Comments on: Job Openings vs Unemployed

By: Conservative think-tank reveals the real reason for high unemployment « Stocks Go Up. Stocks Go Down.

Sat, 13 Jun 2009 13:47:54 +0000

[...] What of this? Oh yeah, facts don’t matter in the world of conservative think-tanks: [...]

By: TheTradingReport » Blog Archive » Unemployment Is Going to Keep Rising for Quite a While…

Fri, 05 Jun 2009 18:52:28 +0000

[...] Job Openings vs Unemployed: [...]

By: Ready for a Greenback Rebound? | Red Hot Energy and Gold

Ready for a Greenback Rebound? | Red Hot Energy and Gold — Thu, 04 Jun 2009 11:37:14 +0000

[...] Hat-tip: The Big Picture [...]

By: Pat G.

Pat G. — Wed, 03 Jun 2009 23:03:24 +0000

Like wow man, that red and blue graph is so…psychedelic. Get those “green shoots” away from me. lol

By: thetanman

thetanman — Wed, 03 Jun 2009 22:44:19 +0000

The sentiment here is actually pretty sunny-in a relative sense. A week ago, if you wrote something positive or not bearish enough, you got your head torn off. In fact, we might be at irrational exuberance levels-again in a relative sense.

By: call me ahab

call me ahab — Wed, 03 Jun 2009 22:33:22 +0000

from Jesse’’s Americain’ Cafe-

ADP: Department of Records Revision

“April’s reading was revised to show a reduction of 545,000 workers, up from a previous estimate of 491,000.”

Is an 11% month over month change in an employment number a revision or a rewrite?

The ADP report is supposed to be based on actual reports from private industry.

This pervasive pattern of ‘good numbers’ that result in stock market rallies and the massaging of public opinion, only to be replaced by downward revisions thirty days later, with little notice or quote, is cynical manipulation of the media at best, and a dangerous slide into social engineering by an increasing distortion of ‘reality’ at worst.

If you have not read the novel or seen the movie lately, 1984 is worth a look.

By: Onlooker from Troy

Onlooker from Troy — Wed, 03 Jun 2009 22:16:28 +0000

Thanks ben. I really am trying to figure this out, and I realize the disconnect from fundamentals can continue. The dollar relationship and dynamics are at the heart of things so I’m trying to make sure I understand, as best as possible.

I suppose the market could continue to 1000 based on the “gotta get in” crowd even as the dollar firms. It’s only about 7% up from here. It just seems hard for that to happen as commodities weaken. Could the banks get hot again after their secondaries are done? I suppose. Something else other than energy and other commodities will have to get hot for that to happen.

Maybe the REITs Damn things just wouldn’t go down today. Weird day.

By: greg

greg — Wed, 03 Jun 2009 21:59:32 +0000

dead hobo….there is nothing really different about this market than markets of the past. The market hasn’t really been about fundamentals since the late 90’s. You may have thought it was, like when the Banks were all rising on great earnings, but we now know the earnings weren’t really earnings at all.
So we are in the market for the same reasons as always…to make money. You just gotta take what the market gives you, beside how boring would it be if the thing strictly moved on fundamentals?

By: Mr. C. Cheese

Mr. C. Cheese — Wed, 03 Jun 2009 21:52:38 +0000

Guess Mrs. Cheese will still be ‘Dancing the Cootch’
I tell her it won’t be for long. But after looking at this char…..t I don’t have the heart to tell her.

By: dead hobo

dead hobo — Wed, 03 Jun 2009 21:37:15 +0000

I really don’t understand why anyone would use any predictive tools to play this market. I thought the game was over after the bankruptcy rally but I may have been wrong. Since this rally is substantially manufactured, I don’t understand why any of you would even be in the market, since the close is contrived and so has been much of the daily activity. If there were massive asset balloons that weren’t going to explode for years, I’d be right in there. This market only has upside only if the volume players bring it in. I’m guessing Uncle Stupid has made it illegal for TARP recipients to short the market and virtuous to stop shorts from bringing it down. The stock market is currently an abomination.