How big of swing do you expect on Friday job number news?
nobullshytrader0
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@honorabruwarrior, a fairly large one being this shud determine rate hike next week
HotCPA
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@nobullshytrader0, So if the jobs numbers meet or exceed expectations, the market will probably go down significantly?
nobullshytrader0
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@honorabruwarrior, only if u think thu market viewz interest rate hikes az bearish, but gold will certaintly tank if jobz are good
HotCPA
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@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.
nobullshytrader0
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@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...