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Traders Are Blaming Thursday's Big Sell-Off On 1 Stat (DJIA -317)
BI ^
| 7-31-2014
| Sam Ro
Posted on 07/31/2014 3:05:04 PM PDT by blam
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To: Westbrook
“... the suckers are selling during a run, and the smart people are buying....”
*************************************************************************************
I guess you didn’t get your sell orders in early enough?
21
posted on
07/31/2014 4:25:07 PM PDT
by
House Atreides
(ANOTHER CONSERVATIVE REPUBLICAN FOR CHILDERS 2014 .... Don't reward bad GOPe behavior.)
To: House Atreides
> I guess you didnt get your sell orders in early enough?
Nope.
I’ll ride it out.
I’ve ridden it out before.
So far, so good.
22
posted on
07/31/2014 4:32:07 PM PDT
by
Westbrook
(Children do not divide your love, they multiply it.)
To: Chgogal
Just saw that article in my email. Interesting. Another sign that the Fed will continue the taper which is seen as bad news by the Street... Not sure I agree that it’s bad news but...
To: Wyatt's Torch; Chgogal
Today's drop was not all that newsworthy (imho) as it's the kind of thing we see every few months, but the ECI jump has raised quite a few of my eyebrows --especially when I looked at it along with the employment/population ratio:
.
There's a lot of things we can say is happening to explain this:
- ECI is volatile and can plunge right back down next quarter
- the ECI's telling us that hiring's about to pick up big-time
- labor costs are jumping w/o employment increases because of o'care
- labor costs are jumping w/o employment increases because min. wage hikes are forcing those hiring to compete for a shrinking pool of hyper productive employees
- we're seeing a cultural shift where the new normal is millions of people are choosing to live w/o working.
To: SaxxonWoods
Fake 4% GDP
Fake 6.2% unempl
Inflation on groceries and gas and no spending money...velocity coming to a halt. Part time jobs only.
Gold and silver price manipulated.
Duh.
No, thats all meaningless. The people who move the market already knew all those things, just like you.
Try again.
Criticism is cheap. So put up. What is your take?
To: blam
A hike in the minimum wage will do that to ya......
To: blam
Government pension flow into the FCGPDJ, Fascist- Contractors-Government-Pension Dow Jones, just can’t keep Extorting enough from the independent sector, as they are trying to do with Extortion-Care.
27
posted on
08/01/2014 12:29:48 AM PDT
by
Varsity Flight
(Extortion-Care is the Government Work-Camp: Arbeitsziehungslager)
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