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 | 2855348 GetZeeGold
GetZeeGold's picture



As always....wait for the revisions.


Thu, 10/04/2012 - 08:46 | 2855360 jjsilver
jjsilver's picture

Even the revisions are a fairy tale

Thu, 10/04/2012 - 08:56 | 2855394 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 | 2855396 tocointhephrase
tocointhephrase's picture

QEternity to QEfinity

Thu, 10/04/2012 - 09:48 | 2855538 petolo
petolo's picture

Two revisions , one pepsi .

Thu, 10/04/2012 - 09:56 | 2855557 Tombstone
Tombstone's picture

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

Thu, 10/04/2012 - 08:44 | 2855351 LawsofPhysics
LawsofPhysics's picture

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

Thu, 10/04/2012 - 08:44 | 2855352 swissaustrian
swissaustrian's picture

Not bad enough for a real jump in stocks

Thu, 10/04/2012 - 08:43 | 2855353 Winston Churchill
Winston Churchill's picture


Thu, 10/04/2012 - 08:43 | 2855354 thatguy007
thatguy007's picture

No jobs... BITCHEEZ

Thu, 10/04/2012 - 08:46 | 2855358 overmedicatedun...
overmedicatedundersexed's picture

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

Thu, 10/04/2012 - 08:48 | 2855359 tbone654
tbone654's picture



Thu, 10/04/2012 - 08:56 | 2855374 GetZeeGold
GetZeeGold's picture



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


Thu, 10/04/2012 - 09:03 | 2855420 max2205
max2205's picture

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

Thu, 10/04/2012 - 08:50 | 2855371 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 | 2855382 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 | 2855488 JustObserving
JustObserving's picture

That's fairly normal actually.

Criminality is the new normal in these United States. 

Thu, 10/04/2012 - 11:52 | 2856001 redpill
redpill's picture


Thu, 10/04/2012 - 09:14 | 2855398 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 | 2855443 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 | 2855491 GetZeeGold
GetZeeGold's picture



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


Thu, 10/04/2012 - 09:37 | 2855513 fuu
fuu's picture


Why are the answers to these polls always D?

Thu, 10/04/2012 - 09:53 | 2855551 mayhem_korner
mayhem_korner's picture



Where's your pistol????

That didn't come out quite right...

Thu, 10/04/2012 - 12:33 | 2856114 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 | 2855522 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 | 2855386 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 lunch and breakfast...milk subsidies..whatever..there are hundreds of govt freebies...

Thu, 10/04/2012 - 08:54 | 2855387 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 | 2855389 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 | 2855391 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 | 2855485 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 | 2855397 Rainman
Rainman's picture

'Muddling through' bailout to the next

Thu, 10/04/2012 - 08:58 | 2855406 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 | 2855422 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 | 2855430 fonzannoon
fonzannoon's picture

Yeah I have no idea what he was talking about.

Thu, 10/04/2012 - 09:20 | 2855452 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 | 2855490 hapless
hapless's picture

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

Thu, 10/04/2012 - 09:32 | 2855496 hapless
hapless's picture

Oops, you said enigma.

Thu, 10/04/2012 - 09:44 | 2855518 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 | 2855657 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 | 2855459 ebworthen
ebworthen's picture

Unemployment up, along with equity futures, wee!

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


Thu, 10/04/2012 - 10:51 | 2855756 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 | 2855835 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 | 2855997 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 | 2856178 Grand Supercycle
Grand Supercycle's picture


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.

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