Thread: Job Report (over or under)

Anyone want to guess on the over/under?

Step up, step right up.

The "experts" say 275K.

I say around half.

I hope it's over. If it's over I think stocks will come down hard tomorrow. If we could peel another 2 or 3 percent off the C and S then I think we'd be set up for a decent run in stocks. A report over 300K, coupled with today's wage data and Amazon's miss would be a double whammy.....inflation and higher valuations.

Having said all that, I think the number will come in a little lower.

Dave
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Which report are you referring to?

Thanks

Originally Posted by dell

Which report are you referring to?

Thanks

The employment situation from the nonfarm payrolls report which comes out tomorrow at 8:30am est.

http://mam.econoday.com/reports/US/E.../02/index.html

Jobs report for non-farm payrolls will be north of 350,000 jobs - scare the pants off everybody but the Bulls. This bull market is reacting to a Goldilocks scenario and has longevity to it. I think tomorrow we have an even greater dramatic move in the major market averages confirmed with excellent volume. The Fed has paused - market internals are still strong and this bull run has a long ways to go. Glad to see weak hands heading for the G fund.

The trend of the market is 60% of your decision making process, 30% sector, 10% stock.

Dennis - permabull #2

What are you saying?

You say in one post the fed will pause then this post the job number will be north of 350K. Huh?

Then you say you are going to reallocate money from small caps to large caps because the fed will pause. Huh?

I am confounded by your economic train of thought.

I give ya a hint. If the job number comes in north of 350K the DOW will be down north of 150.

If we have over 350k the dollar will bounce upward and hurt the I fund.
If we're under 250k the dollar will probably weaken and help the I fund.
I'm not sure hoe the Internqational stocks will react, but they usually follow the US. So, if we're below 250k we could have a big day in the "I".
Got my fingers crossed.

Wiz, any chance you could share your stock purchases with us when you first buy them and not when you sell them? As far back as I can remember you've never had a losing transaction. That's the kind of person I'd like to follow.

For what it's worth, I say the jobs report comes in just a tad lower.

Tad lower................

Almost 20% lower. Dollar will gain, interest here may go on up to 5% if we don't slow down. I Fund may not be the place to be today.