Fake US Job report - Friday June 5th

Discussion in 'Markets & Economies' started by silverhair, Jun 6, 2020.

  1. silverhair

    silverhair Well-Known Member

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    Its not like trump has been telling the truth of late, why start now?
     
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  2. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    No, really?! Who would've thought Donald lied...
     
  3. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    Now I know soooo many stupid US ppl as market keeps climbing another 200 points.
     
  4. heartastack

    heartastack Well-Known Member Silver Stacker

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    Gammon tweet.PNG


    Market is in euphoria. Unbelievable. The history books won't be believed.
     
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  5. slavaja

    slavaja Well-Known Member Silver Stacker

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    This is a suckers rally.
     
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  6. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    FAKE NEWS!!!!!!!
     
  7. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    yey you could have made 100% + (or much more) on some stocks in this so called "suckers" rally
     
  8. leo25

    leo25 Well-Known Member Silver Stacker

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    Interesting how overly optimistic everyone is with the stock market, makes me a bit worried. But then again central banks are saying they will put a floor in the market with an unlimited amount of money.

    It's funny because we are told all the time we live in a capitalism system, sometimes i forget it's really closer to a socialist system.
     
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  9. JulieW

    JulieW Well-Known Member Silver Stacker

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    Time to go further into gold methinks!
     
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  10. slavaja

    slavaja Well-Known Member Silver Stacker

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    I have with the gold miners
     
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  11. silverhair

    silverhair Well-Known Member

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    Tracking the spot price of gold the last week on comex, its as though certain groups knew the jobs report would be blowing positive looking numbers out as the price dropped from 1740 down to 1680 over 4 or so sessions...It seemed to start its drop even before the BLS report was published officially speaking....

    and now the wise have pulled the numbers apart, clearly identifying the lies from Trump administration ( its closer to 19% unemployment btw) the price has started its upward ascent once again.

    interesting times these.....

    as for every man and his dog diving into the market head first, I wish them all luck and sure its been hard for me to restrain myself from buying what looks like cheap stocks but I cant for the life of me put a value on 90% of the stocks I am watching so how the heck do I know if they are cheap or not?
     
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  12. slavaja

    slavaja Well-Known Member Silver Stacker

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    Most stocks are aren't cheap but there a few that have been hit when it probably shouldn't have.
     
  13. silverhair

    silverhair Well-Known Member

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    thats my 10%
     
  14. slavaja

    slavaja Well-Known Member Silver Stacker

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    Care to share?
     
  15. Jason1

    Jason1 Well-Known Member

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    You know something is not right when the market responds positively to the government announcing we are in recession and next quarter is likely going tobe far worse. lol
    You also know there is something wrong when billions of dollars worth of super is being withdrawn from the market and yet the market still climbs lol

    this is a market Pump and the dump is coming.
     
  16. heartastack

    heartastack Well-Known Member Silver Stacker

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    All the Sportsbet money is flooding the market on leverage..
     
  17. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    In another 2 weeks we'll know whether this V shape recovery is for real. So far, from what I've seen, people are not spending. You can lift the lock down, and let businesses open, but people are going to save, not spend.
     
  18. heartastack

    heartastack Well-Known Member Silver Stacker

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    2 weeks you reckon? I bet they can keep the party going till election just keep juicing it..
     
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  19. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    It's not their monies to play with, but pretty sure they have shares in the share market
     
  20. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    It is their money. They made it.
     

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