That's part, and another part is how long do we want to wait to fill the position, and still another factor is how much do we want to look. Let's face it, current market conditions are in turmoil and everyone's got complaints.
Let's say I have $25,000 in cash and I want a brand new 2 door German coupe with leather and all the options. I will ONLY pay $25,000 that's it. The Audi, Mercedes-Benz and BMW dealers all turn me down and have nothing for me at that price.
Then I go public complain there are no German cars available. There is a shortage of qualified cars out there.
Stupid.
A very good morning to you! Yesterday saw stocks getting knocked down a percent in rising volume and today's stock futures are positively schitzoid --these futures contracts foretell a -1.08% drop while these others are glowing about huge gains to come. The markets may be uncertain and indecisive but I don't know and I may change my mind on that.
Metals are stable and boring though, current prices are basing while futures trades are going up +1.62%.
Reports on unemployment claims coming out any minute:
8:30 AM Initial Claims
8:30 AM Continuing Claims
8:30 AM Import Prices ex-oil
8:30 AM Export Prices ex-ag.
10:30 AM Natural Gas Inventories
If anyone needs me I may be over at a related thread: Factory Workers Are The New Burger Flippers, Study Shows.