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Is This Why Jobs Crashed
Guess who:
CLAIMS” AND NONFARM PAYROLLS: It’s A Very “Tidy” Correlation Indeed: This wonderful chart, courtesy of TD Securities, shows how almost perfectly jobless claims and non?farm payrolls correlate, and so with “claims” falling as they have, payrolls today could be surprisingly high.
You guessed it.

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lol Gartman is going to go after ZH for libel. I don't support Gartman but im just sayin...
lol wut?
What is false about showing factually how this assclown gives awful advice and even in reactive hindsight is consistently wrong? Just quoting him cannot be libelous.
Fuck if anything the whole investing world should be suing CNBS and Gartman along with Cramer and they should all be banned from publishing, the airwaves and internet.
you get bonus points for using the word 'assclown.'
Thank god for Gartman. He's amazingly consistent. All you have to do is the opposite of whatever he says or does and you're guaranteed to make money. He's a better fade than (I just threw up in my mouth anticipating the name) Cramer.
(You should capitalize God and not gartman!)
An amazingly successful back running day trader.
In the POTUS mold in the best way possible.
Here, let me try:
Hey, Exxon, get up off your dead ass and get back to your 2013 highs so that I can sell you.
I expect upward movement in your shareholder price, no later than 3:30 PM Monday.
http://finance.yahoo.com/echarts?s=XOM+Interactive#{%22range%22:%225y%22,%22allowChartStacking%22:true}
See, they are working on it . Booyah!
OT
http://www.usnews.com/news/business/articles/2015/10/01/ap-sources-epa-t...
Will save 300,000 deaths a year.
… I prefer ‘clownass’.
There *was* nothing wrong with it... until I was about twelve years old and that no-talent assclown became famous and started winning Grammys.
Look at that chart he used. Payrolls are the leading indicator. Is he really this fucking stupid?
The assumption is the reputation is a valuable one. I did not give you a thumbs up or down because you only pasted a definition.
Define "Freedom", then name a single person who ever walked this planet who has or had it; there are none..it is the grand illusion. As an example.
No this is great for Gartman - probably more business for his newsletter as his calls are always DEAD wrong. Not too shabby for contrarian investors.
...and the glasses and pen make him seem so smart and authoritative!
If only he had a proper English accent
Who reads his newsletter? Clearly a contra-indicator to some (ZH) but could anyone in the business of managing OPM actually take him seriously?
I don't claim to be a genius with charts but even I can see the fallacy in linking that "perfect" correlation of a long-term chart to today's payroll.
It is only libel if ZH is wrong...
Gartman, King of the Assholes.
the relentless ball busting of gartman is great!
I need to find out what he is on and get some. Oblivion here I come!
Finally, now we can break 1867.
Nope, not w/ Goldman ramping for the Fed and w/ Morgan Stanley filling record buyback orders at the corporate desk!
See! Major indices have rebounded sharply per the 10:30 ramp attempt. Now, the 11:30 edition
might just take many of the indices green or close to it.
MACD buy cross on the SPX will likely issue next week or shortly thereafter.
The Fed can do this for longer than you can stay solvent.
Its a nice thought though. :)
Very good commentary and analysis. Thumbs up!
It's called HFT short covering
If so, that suggests a lack of conviction for a continuation/acceleration of the down move.
DJIA may actually be up big for the day at this rate of recovery! Dow now of 19.
SPX from -29 to 3.
SOX about to go green; NDX already green.
DJIA just went green in the middle of my salad.
Market agnostic:
If its going up, buy.
If its going down, sell/short.
If its going sideways, go fishing.
The Fed can print money forever and a day and GS can buy at the behest of the Fed for just as long. Don't fight the Fed.
RUT, MID and DWCPF tested their lows from Wed and have bounced smartly. SPX tested its low (1867)
(touching 1872) before rebounding on Wed as well. Will it hold? We'll see.
Recessionary data are simply not getting the type of reaction in equtiies that you would expect.
Furtherrmore, equities SHOULD have led (anticipated) these data and they apparently have not, eg, proactive not reactive.
Most major indices are down 0.5% to 0.7%. More of a yawner than anything else.
You really must be a market agnostic, eg, bulls make money; bears make money;
pigs (and idiots) get slaughtered.
Looks like the 11:30 ramp will see me eating lnuch to a bloody red screen. But 3:30 is when the real ramp fun starts!
Or maybe not!
Big deal....""they"" have already plowed on 20 AssNPee points straight up from the open because, you know, and such as.
I'm confused as to why you have any money left to manage Gartman. Never underestimate the stupidity of the American public I guess.
Appearance fees are why Gartman is on all the time.
I bet he keeps a chart correlating the number and frequency of apperances with cycles of new client calls / accounts opening. He probably has a bonus incentive tied to all this.
That, and the fact that he seems to uncannily deliver the MM-approved message of the day for the muppets...
Once one has established a certain level of "leadership," it doesn't really matter what one does after, unless one angers the upper management.
Well if it's good enough for Gartman..
Einstein once said "Being constantly wrong and expecting success is the definition of insanity"
No he didn't but it is a good premise.
Copyright and print the shirt and put your brand on it.
lol ... tim cook was just talking about "back doors" on his conference call
i have absolutely no issues with gays, but that shit was funny
Unleash the Gartman.
Prediction is like masturbation; you're just fucking yourself.
Epic Failure in simple Logic.
This moron actually get's paid (a lot of money) to come up with this 'tidy bit' of nonsense... Unreal.
How does this idiot remember to breathe? You couldn't try to be as consistantly wrong as this guy.
… his iWatch prompts him: inhale… exhale… inhale…
(BTW… Have you noticed how nobody wants an iWatch?)
doesn't want to be replaced by H!B, so works for cheap.
tyler--let this fool go. im afraid he'll committ suicide. imagine your life's work and everyday you are wrong. if you think the cnbc azzzzzholes dont read this site you are wrong. even david einhorn said, "he reads it." he reads yahoo posts, too."
Fartman should go quietly away, like Cher. Hugh Hefner, MY HERO, should do the same.
I think Gartman is a very generous guy because every day he opens his 'retirement' fund and lets other traders help themselves to it.
He obviously knows someone. If anyone else said the shit he did, they'd be lcoked the fuck away in the nut hut.
Reading chicken entrails.
I am currently short of jobs in Gartman terms.
How can this guy be this big a fool ! You'd think they would stop broadcasting him.
Gartman is Cramer in a better suit!
Bad jobs report spells no rate hikes thus the early selloff is about to turn positive for stocks. Once again bad news is good news