Markets stabilised by good US jobs data

[Mich the Tester]

But the guy in the blue jacket looks a bit disappointed,

[MarillionFan]

But the guy in the blue jacket looks a bit disappointed,

Who sadly stupid this post turned out to be.

[SantaClaus]

When Bloomberg reported that traders on the NYSE floor were giving the thumbs up to a good jobs report, they were mistaken.

They were actually high fiveing because they had stopped out the retail traders on a whipsaw

[MarillionFan]

Well having checked my portfolio i've wiped out 75% of my profits for the year(April) so far this week. Still in
profit for the year and now poised. Took most of the hit
on two shares but hey ho, so is life.

Either up or roll on 4800.

[suityou01]

Well having checked my portfolio i've wiped out 75% of my profits for the year(April) so far this week. Still in
profit for the year and now poised. Took most of the hit
on two shares but hey ho, so is life.

Either up or roll on 4800.

Well Sasguru did warn you

[MarillionFan]

Well Sasguru did warn you

You got it be in to win it.

Anyway, I quite like these crashes
they sort the men from the boys, the wheat from the chaff the Dimprawns from the Sasgurus.

[AtW]

Well having checked my portfolio i've wiped out 75% of my profits for the year(April) so far this week.

You only have profits when you sell stuff to realise gain - everything else is imaginary.

HTH

[scooterscot]

Wait at minute -

The US economy added 117,000 jobs in July, and the unemployment rate edged down from 9.2 to 9.1%. But the decline in the unemployment rate was due to people leaving the labour force, not finding jobs; and the overall picture of the job market in the US is still terrible. Just 58.1% of the US labour force is employed – as bad as it has been since the recession.

Market turmoil and the economics of self-harm | Mark Weisbrot | Comment is free | guardian.co.uk

[Doggy Styles]

When Bloomberg reported that traders on the NYSE floor were giving the thumbs up to a good jobs report, they were mistaken.

They were actually high fiveing because they had stopped out the retail traders on a whipsaw

Whatever the f*** that means.

Perhaps it was because Blackpool won last night.

[PAH]

Wait at minute -

Yet cretin stockbrokers and market analysts still base 'their confidence' on manipulated figures from the govermin.

I also pissed myself when the news showed them all staring at their screens, twitching and swiping bottles of water off their desk as the values turned red. It's like watching monkeys at the zoo.

Next they'll be going home to their double-barrelled family moaning that their annual bonus is only a few million this year.

Fact is that shares are in companies. If the company performs well the shares should go up and those who invested get a dividend or make profit by cashing in those shares.

The whole world of speculating, shorting, and gambling, causing perfectly sound companies to lose value by these dickheads in London should be illegal. But then the public school boys and girls would have to get proper jobs as their parents don't like them lazying around the mansion getting under feet. That's why they sent them to boarding school in the first place.

Bunch of the lot of them.