SG Talk

Critical jobs data.

If the report is bad ....Nasdaq and Dow will PLUNGE.
If good it will rise but nit that much.

Given how optimistic US stock investors are my view is this hs the potential to go badly.

The track record of FED not pushing economy into recession after a rate hike cycle is pretty bad. ...most of the time due to lagging effects lf rate changes, the Fed tends to over tighten and push the economy into recession.

830pm ....the US indices will move down sharply.
Employment data based on 3rd party data and company projections ...many companies like Intel are retrenching heavily.

Unemployment data will turn bad very rapidly.

Note that I have already shorted S&P500 and Nasdaq several weeks ago.

Leading to 830pm today....series of data shows deterioration in jobs market and this deterioration is increasing ....

https://www.reuters.com/markets/us/us-jo...024-09-04/

Trading is zero sum game.
Price can move up sharply and move down sharply.

Go up go down not important. Make money is.

Go up so what go down so what hahaha

90% lose money in trading.
More than half of 10% that don't lose money just barely breakeven. Hahahaha. So many furu advertising in YouTube hahahaha. I think they make more money collecting subscription than trading. Hahaha
Hahaha
Hahaha


Hahaha I just talk nonsense. Just disregard me. Paiseh

(06-09-2024, 08:00 PM)sgbuffett Wrote: [ -> ]Critical jobs data.

If the report is bad ....Nasdaq and Dow will PLUNGE.
If good it will rise but nit that much.

Given how optimistic US stock investors are my view is this hs the potential to go badly.

The track record of FED not pushing economy into recession after a rate hike cycle is pretty bad. ...most of the time due to lagging effects lf rate changes, the Fed tends to over tighten and push the economy into recession.

830pm ....the US indices will move down sharply.
Employment data based on 3rd party data and company projections ...many companies like Intel are retrenching heavily.

Unemployment data will turn bad very rapidly.

Note that I have already shorted S&P500 and Nasdaq several weeks ago.

Sgbuffett your track record of getting Dow plunge wrong has also been very consistent. Understand clearly yr prediction is for 830pm sharp only. Any movement after that u did not predict.

US economy added 142,000 jobs in August

The unemployment rate dropped to 4.2% from 4.3%.

Economists were expecting a net gain of 160,000 jobs and for the unemployment rate to fall to 4.2%, according to FactSet consensus estimates.

Trading is never about prediction this a fallacy

Nasdaq and Dow plunged ..after failed rally at 830pm

I was wrong to say it will plunge at exactly 830pm. ..the plunge happened at 9pm half an hour later than I predicted.

US market will continue to go down as more investors understand it is overvalued and US economy is too weak to maintain earnings growth.

If I am.holding the s&p500 I would just sell

I will keep shorting it as it sinks down

More investors will realise the US market is overvalued and economy is weakening


If I have any s&p500 etf I will sell even if I had intended for long term.investments

I have shorted US indices in my trading account

Dow dropped 410 points ...you are corrected no worry market up down is common lah...

Wah this round ahbutt will hv something to show, not just claims only

(06-09-2024, 08:00 PM)sgbuffett Wrote: [ -> ]Critical jobs data.

If the report is bad ....Nasdaq and Dow will PLUNGE.
If good it will rise but nit that much.

Given how optimistic US stock investors are my view is this hs the potential to go badly.

The track record of FED not pushing economy into recession after a rate hike cycle is pretty bad. ...most of the time due to lagging effects lf rate changes, the Fed tends to over tighten and push the economy into recession.

830pm ....the US indices will move down sharply.
Employment data based on 3rd party data and company projections ...many companies like Intel are retrenching heavily.

Unemployment data will turn bad very rapidly.

Note that I have already shorted S&P500 and Nasdaq several weeks ago.

                
So, you better admit US is collapsing.    

Don't everyday use fake data and reports to say China is collapsing.   


.

Broken clock can still be correct twice every day.

(07-09-2024, 09:08 AM)webinarian Wrote: [ -> ]                
So, you better admit US is collapsing.    

Don't everyday use fake data and reports to say China is collapsing.   


.

China economy is in very bad shape with slowdown and housing crisis.

If the govt does notvyake concrete action things will worsen.

Due to your bias pro china mindset you fail to appreciate the trouble China economy is in.

(07-09-2024, 10:11 AM)sgbuffett Wrote: [ -> ]China economy is in very bad shape with slowdown and housing crisis.

If the govt does notvyake concrete action things will worsen.

Due to your bias pro china mindset you fail to appreciate the trouble China economy is in.

Nobody believes an unemployed bum like you least off all regarding economics.

They say market has this cycle of brief and loss. At the beginning is the shock and denial.

Nice titties

(07-09-2024, 10:11 AM)sgbuffett Wrote: [ -> ]China economy is in very bad shape with slowdown and housing crisis.

If the govt does notvyake concrete action things will worsen.

Due to your bias pro china mindset you fail to appreciate the trouble China economy is in.

I will see how u flip prata for your Hsi long lol