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Jobless Claims Rise As Previous Data Revised Up Yet Again

Tyler Durden's picture





 

The now-ubiquitous prior revision higher in jobless claims made the rise in jobless claims of 4,000 seem a lot less than otherwise as claims didn't even budge the market's needle. Coming in at 367k, slightly better than expected but within the 352k to 392k range that it has been in all year, the most interesting thing we can say about today's print is "it's off the lows". After last week's significant beat, no follow through is seen as we contonue to muddle through.

 

 


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Thu, 10/04/2012 - 08:44 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

As always....wait for the revisions.

 

Thu, 10/04/2012 - 08:46 | Link to Comment jjsilver
jjsilver's picture

Even the revisions are a fairy tale

Thu, 10/04/2012 - 08:56 | Link to Comment JPM Hater001
JPM Hater001's picture

One evening a long long time ago in a land far far away unelmployment began to rise.

Thu, 10/04/2012 - 08:56 | Link to Comment tocointhephrase
tocointhephrase's picture

QEternity to QEfinity

Thu, 10/04/2012 - 09:48 | Link to Comment petolo
petolo's picture

Two revisions , one pepsi .

Thu, 10/04/2012 - 09:56 | Link to Comment Tombstone
Tombstone's picture

Did you mean the revisions of the revisions of the revisions?

Thu, 10/04/2012 - 08:44 | Link to Comment LawsofPhysics
LawsofPhysics's picture

"Beating expectations",  all the way down...

Thu, 10/04/2012 - 08:44 | Link to Comment swissaustrian
swissaustrian's picture

Not bad enough for a real jump in stocks

Thu, 10/04/2012 - 08:43 | Link to Comment Winston Churchill
Winston Churchill's picture

Depresing.

Thu, 10/04/2012 - 08:43 | Link to Comment thatguy007
thatguy007's picture

No jobs... BITCHEEZ

Thu, 10/04/2012 - 08:46 | Link to Comment overmedicatedun...
overmedicatedundersexed's picture

things are picking up, my street now has 3 new empty homes,,,oh wait.

Thu, 10/04/2012 - 08:48 | Link to Comment tbone654
tbone654's picture

"4 MORE YEARS"... "4 MORE YEARS"...

sheesh!

Thu, 10/04/2012 - 08:56 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

Well....if nothing else, it would be historic.

 

Thu, 10/04/2012 - 09:03 | Link to Comment max2205
max2205's picture

Bring back soup lines and get rid of the phones and debit cards. Solved

Thu, 10/04/2012 - 08:50 | Link to Comment fonzannoon
fonzannoon's picture

I literally watched gold spend all morning climbing up 16 bucks and then in one second it got chopped in half...and silver dropped 40 cents in the same second. Funny shit.

Thu, 10/04/2012 - 08:53 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

That's fairly normal actually. There's an air sickness bag in the seat in front of you if you need one.

 

 

Thu, 10/04/2012 - 09:29 | Link to Comment JustObserving
JustObserving's picture

That's fairly normal actually.

Criminality is the new normal in these United States. 

Thu, 10/04/2012 - 11:52 | Link to Comment redpill
redpill's picture

FREE JON CORZINE

Thu, 10/04/2012 - 09:14 | Link to Comment JustObserving
JustObserving's picture

Criminal markets is what you get when regulators have been captured.  Who trusts US markets anymore?

The CFTC has been investigating silver manipulation for four years while it happens every day.  There are none so blind who are paid not to see.

Thu, 10/04/2012 - 09:16 | Link to Comment mayhem_korner
mayhem_korner's picture

The CFTC has been investigating silver manipulation for four years while it happens every day.

 

"investigating"...?  I'd like to take a poll of other choices that might work better:

a)  "ignoring"

b)  "promoting"

c)  "endorsing"

d) "getting paybacks from"

Thu, 10/04/2012 - 09:30 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

Stop picking on Mongo....he's sensitive.

 

Thu, 10/04/2012 - 09:37 | Link to Comment fuu
fuu's picture

D!

Why are the answers to these polls always D?

Thu, 10/04/2012 - 09:53 | Link to Comment mayhem_korner
mayhem_korner's picture

 

 

Where's your pistol????

That didn't come out quite right...

Thu, 10/04/2012 - 12:33 | Link to Comment fuu
fuu's picture

Traded it for some S.C.U.B.A. gear. Lots of boating accidents out there to salvage.

Thu, 10/04/2012 - 09:39 | Link to Comment Quinvarius
Quinvarius's picture

If it happened overnight, the bankers try to erase it.  Rinse and repeat until their postion is too big and they have to get out of their shorts. 

Thu, 10/04/2012 - 08:53 | Link to Comment youngman
youngman's picture

It is sad how this is the new normal.....and it seems to be okay with everyone.....for sure the 47%...because they have 500 other government programs to give them money...food stamps..disability...school lunch and breakfast...milk subsidies..whatever..there are hundreds of govt freebies...

Thu, 10/04/2012 - 08:54 | Link to Comment caimen garou
caimen garou's picture

houdini would have been proud to see how the government is into illusions!

Thu, 10/04/2012 - 08:55 | Link to Comment ptoemmes
ptoemmes's picture

A blind monkey can see it's noisy bouncing along the bottom.  A hyped blind monkey algo will sling HFT feces at each blip.

Thu, 10/04/2012 - 08:54 | Link to Comment wonderatitall
wonderatitall's picture

let me eat this waffle and get to golfing.....damn white devil and his "debate"

Thu, 10/04/2012 - 09:27 | Link to Comment hapless
hapless's picture

Two people telling me what to think is just too much.  I'm sticking to Andrew Sullivan.

Thu, 10/04/2012 - 08:57 | Link to Comment Rainman
Rainman's picture

'Muddling through' ....one bailout to the next

Thu, 10/04/2012 - 08:58 | Link to Comment schatzi
schatzi's picture

meh, would be interesting to see these numbers compared with disability claims and participation rates. This is like looking at just one corner of a painting.

Thu, 10/04/2012 - 09:04 | Link to Comment gjp
gjp's picture

Anoyone think we'll see slaughterer today after his repeated calls for after hours 'horror' yesterday?  My guess is he might be too hungover to make it to a keyboard ...

Thu, 10/04/2012 - 09:09 | Link to Comment fonzannoon
fonzannoon's picture

Yeah I have no idea what he was talking about.

Thu, 10/04/2012 - 09:20 | Link to Comment LoneStarHog
LoneStarHog's picture

Has anyone else noticed that Karl Denninger actually analyzes all the CRAP goobermint reports like they REALLY mean something? That idiot is an enmiga within an enmiga within an anus.

Thu, 10/04/2012 - 09:30 | Link to Comment hapless
hapless's picture

Butt Chucking, Bitchez.  Hey, I wonder if it's reusable...

Thu, 10/04/2012 - 09:32 | Link to Comment hapless
hapless's picture

Oops, you said enigma.

Thu, 10/04/2012 - 09:44 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

I'm guessing Karl is going to say worse. When he runs out of gas...he goes striaght to the potty.

 

Thu, 10/04/2012 - 10:24 | Link to Comment lightning
lightning's picture

Nah, He is simply one of those people who sees the mess we are in and yet still think that some "leader" will materialize at the last minute to save our collective butts.  I don't think he truly accepts that instead of saving us the two clowns will simply step on the accelerator to speed our progress into the economic wall.

Thu, 10/04/2012 - 09:23 | Link to Comment ebworthen
ebworthen's picture

Unemployment up, along with equity futures, wee!

Hey, what's that?  Gold and Silver up too?

Hmmm....

Thu, 10/04/2012 - 10:51 | Link to Comment Curt W
Curt W's picture

The Prez told government contractors not to warn of layoffs due to the cliff,

he needs everybody to play nice until the election.

After the election expect to see a big jump in claims revisions

Damn I can never get that line through to work, line through claims

Thu, 10/04/2012 - 11:08 | Link to Comment The worst trader
The worst trader's picture

BULLISH! we don't need jobs, O will give us phones and Chevy's

Thu, 10/04/2012 - 11:50 | Link to Comment Zap Powerz
Zap Powerz's picture

Work is for people too dumb to just sit around playing XBox and collect a government hand out.

This graph just shows that Americans are bright people and they are just going where the real money is (welfare).

I mean, why work and make 40k/year when you can not work and make 60k/yr?  Its a no brainer.

 

Thu, 10/04/2012 - 12:52 | Link to Comment Grand Supercycle
Grand Supercycle's picture

ELECTION RALLY WARNING.

Stocks are being dragged up by yet more USD selling.

Price action today looks like the previously mentioned SPX Election Rally, but without the pullback I wanted beforehand.

Therefore the postponed correction when it happens, will be WORSE.

http://www.zerohedge.com/news/2012-12-24/market-analysis

http://trader618.com

Do NOT follow this link or you will be banned from the site!