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So, if they are good it's bullish and if they're bad it means QE3 which is bullish. Expect Lockhart to stop feigning resistance to more QE...kind-of....without really saying it directly....but <wink, nod, cough> you know.....
We have noticed that the HFT algos have been trading--almost perfectly unimpeaded by human exchange involvement and news--on classic and Fibonacci pivots. The next pivot on the ES is 1227.91. If that breaks, we would have to run a whole new analysis of upsides.
Yah, they have to keep printing, got to drive the marginal shiplines out of business. (all marginal businesses)
ADP report is jaded, they include new business aquisitions in the count as increased payroll.
if you get a moment, could you post the spreads?
LOL! Phil "the shill" Lebeau just got called out by someone on the price of GM shares. His answer, "You want to go there? We'll talk about it sometime." Ummm...how about now?
Since we all know that the story of future growth in the Auto sector has been part of the forward lie by the criminal banking syndicate, it was an especially sweet moment to see [or in my case hear] LeBeau called out. As we all know there will be no joy joy coming from the auto sector.
F'n BlowHorn [CNBC]. Attention COMCAST: credibility alert, alert alert. Damage control!
yeah, I'm sweating bullets on the the auto industry, my wife makes a good living working for an auto supplier, fortunately she is in the finance group so she will be the last to go when they file bankruptcy.
If you can read this story and not explode in the cranium area, then you are a dead American. That these nanny staters, who by the way helped to destroy the authority of the classroom teacher, are now teaching kids to snitch and turn to the state, using classroom hours to define snitching vs telling, etc, etc.
Good lord, we are simply in ruins in this nation.
And yet another cranium melting headline. Next up, State provided adult diapers.
ISM figs leaked at 9:42 as usual..gotta keep the HFT guys happy.
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