NFPayroll

[luckyd1976]

Any thoughts on today NFP???

How would you play it? (FX, Eminis, and or Equities)

 

[JTrader]

Any thoughts on today NFP???

How would you play it? (FX, Eminis, and or Equities)

I'll let you know at about 1400. I may even post a screenshot...

 

[bbmac]

-240k last, -320 to -340 seems the consensus forecast, ADP going with -250k (ADP an acronym for Another Dreadful Projection.) I always look on the news feeds leading up to see if they are wheeling anyone out in the immediate post-data release to give Tv/news channel interviews, because it is sometimes a good leading indicator to a bad number. That said, I'm guessing this Bush administration have probably stopped caring, lol.

I wonder though whether the admission that U.s has probably been in a recession for past year is warning of a bad #, or whether the Election hype and Bush/Paulson recent fiscal interventions impacted by way of a confidence bounce?

As for how to play it, conevtional wiisdom suggest

-150k and below buy $
-150 to -300k await a clear direction if seen
-300k+ sell $

but these are not conventional times and markets haven't been acting conventionally
We'll know sooon enough.

G/L

 

[luckyd1976]

Here we go. Watch the revisions

Good Luck

 

[luckyd1976]

-533k US Jobs
+100k to revisions

 

[BSD]

Worst since 70's or what...

Wowza !

Not good !

 

[zupcon]

Any thoughts on today NFP???

How would you play it?

I wouldnt / didnt !

 

[luckyd1976]

NFP for ShortTerm FX traders, can be disasterous. So i would never recommend it.

I'm thinking of starting a NFP ETF strangle position though and Im going to start working out all the details here online.

 

[N Rothschild]

worst job losses in 40 years etc, now watch the market rally!! haha

 

[luckyd1976]

worst job losses in 40 years etc, now watch the market rally!! haha

Knowing my luck right now, Probably

 

[N Rothschild]

goes without saying, bad news = rally good news = sell off lol

 

[N Rothschild]

told u

 

[N Rothschild]

sell off for F SAKE

 

[luckyd1976]

Hope ya didnt take to much of a hit...

 

[N Rothschild]

nah not to bad mate

 

[MrGecko]

Invariably Spam; but...

if you look at the Employment situation report in detail, somewhere in the household data is a breakdown of how many people are working from home / self employed / etc... can act as a leading indicator for an improving job market (followed by overtime, then temp workers, and then the headline figures).

You have to read in between the lines, of course, but table A-5 is where i think the info is...

____________________________________________________________________

I tried to post this as a quick reply to a Spam post about working at home but it got deleted before I had the chance to post... figured here is the most appropriate place to stick it.

 

[KillPhil08]

Also a bit of spam - Mr G where have you been??