DrStool Posted January 4, 2019 Report Share Posted January 4, 2019 The US economy will stay strong, and the Fed will keep tapping the brakes. We could have a pretty good economy and a horrendous bear market. Link to comment Share on other sites More sharing options...
fxfox Posted January 4, 2019 Report Share Posted January 4, 2019 6 minutes ago, DrStool said: Money talks. And there's not enough money to absob $100 billion a month in Treasury issuance. The SPX will be at 1700 by this time next year. They will create a new refinancing tool ? That‘s why Trump wants Germany to pay much more for NATO. ? Link to comment Share on other sites More sharing options...
Jorma Posted January 4, 2019 Report Share Posted January 4, 2019 Lee, technical question Does the BLM revise the seasonal adjustment formulas on a calendar basis? As in a new formula this month? I would not be shocked if the thumb is going to be on the scales, massively, to the plus side. Link to comment Share on other sites More sharing options...
zero_value Posted January 4, 2019 Report Share Posted January 4, 2019 Sold 1/2 position in UGAZ @42.00 for a +3.50....... Added [email protected] down to @14.75...... Link to comment Share on other sites More sharing options...
DrStool Posted January 4, 2019 Report Share Posted January 4, 2019 Got a sell signal on the 2 day cycle line crossover at 1:20. Just broke the first channel line. Next is at 2525. Link to comment Share on other sites More sharing options...
fxfox Posted January 4, 2019 Report Share Posted January 4, 2019 TRUMP SAYS HE MAY CALL A NATIONAL EMERGENCY TO BUILD WALL VERY QUICKLY Now that guy starts to go completely nuts... It is simply not to believe that hes the pres of the US. Link to comment Share on other sites More sharing options...
Jorma Posted January 4, 2019 Report Share Posted January 4, 2019 1 hour ago, fxfox said: TRUMP SAYS HE MAY CALL A NATIONAL EMERGENCY TO BUILD WALL VERY QUICKLY Now that guy starts to go completely nuts... It is simply not to believe that hes the pres of the US. For what it's worth he has dementia. Link to comment Share on other sites More sharing options...
MisFit Kid Posted January 5, 2019 Report Share Posted January 5, 2019 6 hours ago, Jorma said: For what it's worth he has dementia. The U.S. Has dementia........ Link to comment Share on other sites More sharing options...
DrStool Posted January 5, 2019 Report Share Posted January 5, 2019 17 hours ago, Jorma said: Lee, technical question Does the BLM revise the seasonal adjustment formulas on a calendar basis? As in a new formula this month? I would not be shocked if the thumb is going to be on the scales, massively, to the plus side. Yearly, every February. That's when all the previous 5 years of Nonfarm Payrolls are revised to fit the most recent annual benchmarked data, which, by the way, uses tax data as a big part of the benchmark. I had warned after posting the November tax data that the spike in withholding could lead to a bulge in the December jobs because it came in late November. The jobs survey is as of the 12th of the month. Link to comment Share on other sites More sharing options...
Jorma Posted January 6, 2019 Report Share Posted January 6, 2019 On 1/5/2019 at 7:44 AM, DrStool said: Yearly, every February. That's when all the previous 5 years of Nonfarm Payrolls are revised to fit the most recent annual benchmarked data, which, by the way, uses tax data as a big part of the benchmark. I had warned after posting the November tax data that the spike in withholding could lead to a bulge in the December jobs because it came in late November. The jobs survey is as of the 12th of the month. I'm still pissed I forgot about the jobs number coming out Friday and I suppose other numbers will be good this month too. The jobs numbers only lag Fed words as an excuse to run the market up and down. Link to comment Share on other sites More sharing options...
aussiebear Posted January 7, 2019 Author Report Share Posted January 7, 2019 ---> Monday myopia Link to comment Share on other sites More sharing options...
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