FWIW a dude on cnbc just cameout and said if jobs come in strong (280k or better) it means rate hike. if weaker than no rate hike in September. I think we want weak but who the hell knows how the market will react in either event.
And these guys actually get a paycheck???
just looked it up on Fidelity. This probably isn't even current since the information is not updated daily. Thus 40% may be more in line given the last 8 sessions. Can we say "wow!" Short covering is going to be explosive! I can't wait to get thru September!
U.S. auto and trucks report at 5 p.m. today
I think its the last sector to still show a gain for the year thus the big boys are beating it down. REGN got downgraded today based on valuation. Why downgrade now instead of at the highs? Manipulative move imo!
Its China baby! In a few weeks China will be off the table then we'll be back to focus on fed move again!
Apple has notified media outlets of an invitation-only event to be held at the Bill Graham Civic Auditorium in San Francisco on Wednesday, Septmeber 9th at 10am PDT.
The invitation melds Siri graphics with the iconic Apple logo and the text “Hey Siri, give us a hint.”
News that Apple’s event would be held at the cavernous Bill Graham Civic Auditorium (max. 7,000 person capacity) instead of the usual, much smaller Yerba Buena Center for the Arts (max. 750 person capacity) in San Francisco had leaked prior to Apple’s invitation mailing.
Watching today's action I'd say more influenced today by oil inventories. Market was gliding along well until they released those numbers then shaaabammm. Oil drops and market dipped alongside. I wish to hell they would refrain from these reports until the market comes back.
Shanghai index only fell 1.7%. Much better than the 7% we've seen.