Actually not that good a report, just better than expected. 203k new jobs is indicative of a 2-2.5 GDP. During the Reagan recovery job creation approached one million a month. I did expect tapering to begin in March,but today's report suggests it will now be sooner. The economy is improving slowly and fed should start backing off on the money printing. Of course the market will overreact when that happens,then recover.
You obviously know little about the market. The economy is slowly moving forward . The market is in a bad mood now because of the uncertainty of when the tapering will begin. There will probably be a significant correction when it does become fact but certainly no collapse. If you own stocks ,protect yourself with stop loss orders .
Lib group here pressuring L.A. county police agencies to now train their dogs to " find and bark " instead of " find and bite ". Claim too many blacks and Latinos are getting bitten. Perhaps the blacks and Latinos should quit doing so much crime . Or are they racist dogs??LOL
Wonder what happens to shorts when the SEC says everything is in order. LOL
Here in CA it is mostly the old and sick who are signing up. Exactly what Obamacare doesn't want. Also CA has rejected Obama's" fix". What Dumbivan says about CA is totally false.
Doubt Kodak would be involved with them if UNXL was a scam.Made a lot of money day trading this earlier this year on the run to $ 41. Got out in when they had the secondary in May or June. See what happens Monday and may jump back in. Expect it to start moving back up once the panic selling is done.
Tend to agree about the non event but I wouldn't be buying now. Wait until Mon.when the panic subsides.
An L..A. man installed a surveillance camera in his backyard because his female 80 lb Akita was shrieking at night. Film showed his next door neighbor having sex with the dog. Police suspect the neighbor drugged and raped the dog at least three times. Charges are pending.
Not particularly political but this fed policy of QE is not very helpful. The economy is still stagnant while the divide between the rich and poor grows. Easy money allows the rich to continue to accrue wealth in the markets. The middle class and poor are treading water or worse. And as companies reduce working hours to avoid the ACA, things will only deteriorate for those groups.
Last GDP was 2.8. Not inspiring but an improvement. Very slow growth should continue. It's when tapering becomes a reality you will see the mother of all corrections.
Besides missing revenues it also forecast slower sales. I never short stocks but this would be a good candidate for those who do. Better to just move on.
Yesterday they had a piece on DRYS being an excellent buy. Today they said sell immediately. LOL Anyone who makes moves on their advice should lose their money.
Art,must be nice to never make a mistake like Junior and Dumb. I sold 5k shares of PKD in mid Oct.for 6.84 for a small profit. Looked at it today and its at 8.32. If I was as sharp as Junior, I'd still have it......or at least say I do.LOL
Sorry to disappoint you,Junior. I am doing quite well. Don't understand why you would take pleasure in thinking someone you dont know is losing money. Has your life been that unhappy ?? My sympathies.LOL
Listened to the CC yesterday. Not impressed . Seems they over promised and under delivered again. Glad I didn't buy before the CC. It's getting dumped big time today. If it drops to $12.00 I might get interested.