I remember I posted this back in Nov about my observation from
friends/family with businesses how they were all booming.
Lot's of you didn't agree at the time, here's that old
post
anyway regarding the jobs data, now one should be too surprised
that it was positive again, it's been improving for months no, so
it's following the trend that was starting. Obvious there are
problems like labor participation down 1.2 million etc, but the
data has been improving for months, so just like the market,
it's following the trend
Now what would be interesting is to plot the jobs numbers for
the last couple years, and add indicators like MACD's etc, look for
divergences. I bet you would see positive and negative
divergences at inflection points.
Jobs Data my old post from Nov
Posted by matt on 3rd of Feb 2012 at 09:33 am
I remember I posted this back in Nov about my observation from friends/family with businesses how they were all booming. Lot's of you didn't agree at the time, here's that old post
http://breakpointtrades.com/blog/post/185870/#185872
anyway regarding the jobs data, now one should be too surprised that it was positive again, it's been improving for months no, so it's following the trend that was starting. Obvious there are problems like labor participation down 1.2 million etc, but the data has been improving for months, so just like the market, it's following the trend
Now what would be interesting is to plot the jobs numbers for the last couple years, and add indicators like MACD's etc, look for divergences. I bet you would see positive and negative divergences at inflection points.
still don't agree.....labor force dropped
Posted by dylan398 on 3rd of Feb 2012 at 10:00 am
still don't agree.....labor force dropped 1.2M in one MONTH....just people dropping off the books, more food stamps.
If Enron was using government
Posted by dylan398 on 3rd of Feb 2012 at 10:10 am
If Enron was using government statistics they would still be in buisness...
http://www.zerohedge.com/news/implied-unemployment-rate-rises-115-spread-propaganda-number-surges-30-year-high