forums

Off-Topic Stock Market & Crypto Discussion

10:00 USD Construction Spending (MoM) (Aug) -0.1% 0.2% -0.5%
10:00 USD ISM Manufacturing Employment (Sep) 43.9 47.0 46.0
10:00 USD ISM Manufacturing New Orders Index (Sep) 46.1 45.0 44.6
10:00 USD ISM Manufacturing PMI (Sep) 47.2 47.6 47.2
10:00 USD ISM Manufacturing Prices (Sep) 48.3 53.5 54.0
10:00 USD JOLTs Job Openings (Aug) 8.040M 7.640M 7.711M
Mixed
Manufacturing new orders up
PMI - down
Prices- down
Jolt job openings up
APPL plant in India closed due to fire….
 
Advertisement
Tomorrow @10:00
Jobless claims…unemployment activity
PMI Sept….gauges US private business activity in manufacturing and services
Also relates to GDP….any number over 50 shows expansion…
 
Last edited:
mr.h said:
Tomorrow @10:00
Jobless claims…unemployment activity
PMI Sept….gauges US private business activity in manufacturing and services
Also relates to GDP….any number over 50 shows expansion…
Click to expand...
I'm curious to see what sort of impact the hurricane is going to have on the tech market, with the Spruce Pine quartz facilities in western NC temporarily halting production
 
08:30 USD Continuing Jobless Claims 1,826K 1,827K
08:30 USD Initial Jobless Claims 225K 222K 219K
08:30 USD Jobless Claims 4-Week Avg. 224.25K 225.00K
09:00 BRL S&P Global Composite PMI (Sep) 55.2 52.9
09:00 BRL S&P Global Services PMI (Sep) 55.8 54.2
09:00 RUB Central Bank reserves (USD) 633.6B 625.2B
09:45 USD S&P Global Composite PMI (Sep) 54.0 54.4 54.6
09:45 USD S&P Global Services PMI (Sep) 55.2 55.4 55.7
10:00 USD Durables Excluding Defense (MoM) (Aug) -0.2% -0.2%
10:00 USD Durables Excluding Transport (MoM) (Aug) 0.5% 0.5%
10:00 USD Factory Orders (MoM) (Aug) -0.2% 0.1% 4.9%
10:00 USD Factory orders ex transportation (MoM) (Aug) -0.1% 0.3%
10:00 USD ISM Non-Manufacturing Business Activity (Sep) 59.9 53.3
10:00 USD ISM Non-Manufacturing Employment (Sep) 48.1 50.2
10:00 USD ISM Non-Manufacturing New Orders (Sep) 59.4 53.0
10:00 USD ISM Non-Manufacturing PMI (Sep) 54.9 51.7 51.5
10:00 USD ISM Non-Manufacturing Prices (Sep) 59.4 56.3 57.3
A lot of ****
Jobless claims up
PMI up
ISM up except for employment

It looks to me that the economy is strong, consumers are consuming, but employment is slowing.
Employment numbers tomorrow
Rate cuts, imo, is a done deal. If employment stabilizes, this sure looks like a soft landing.
War with Iran will raise oil prices
 
SpikeUM said:
@90scane arent the dish services essentially obsolete with streaming?
Click to expand...

As Starlink rolls out, yes. Consumers can pay $100 for dish plus $50 for crappy internet or pay $130 for starlink and pay for services.

Once Amazon catches up, there will be multiple options for internet anywhere.
 
90scane said:
As Starlink rolls out, yes. Consumers can pay $100 for dish plus $50 for crappy internet or pay $130 for starlink and pay for services.

Once Amazon catches up, there will be multiple options for internet anywhere.
Click to expand...

Think was talking tv aspect of deal

With regular cable, DirecTV and streaming as options, I see no concern for the deal
 
Advertisement
08:30 USD Average Hourly Earnings (YoY) (YoY) (Sep) 4.0% 3.8% 3.9%
08:30 USD Average Hourly Earnings (MoM) (Sep) 0.4% 0.3% 0.5%
08:30 USD Average Weekly Hours (Sep) 34.2 34.3 34.3
08:30 USD Government Payrolls (Sep) 31.0K 45.0K
08:30 USD Manufacturing Payrolls (Sep) -7K -5K -27K
08:30 USD Nonfarm Payrolls (Sep) 254K 147K 159K
08:30 USD Participation Rate (Sep) 62.7% 62.7% 62.7%
08:30 USD Private Nonfarm Payrolls (Sep) 223K 125K 114K
08:30 USD U6 Unemployment Rate (Sep) 7.7% 7.9%
08:30 USD Unemployment Rate (Sep) 4.1% 4.2% 4.2%

Non farm payrolls Sept-254k up …CRUSHED IT
Unemployment Rate sept-4.1% down
Hourly earnings MoM up
Hourly earnings YoY up
Here We Go Discovery GIF by Shark Week

Soft landing…
PS..port workers end strike
 
Last edited:
Remember that the jobs number was already revised down by 800K earlier this year......that will likely happen again next year.
 
SpikeUM said:
Remember that the jobs number was already revised down by 800K earlier this year......that will likely happen again next year.
Click to expand...

Curious, why does that happen?

These are new payroll jobs non-farming?
 
Advertisement
SpikeUM said:
You are missing the point....if its wrong, its useless. Also, look at the 10 year, its back near 4%
Click to expand...
What is driving the 10yr higher? The thought that the U.S. treasury is going to have to keeping paying higher rates to fund the government.
 
90scane said:
What is driving the 10yr higher? The thought that the U.S. treasury is going to have to keeping paying higher rates to fund the government.
Click to expand...

That plus the concerns that inflation is not yet conquered and that the Fed is prioritizing employment over inflation for political purposes. LT rates actually went up when the 50 bp's was announced.
 
Back
Top