Bearman Posted May 2, 2003 Report Share Posted May 2, 2003 unemployment should come in over 6% Link to comment Share on other sites More sharing options...
chibear Posted May 2, 2003 Report Share Posted May 2, 2003 Good mornin'. No AM Trading today? FWIW (EDT): 8:30 am: Average Workweek for April, prior 34.3, consensus 34.2 8:30 am: Hourly Earnings for April, prior 0.1%, consensus 0.2% 8:30 am: Unemployment Rate for April, prior 5.8%, consensus 5.9% 8:30 am: Nonfarm Payrolls for April, prior -108K, consensus -58K 9:45 am: Mich Sentiment-Rev for April, prior 83.2, consensus 10:00 am: Factory Orders for March, prior -1.5%, consensus -1.2% Link to comment Share on other sites More sharing options...
BeerMarket Posted May 2, 2003 Report Share Posted May 2, 2003 unemployment should come in over 6% good calls stoolies - rate is 6%, but "only" lost 48K jobs instead of expected 68K - up go the futures! Link to comment Share on other sites More sharing options...
Bearman Posted May 2, 2003 Report Share Posted May 2, 2003 6% hope they dont turn off Globex Link to comment Share on other sites More sharing options...
Tchaikofsky Posted May 2, 2003 Report Share Posted May 2, 2003 THE EMPLOYMENT SITUATION: APRIL 2003 The unemployment rate rose to 6.0 percent in April, and nonfarm payroll employment edged down by 48,000, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. In April, job losses continued in manufacturing, some travel-related industries, and department stores. Unemployment (Household Survey Data) The number of unemployed persons increased to 8.8 million in April, and the unemployment rate rose from 5.8 to 6.0 percent. The unemployment rate has ranged from 5.6 to 6.0 percent since November 2001. The unemployment rate for adult men increased by 0.3 percentage point to 5.6 percent in April. Jobless rates for adult women (5.1 percent), teenagers (18.0 percent), whites (5.2 percent), blacks or African Americans (10.9 percent), and Hispanics or Latinos (7.5 percent) showed little or no change. The unemployment rate for Asians was 5.8 percent, not seasonally adjusted. (See tables A-1, A-2, and A-3.) Total Employment and the Labor Force (Household Survey Data) Total employment, as measured by the household survey, edged up to 137.7 million in April; the employment-population ratio was essentially unchanged at 62.4 percent. The civilian labor force increased by 680,000 over the month to 146.5 million, after seasonal adjustment. The labor force participation rate rose by 0.2 percentage point to 66.4 percent, 0.7 percentage point below the rate at the start of the recession. (See table A-1.) In April, 4.8 million persons were working part time even though they would have preferred a full-time schedule. The number of such workers increased by about 600,000 over the year. (See table A-5.) Link to comment Share on other sites More sharing options...
wndysrf Posted May 2, 2003 Report Share Posted May 2, 2003 Looks like I missed out on all the Globex drama yesterday. Glad I wasn't around for the afternoon shaft. Best to turn off the computer for the next week and wait for the VIX and VXN to roll up. My guess is that more stop sweeping spikes are coming. Commodity Robot Programs are probably having fits lately. Link to comment Share on other sites More sharing options...
BeerMarket Posted May 2, 2003 Report Share Posted May 2, 2003 STEM more than doubling pre-market on pre-clinical results. Bubble II: how big? Link to comment Share on other sites More sharing options...
GregFokker Posted May 2, 2003 Report Share Posted May 2, 2003 Bid 27.77, ask 27.78, last 27.81 for 3 minutes. This market is completely busted. No point even watching it. I'll simply hold those puts and take what's left at the end. Why bother? Link to comment Share on other sites More sharing options...
Miss Moneypenny Posted May 2, 2003 Report Share Posted May 2, 2003 unemployment should come in over 6% good calls stoolies - rate is 6%, but "only" lost 48K jobs instead of expected 68K - up go the futures! Yes, but they're really struggling to make much progress....could it be a sign that the top is near? I would've expected a blast off after yesterday's screw-the-Globex-shorts-cause-they-can't-get-out rally. Oh my -- as I type -- they're now DOWN! Go Baby Go! Link to comment Share on other sites More sharing options...
alceringa Posted May 2, 2003 Report Share Posted May 2, 2003 Good luck in your trading today, Stoolies. I'm turning in. Link to comment Share on other sites More sharing options...
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