Non farm payroll
NFP is higher than expectation. This is bad news for the Fed, and could potentially mean inflation remains high.
Yet, premarket is up now. No sign of weakness. Is it because buyers have dried up? Or is this a pre market bull trap?
Will be interesting to see how the market moves later
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razo2 : options day also...
Warren E Buffett : Haven’t yet had time to min/max the profit/loss ratio for the open $SPDR S&P 500 ETF (SPY.US)$ options expiring today, but the prevailing MM play has been to manipulate prices into a sweet spot for them to shore up their outstanding contracts
Mob-Town-Bulls : Bull trap I'm guessing let the hunger games begin
102175775 : buyers or sellers?
Violets : yeah I guess they just wipe out puts for the heck of it. shake my head
Cow Moo-ney OP Warren E Buffett : that's right - sweet spot to wipe out both call and put options
Cow Moo-ney OP Mob-Town-Bulls : Nice hammer there haha
raysun : But Unemployment rate is high than expected
102137116 Cow Moo-ney OP : Is it confirmed up?
Cow Moo-ney OP 102137116 : Nothing is confirmed in the stock market haha
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