73029607
commented on
On Wednesday, the nonfarm payroll benchmark will undergo its annual revision, and the market expects a significant downward revision of 500,000 to 1 million jobs, which raises questions about the strength of the jobs market just ahead of Jackson Hole central bank's meeting this week.
1. Why does the nonfarm payroll benchmark need revision?
The usual monthly nonfarm payroll figures are based on sample surveys...
1. Why does the nonfarm payroll benchmark need revision?
The usual monthly nonfarm payroll figures are based on sample surveys...
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73029607
commented on
73029607
commented on
$Amazon (AMZN.US)$ whoever thinks this gonna crash can go suck it!
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73029607
commented on
- Good performance by SPY on Thursday!
- Bears tried to gap down to overcome support of 434 but did not succeed!
- Bulls came in to support at 434 and pushed it back up
- This could be a bull trap
- Friday action needs to overcome 437 and importantly 439 (MA5 yellow); if not, then is right shoulder of a head and shoulder for that breakdown! Neckline 434 !
- Note MA20 green is indeed coming up to 430
My Watch...
- Bears tried to gap down to overcome support of 434 but did not succeed!
- Bulls came in to support at 434 and pushed it back up
- This could be a bull trap
- Friday action needs to overcome 437 and importantly 439 (MA5 yellow); if not, then is right shoulder of a head and shoulder for that breakdown! Neckline 434 !
- Note MA20 green is indeed coming up to 430
My Watch...
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73029607 : careful bears