Stock Market/Investing/Day Trading/Speculative Trading Thread

[BingoDingo]

So labor force didn't go down?

Yeah, looks like LF did go down. I'm not sure that means anything, but it does look like LF% did drop .1% too.

 

[KidsSeeGhosts]

I can only speak to the tech market, but have pretty good insight on that from our comp consultant that hiring is still as insanely competitive as it's always been for the past 1.5 years or so.

 

[Jim14510]

Yeah, looks like LF did go down. I'm not sure that means anything, but it does look like LF% did drop .1% too.

So what am I missing number of people working effectively stayed the same but number of jobs went up?

Certain segment of people that don't count towards labor force like retired people? Way they calculate it is funky?

 

[Jim14510]

I can only speak to the tech market, but have pretty good insight on that from our comp consultant that hiring is still as insanely competitive as it's always been for the past 1.5 years or so.

Yeah locally there doesn't seem to be any change. If you can't find a job you aren't looking or you're too picky.

 

[BingoDingo]

So what am I missing number of people working effectively stayed the same but number of jobs went up?

Certain segment of people that don't count towards labor force like retired people? Way they calculate it is funky?

Total employed/employment still went up...changes to LF would impact unemployment rates(LF is the denominator). Retired folks, students (hint hint), insane brains and broke folks...they all impact eligibility in LF. I'm not really sure why we are looking at month over month changes in LF though...it doesn't provide any real insight and is subject to churn and seasonality.

 

[Jim14510]

Total employed/employment still went up...changes to LF would impact unemployment rates(LF is the denominator). Retired folks, students (hint hint), insane brains and broke folks...they all impact eligibility in LF. I'm not really sure why we are looking at month over month changes in LF though...it doesn't provide any real insight and is subject to churn and seasonality.

Ok. Labor force is effectively the total available to work including the unemployed. I was equating it with people employed. That's what I was missing.

The ups and downs in the labor force are just # of people wanting to work. Students going back to school, people retiring, etc reduces labor force.

As you said the tweet is poorly worded and it's really not a strange combination.

 

[God is a Husker]

Yeah locally there doesn't seem to be any change. If you can't find a job you aren't looking or you're too picky.

Spot on statement.

We (employers that are hiring) have been fighting for employees for 2 years now.

Our McDonalds is even advertising on their bags that they are hiring full time and part time positions and offering sign on bonuses, loan repayments and other benefits.

PS: don’t ask me how I know about the McDonalds bags… but the McGriddle and bacon egg & cheese was delicious.

 

[BingoDingo]

Spot on statement.

We (employers that are hiring) have been fighting for employees for 2 years now.

Our McDonalds is even advertising on their bags that they are hiring full time and part time positions and offering sign on bonuses, loan repayments and other benefits.

PS: don’t ask me how I know about the McDonalds bags… but the McGriddle and bacon egg & cheese was delicious.

The Sausage Egg McMuffin is fine dining...

 

[Jim14510]

The Sausage Egg McMuffin is fine dining...

This plus a breakfast burrito if I'm really hungry. McDonald's breakfast is fantastic. Their lunch/dinner menu is trash.

 

[Faux Sean Callahan]

PS: don’t ask me how I know about the McDonalds bags… but the McGriddle and bacon egg & cheese was delicious.

Had that this morning and coffee....

2 hours later

 

[Toe]

Meanwhile in the Fox News world...

 

[Toe]

Bloomberg: A Soft Landing in the Economy is Starting to Look More Likely

If we’ve learned anything the past couple of years, it’s that the old economic playbooks are no help for what is happening now. Nobody has any experience with the aftermath of an economy that stops on a dime, jettisons some 17 million from the workforce over two weeks and contracts 31% only to rebound just as quickly on the back of free-money government programs that injected trillions of dollars directly into the pockets of consumers to go along with ultra-easy monetary policy. As such, anyone who expects the economy to follow the usual boom-bust patterns is going to be disappointed. It’s plausible that the old economic models are irrelevant, and we need to find something entirely new to guide us through what is happening.

 

[God is a Husker]

I’ve been too busy lately to be on my day trading slot machine bullshit so I missed ATAO going up to 3 cents now.


Hope you held @Faux Sean Callahan , our Pelosi Penny Stock is gonna take us to the moon and then we save Nebraska football by buying the best players.

 

[God is a Husker]

@Jim14510 The client list and what we charge just went up 10 feet

 

[God is a Husker]

@Jim14510 this guy is ruining the reputation of your first name

 

[Jim14510]

@Jim14510

Wtf did he say? Money market withdrawals?

 

[God is a Husker]

Wtf did he say? Money market withdrawals?

I meant to just link his tweet saying “fuck poor people”

Which is just an insane take right now since all Democrat messaging right now is that this is targeting the 1%.

But this dude is full Leroy Jenkins mode

 

[Jim14510]

I meant to just link his tweet saying “fuck poor people”

Which is just an insane take right now since all Democrat messaging right now is that this is targeting the 1%.

But this dude is full Leroy Jenkins mode

Get dem poors

 

[Faux Sean Callahan]

I’ve been too busy lately to be on my day trading slot machine bullshit so I missed ATAO going up to 3 cents now.


Hope you held @Faux Sean Callahan , our Pelosi Penny Stock is gonna take us to the moon and then we save Nebraska football by buying the best players.

ATAO hit .049 today

 

[God is a Husker]

ATAO hit .049 today

You better be a Diamond hands…