Stock Market/Investing/Day Trading/Speculative Trading Thread

[Dell Husker]

Good morning to all DOGE owners 👀

 

[Red Finger]

Good morning to all DOGE owners 👀

Morning Dell.

 

[Dell Husker]

I’m looking into XRP - thoughts?

 

[Faux Sean Callahan]

 

[BBTown Bomber]

Yeah.....and I opened Roth IRAs for Jim & Helen from Gothenburg today.. 😎👍

.

 

[LoudHogRider]

YUGE miss in the jobs report #'s this morning. Good for the NASDAQ; bad for the DOW.

 

[Faux Sean Callahan]

YUGE miss in the jobs report #'s this morning. Good for the NASDAQ; bad for the DOW.

Great for faux 😎

I wonder why we missed on the jobs number?

I always think that for as long as we have the enhanced unemployment we are going to struggle to get unemployment down and labor participation up.

 

[Faux Sean Callahan]

What do you guys think of peloton?



@Savedatmoney

 

[Faux Sean Callahan]

YUGE miss in the jobs report #'s this morning. Good for the NASDAQ; bad for the DOW.

Matt seems to be a smart guy

 

[Red Finger]

What do you guys think of peloton?



@Savedatmoney

That has to come back doesn't it? Or am I dreaming?

 

[Snockered69]

The brain washing in this country has reached next level. The amount of people who now rely on the government for assistance is absurd.. Granted they are entry level jobs but drive down any main street and nearly every business is asking for workers with large signs.

 

[Red Finger]

The brain washing in this country has reached next level. The amount of people who now rely on the government for assistance is absurd.. Granted they are entry level jobs but drive down any main street and nearly every business is asking for workers with large signs.

For my job I work with several different businesses across different industries. I was just talking with my boss this morning how alarming it is that several of these businesses are looking for employees now.

When you ask them why the answer is always the same. It’s always something along the lines of, “They don’t have to work so we don’t get applicants”. It’s been wild hearing the amount of clients saying the same thing just over the past month.

 

[LoudHogRider]

Great for faux 😎

I wonder why we missed on the jobs number?

I always think that for as long as we have the enhanced unemployment we are going to struggle to get unemployment down and labor participation up.

Larry Kudlow was on the Maria Bartiromo show right after the #'s dropped. He basically said, "Ignore the report". Focus on the jobs that WERE added (something like 288K) and that the ADP and other indicators were way above that reported number. Larry kinda-sorta hinted that the # was political, and that the Democrats would use it to try and bump their current spending plans up from the $4 Trillion towards a $6 Trillion number.

Per the discussion above on the pay-to-stay home employees, the number that was ABOVE the actual jobs added was in the sector that included waiter/waitresses, etc. That sector added 311K jobs, but there were actual losses in other key segments (80 or 88K in manufacturing) that were of bigger interest to Kudlow. Apparently, those jobs ARE being filled and fewer of those folks were staying home and collecting the swollen unemployment compensation plans available to them.

I don't necessarily agree with everything Kudlow says, but he's been following this stuff or a long, long time and has a different perspective than I do. It will be interesting to see how Congress reacts to this in the days and weeks ahead, and to see if there are any "adjustments" made to this report going forward (it's not uncommon to have these snapshot reports adjusted downstream). Still, one helluva "swing and a miss" with respect to forecast vs. actual by this administration.

 

[Faux Sean Callahan]

 

[Faux Sean Callahan]

Larry Kudlow was on the Maria Bartiromo show right after the #'s dropped. He basically said, "Ignore the report". Focus on the jobs that WERE added (something like 288K) and that the ADP and other indicators were way above that reported number. Larry kinda-sorta hinted that the # was political, and that the Democrats would use it to try and bump their current spending plans up from the $4 Trillion towards a $6 Trillion number.

Per the discussion above on the pay-to-stay home employees, the number that was ABOVE the actual jobs added was in the sector that included waiter/waitresses, etc. That sector added 311K jobs, but there were actual losses in other key segments (80 or 88K in manufacturing) that were of bigger interest to Kudlow. Apparently, those jobs ARE being filled and fewer of those folks were staying home and collecting the swollen unemployment compensation plans available to them.

I don't necessarily agree with everything Kudlow says, but he's been following this stuff or a long, long time and has a different perspective than I do. It will be interesting to see how Congress reacts to this in the days and weeks ahead, and to see if there are any "adjustments" made to this report going forward (it's not uncommon to have these snapshot reports adjusted downstream). Still, one helluva "swing and a miss" with respect to forecast vs. actual by this administration.

Kudlow is very interesting. Not sure how long he will have his own show, but he has a lot of knowledge behind him.

Him in an interview is abouT the max I can listen to him.

 

[Faux Sean Callahan]

Most likely will get bought out

This is going to sound different, but I think it would be an interesting company for Netflix to buy.

 

[Faux Sean Callahan]

 

[LoudHogRider]

My daughter has some. When it hit $0.70, I texted her and told her to sell it. Her response: "TO THE MOON!"

Children ... I sure wish they'd listen every once in a while.

 

[BingoDingo]

My daughter has some. When it hit $0.70, I texted her and told her to sell it. Her response: "TO THE MOON!"

Children ... I sure wish they'd listen every once in a while.

Sounds like you raised a smart girl. Only cowards sell!

 

[LoudHogRider]

Sounds like you raised a smart girl. Only cowards sell!

I've tried to edumacate her on the finer points of HODLing vs. having weak hands. It's her $$$, but I did reiterate my suggestion to "sell" and flip the proceeds to Cardano (ADA) and hold it for five years.