for sure because I didn't mark the 2/19 high. I only save monthly snapshots. I'm down 4.2% from my peak month-end, which was 12/31.

                            So I finally checked, I’m actually up 12.6% over my peak (12/31 too).

                            The Brad

                            1 Reply Last reply
                            • jon-nycJ Offline
                              jon-nycJ Offline
                              jon-nyc
                              wrote on last edited by
                              #44

                              Wow, some good timing on purchases or rebalancing?

                              Only non-witches get due process.

                              • Cotton Mather, Salem Massachusetts, 1692
                              89th8 1 Reply Last reply
                              • LuFins DadL Offline
                                LuFins DadL Offline
                                LuFins Dad
                                wrote on last edited by
                                #45

                                Nothing intentional, though I did put a little into RBGLY (Lysol) in March. They normally trade at $17, but for some reason had dropped to $12 in March. I figured their revenues were going to be through the roof, so why not?) they are trading at $17 again, so that was nice but I didn’t put much in. Mostly the increase was because 12 months ago I shifted to a more aggressive mix and for whatever reason, they’ve recovered exceptionally well since my 12 month low on 3/31.

                                The Brad

                                1 Reply Last reply
                                • jon-nycJ jon-nyc

                                  Oops

                                  LarryL Offline
                                  LarryL Offline
                                  Larry
                                  wrote on last edited by
                                  #46

                                  @jon-nyc said in How about that market?:

                                  Oops

                                  Lets see...

                                  The Washington Post, a rag known for consistently publishing fake news, posts a tweet before the jobs report had even come out claiming the unemployment rate was 20%. Then the jobs report comes out and the unemployment rate actually dropped, and was just over 13%. New jobs bounced higher than even the most optimistic predictions, the Washington Post quickly removes the tweet, then publishes a story about how the report was wrong and the unemployment rate was actually ....20%..

                                  Bwahahahaaaaaaaaaa

                                  Want to buy a bridge in London???

                                  BWWWAAAAAAAAHAHAHAHAAAAAAAAA

                                  1 Reply Last reply
                                  • jon-nycJ jon-nyc

                                    Wow, some good timing on purchases or rebalancing?

                                    89th8 Offline
                                    89th8 Offline
                                    89th
                                    wrote on last edited by 89th
                                    #47

                                    @jon-nyc said in How about that market?:

                                    Wow, some good timing on purchases or rebalancing?

                                    Jumping on VDE was a decent move. I could’ve DCA’d a bit more but still, it’s up nicely.

                                    I also bought a little American Airlines back when my trader friends said to avoid it. I’ve seen a 142% return so far. Bought it at $8.71 a share. Wish I had bought more!

                                    Overall, I’m up about 10% YTD. Could’ve been more but I still have a good chunk of cash on the sidelines since I didn’t expect the initial rebound to stick.

                                    1 Reply Last reply
                                    • jon-nycJ Offline
                                      jon-nycJ Offline
                                      jon-nyc
                                      wrote on last edited by
                                      #48

                                      I heard AA just went to 75% of its old schedule.

                                      Anecdotally, a friend flew LGA-ORD on them Friday and said the plane was 75-80% full. LGA was quiet but ORD busy and half the people not wearing masks.

                                      Only non-witches get due process.

                                      • Cotton Mather, Salem Massachusetts, 1692
                                      JollyJ jon-nycJ 2 Replies Last reply
                                      • jon-nycJ jon-nyc

                                        I heard AA just went to 75% of its old schedule.

                                        Anecdotally, a friend flew LGA-ORD on them Friday and said the plane was 75-80% full. LGA was quiet but ORD busy and half the people not wearing masks.

                                        JollyJ Offline
                                        JollyJ Offline
                                        Jolly
                                        wrote on last edited by
                                        #49

                                        @jon-nyc said in How about that market?:

                                        I heard AA just went to 75% of its old schedule.

                                        Anecdotally, a friend flew LGA-ORD on them Friday and said the plane was 75-80% full. LGA was quiet but ORD busy and half the people not wearing masks.

                                        Incubator.

                                        “Cry havoc and let slip the DOGE of war!”

                                        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                        1 Reply Last reply
                                        • HoraceH Offline
                                          HoraceH Offline
                                          Horace
                                          wrote on last edited by
                                          #50

                                          Futures are up big, again.

                                          Education is extremely important.

                                          CopperC 1 Reply Last reply
                                          Reply
                                          • Reply as topic
                                          Log in to reply
                                          • Oldest to Newest
                                          • Newest to Oldest
                                          • Most Votes


                                          • Login

                                          • Don't have an account? Register

                                          • Login or register to search.
                                          • First post
                                            Last post
                                          0
                                          • Categories
                                          • Recent
                                          • Tags
                                          • Popular
                                          • Users
                                          • Groups