AMEX:SPY   SPDR S&P 500
59 8 2
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How big of swing do you expect on Friday job number news?
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nobullshytrader0 honorabruwarrior
@honorabruwarrior, a fairly large one being this shud determine rate hike next week
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honorabruwarrior nobullshytrader0
@nobullshytrader0, So if the jobs numbers meet or exceed expectations, the market will probably go down significantly?
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nobullshytrader0 honorabruwarrior
@honorabruwarrior, only if u think thu market viewz interest rate hikes az bearish, but gold will certaintly tank if jobz are good
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honorabruwarrior nobullshytrader0
@nobullshytrader0, I would see a rate hike as bearish because it could tighten most companies' profit margins. The question is if that fear will be reflected Friday with the job number announcement.
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nobullshytrader0 honorabruwarrior
@honorabruwarrior, there'z almost zero chance of them not hikin rates next week if jobz are good. yes overall int rate hikes are bearish for equities (in theory) but stock market indicez overall have been luvin it az well az thu financial sector ie banks, XLF etc...
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honorabruwarrior nobullshytrader0
@nobullshytrader0, Makes sense. Thanks for your insight!
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nobullshytrader0 honorabruwarrior
@honorabruwarrior, anytime good luck
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