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1 minute ago, Wally Fairway said:

The roller coaster continues

Kevin Hart Totally Loses It When Jimmy Fallon Makes Him Ride A Roller  Coaster | Jimmy fallon, Roller coaster, Funny lists

 

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semiconductors been really rolling over -- about to hit the 200 day moving average (bold white line) -- if anybody wants to take a punt.  industry is in obvious secular growth and short term is heavily undersupply/in-demand. 

big bulls can also go long using SOXL which is leveraged.

im all squeezed out of juice tho 🤒

 

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1 hour ago, Satoshi said:

 

 

1 hour ago, Cheeseweasel said:

No shit. I don't need him to tell me that.

Did he also say "past performance is no guarantee of future returns"?
So in the market stocks do not only go up - STFU

2 green days in a row.  october is seasonally bullish.  i think we're setting up for a big rally.  let's close this fucking month on bigly green

 

If only Trump were hear to guide us to ever new heights.

dont look now but SPX futures are rallying after hours, and just breaking out of the local top from last week (4370).  a ride to 4480 would be nice to end the week

3 hours ago, Cheeseweasel said:

FOMO is strong with this market. 

along with the heavy hand of TINA

pushed some more chips in for a friday rally.  can we get a modest +35 points on spx?

Edited by 52-80

On 10/6/2021 at 4:01 PM, Sbbruin said:


If only Trump were hear to guide us to ever new heights.

*here

This could get rough...

 

September jobs report misses expectations with just 194,000 new payrolls

18 minutes ago, Cheeseweasel said:

This could get rough...

 

September jobs report misses expectations with just 194,000 new payrolls

bad news only makes the market go up
(past performance is no guarantee of future results)

2 hours ago, Incredulity said:

*here

Did I really write “hear”?  
 

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1 hour ago, Cheeseweasel said:

This could get rough...

 

September jobs report misses expectations with just 194,000 new payrolls

Counterpoint:

 

Quote

 

The headline jobs number in the September employment report was well below expectations, however employment for the previous two months was revised up significantly.   The participation rate declined, and the unemployment rate decreased to 4.8%.

Leisure and hospitality gained 74 thousand jobs in September.  In March and April of 2020, leisure and hospitality lost 8.2 million jobs, and are now down 1.6 million jobs since February 2020.  So leisure and hospitality has now added back about 80% of the jobs lost in March and April 2020.
 
Construction employment increased 22 thousand, and manufacturing added 26 thousand jobs.
 
NOTE: State and Local education lost 161 thousand jobs, seasonally adjusted, versus expectations of a solid gain.  This was a key contributor to the weak job report.

 

 

 

2nd straight month of hard-to-explain large declines in state and local education employment. Suggests BLS having trouble with seasonal adjustment factors and that numbers will be revised higher in subsequent reports.

 

4 minutes ago, Storm the Field said:

2nd straight month of hard-to-explain large declines in state and local education employment.

Seems really easy to explain if you think about it. /nocr

On 10/6/2021 at 7:16 PM, 52-80 said:

dont look now but SPX futures are rallying after hours, and just breaking out of the local top from last week (4370).  a ride to 4480 would be nice to end the week


Quote

pushed some more chips in for a friday rally.  can we get a modest +35 points on spx?

were you talking about this week?

Edited by Wally Fairway

3 minutes ago, Storm the Field said:

Do tell. 

Some of this is teachers (a field dominated by women) who are not returning to the workforce post pandemic. Most of it is bus drivers, cafeteria workers, janitors, etc. who are getting better deals elsewhere or are staying at home.

 

20 hours ago, Wally Fairway said:

along with the heavy hand of TINA

You keep my sister out of it.

2 minutes ago, Cheeseweasel said:

Some of this is teachers (a field dominated by women) who are not returning to the workforce post pandemic. Most of it is bus drivers, cafeteria workers, janitors, etc. who are getting better deals elsewhere or are staying at home.

 

I know my kid's school is short on drivers

23 minutes ago, Viper said:

I know my kid's school is short on drivers

Nearly every district in the state is short on teachers, drivers, and other staff positions.  Good damn luck finding substitute teachers right now as well.  

1 hour ago, Wally Fairway said:

 

were you talking about this week?

still got 4 hours to go!

57 minutes ago, 52-80 said:

still got 4 hours to go!

I, personally, owe you an apology - clearly you would have made money on this if I had some puts expiring today. 

Well today ended up sucking.  Got busy and hadn't looked for a few hours...got damnit.

it was a very promising morning.  something like 40 points up an hour in, and then market gave it straight back :(

7 minutes ago, 52-80 said:

it was a very promising morning.  something like 40 points up an hour in, and then market gave it straight back :(

I think this is gonna be one of those weeks where things start to catch up on us.  

On 10/8/2021 at 11:12 AM, Viper said:

I know my kid's school is short on drivers

Same here. Signs at literally every school where my kid goes to in VA says now hiring bus drivers.  He said his buses are so packed and the routes have gotten so long he’s just started walking to school 2 miles away.  

On 10/12/2021 at 10:02 AM, Sgt Hulk said:

Same here. Signs at literally every school where my kid goes to in VA says now hiring bus drivers.  He said his buses are so packed and the routes have gotten so long he’s just started walking to school 2 miles away.  

Uphill both ways?

We back with a fucking vengeance. Gold went ballistic today as well

1 hour ago, Fudge Nuggets said:

Uphill both ways?

In the snow!

3 hours ago, 52-80 said:

We back with a fucking vengeance. Gold went ballistic today as well

Definitely another sign of deflationary headwinds.

Definitely another sign of deflationary headwinds.

Or inflationary tailwinds

going long in Russell 2000 futures.  its time for this badboy to finally break out

I’m an elementary school principal. I have teaching positions sitting vacant at what is typically a desirable, easy to staff school.

1 minute ago, Larry T. Spider said:

I’m an elementary school principal. I have teaching positions sitting vacant at what is typically a desirable, easy to staff school.

Any insight into why? Lack of applicants? Lack of qualified applicants? Pay too little? COVID fears?

6 minutes ago, FirstTimeCaller said:

Any insight into why? Lack of applicants? Lack of qualified applicants? Pay too little? COVID fears?

A lot of people left the profession over the last couple of years. People with enough years to retire chose to do so in larger numbers than usual. It’s always been a hard job in relation to the pay, but it’s gone too far and people are bailing. It’s actually true for administrators as well.

Ah, wasn't thinking that way. So people jetted and having trouble refilling spots. Been hearing that retirements have gone through the roof, along with the oft-mentioned quits.
 

1 hour ago, FirstTimeCaller said:

Ah, wasn't thinking that way. So people jetted and having trouble refilling spots. Been hearing that retirements have gone through the roof, along with the oft-mentioned quits.
 

A lot of teachers walked into new state expectations they weren’t expecting this year and have announced they are retiring in December. Don’t see it getting better for a while because there won’t be enough new grads to replace them.

I know it’s not your call and it’s no slight on you but maybe if school districts valued teachers over football stadiums they could pay enough to never worry about vacancies.  Hell, in my perfect world teachers would be about the highest paid profession in the country.

what the hell does public school teaching have to do with adults losing money gambling in the financial markets?

11 minutes ago, 52-80 said:

what the hell does public school teaching have to do with adults losing money gambling in the financial markets?

Butterfly effect?

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