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(Fox Business)   Stock market down because of reasons and shut up   (foxbusiness.com) divider line 30
    More: Obvious, troy ounces, NASDAQ Composite, sheds  
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944 clicks; posted to Business » on 04 Apr 2014 at 5:05 PM (15 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



30 Comments   (+0 »)
   
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2014-04-04 05:08:11 PM
I lost a lot of money on shut up today.
 
2014-04-04 05:08:59 PM
182,000 new jobs? Stock market goes down.
Great FY returns from 2013? Stock market goes down
Malaysian plane missing? Stock market goes up a little

Can we just acknowledge that the US news basically means dick in terms of the stock market? The news that *should* send the stock market higher, doesn't, and the news that *shouldn't* typically does.
 
2014-04-04 05:09:49 PM
I assume derpmitter didn't bother to read the reasons in the article.
 
2014-04-04 05:10:28 PM

Somaticasual: 182,000 new jobs? Stock market goes down.
Great FY returns from 2013? Stock market goes down
Malaysian plane missing? Stock market goes up a little

Can we just acknowledge that the US news basically means dick in terms of the stock market? The news that *should* send the stock market higher, doesn't, and the news that *shouldn't* typically does.


When the expectation is for 200,000 new jobs, 182,000 new jobs isn't exactly "good news".
 
2014-04-04 05:13:13 PM

PowerSlacker: Somaticasual: 182,000 new jobs? Stock market goes down.
Great FY returns from 2013? Stock market goes down
Malaysian plane missing? Stock market goes up a little

Can we just acknowledge that the US news basically means dick in terms of the stock market? The news that *should* send the stock market higher, doesn't, and the news that *shouldn't* typically does.

When the expectation is for 200,000 new jobs, 182,000 new jobs isn't exactly "good news".


Granted, but even the rare "oustanding jobs report" doesn't seem to correlate with stock gains...
 
2014-04-04 05:31:37 PM
I blame Windows 8
 
2014-04-04 05:35:31 PM
Stock market goes up.
Stock market goes down.
Lighten up, Francis.
You'll get over it.
 
2014-04-04 05:41:19 PM

PowerSlacker: I assume derpmitter didn't bother to read the reasons in the article.


RTFA?  Are you kidding?  STFU and get back to snarking

/submitter
//didn't lose money
 
2014-04-04 06:23:30 PM
Laughing at all of you.
 
2014-04-04 06:23:53 PM

Somaticasual: 182,000 new jobs? Stock market goes down.
Great FY returns from 2013? Stock market goes down
Malaysian plane missing? Stock market goes up a little

Can we just acknowledge that the US news basically means dick in terms of the stock market? The news that *should* send the stock market higher, doesn't, and the news that *shouldn't* typically does.


It's almost as of those other events were predictable and priced in already, but that a plane crash wasn't.
 
2014-04-04 06:25:25 PM

Smeggy Smurf: PowerSlacker: I assume derpmitter didn't bother to read the reasons in the article.

RTFA?  Are you kidding?  STFU and get back to snarking

/submitter
//didn't lose money


Yes but did you UNDERSTAND the article? Oh wait. This is Fark. Nevermind.

/I know a guy who submitted a hilarious headline that was 180 degrees off. But did that stop me? No sir. I still submit without reading.
 
2014-04-04 06:33:27 PM

TheShavingofOccam123: Smeggy Smurf: PowerSlacker: I assume derpmitter didn't bother to read the reasons in the article.

RTFA?  Are you kidding?  STFU and get back to snarking

/submitter
//didn't lose money

Yes but did you UNDERSTAND the article? Oh wait. This is Fark. Nevermind.

/I know a guy who submitted a hilarious headline that was 180 degrees off. But did that stop me? No sir. I still submit without reading.


After reading the article (can't believe I actually did such a heinous thing) yes I understand it. That said, the snark is better.  It's friday, lighten up Francis.  It's not like you're a pope or anything
 
2014-04-04 06:41:17 PM

PowerSlacker: When the expectation is for 200,000 new jobs, 182,000 new jobs isn't exactly "good news".

FTA: The Labor Department said the U.S. economy added 192,000 jobs in March, below the 200,000 jobs Wall Street anticipated . . . Job growth in the previous two months was also revised higher . . . labor force participation rate, which gauges the proportion of the working-age population employed or seeking employment, rose to 63.2%, from 63% in February.

So the market got 96% of the job growth they estimated, had the last two monthly estimates revised upwards, got higher labor force participation and yet the market decided to randomly shiat on Google and Pandora stock, causing the worst tech market value drop in nearly 2 years.

Yeah, that totally makes sense.
 
2014-04-04 06:44:29 PM
A crash?  Damn, I missed it.

Portfolio's down .57% today.  A normal down day, really.
 
2014-04-04 07:10:08 PM

Smeggy Smurf: TheShavingofOccam123: Smeggy Smurf: PowerSlacker: I assume derpmitter didn't bother to read the reasons in the article.

RTFA?  Are you kidding?  STFU and get back to snarking

/submitter
//didn't lose money

Yes but did you UNDERSTAND the article? Oh wait. This is Fark. Nevermind.

/I know a guy who submitted a hilarious headline that was 180 degrees off. But did that stop me? No sir. I still submit without reading.

After reading the article (can't believe I actually did such a heinous thing) yes I understand it. That said, the snark is better.  It's friday, lighten up Francis.  It's not like you're a pope or anything


I could have been pope. Till I took a Baptist to the knee.

I was that guy. The guy who posted a headline that was absolutely wrong about the article content. That was me. It's more fun submitting without reading. The thread still got several comments.

http://www.fark.com/comments/8032619/European-economy-faces-two-majo r- problems-Not-enough-inflation-too-much-employment-Poor-little-things#n ew
 
2014-04-04 07:49:25 PM
don't forget to go for the low hanging fruit and deliberate misspellings
 
2014-04-04 07:59:23 PM

syrynxx: I blame Windows 8


Damn you Bill Gates!
 
2014-04-04 08:17:26 PM

MrSteve007: PowerSlacker: When the expectation is for 200,000 new jobs, 182,000 new jobs isn't exactly "good news".
FTA: The Labor Department said the U.S. economy added 192,000 jobs in March, below the 200,000 jobs Wall Street anticipated . . . Job growth in the previous two months was also revised higher . . . labor force participation rate, which gauges the proportion of the working-age population employed or seeking employment, rose to 63.2%, from 63% in February.

So the market got 96% of the job growth they estimated, had the last two monthly estimates revised upwards, got higher labor force participation and yet the market decided to randomly shiat on Google and Pandora stock, causing the worst tech market value drop in nearly 2 years.

Yeah, that totally makes sense.


Yeah, all those part time minimum wage jobs sure are awesome, especially when contrasted to heavily manipulated (read: inaccurate) inflation numbers.  Wooo soaring economy here we come!  Income inequality is GREAT for consumer spending!

/Reality:  Welcome to it.
 
2014-04-04 11:10:13 PM

Heraclitus: syrynxx: I blame Windows 8

Damn you Bill Gates!


The sad thing is that I was only half-joking.  In a week, there will be two of their operating systems that they will no longer support via patches for any new security holes that are revealed:
-Windows XP, which is 13 years old
-Windows 8.1, their newest desktop OS, if you choose not to install the upcoming Update 1 release.
http://www.infoworld.com/t/microsoft-windows/windows-81-has-reached- en d-of-life-surely-windows-xp-239760

It's like they're intentionally crafting updates to their only Windows client businesses can buy so that businesses avoid buying it.  I can't believe MSFT's stock hasn't plummeted in the last 18 months.
 
2014-04-04 11:37:22 PM
Just don't blame Obamacare for the numerous job losses and cuts from full-time to part-time, that are confirmed. That would be racist.
 
2014-04-05 12:48:29 AM

Nemo's Brother: Just don't blame Obamacare for the numerous job losses and cuts from full-time to part-time, that are confirmed. That would be racist.


Like I give a shiat if they call me a racist.  I've been called worse by better
 
2014-04-05 02:42:10 AM

Alonjar: Yeah, all those part time minimum wage jobs sure are awesome, especially when contrasted to heavily manipulated (read: inaccurate) inflation numbers. Wooo soaring economy here we come! Income inequality is GREAT for consumer spending!

/Reality: Welcome to it.


You keep telling yourself that, but all I know from firsthand experience is that work is absolutely booming right now. We can't hire designers fast enough to keep up with new construction demand. Hell, my firm is offering any employee who can get a qualified referral an interview, $500 bonus - and if they're hired, an additional $1,500 bonus. Last I checked, we're hiring kids barely out of college for around $50k.

/If you're a licensed architect who wants to come to Seattle, send me your resume - I'll make a quick buck on it.
 
2014-04-05 07:11:06 AM

Somaticasual: Can we just acknowledge that the US news basically means dick in terms of the stock market? The news that *should* send the stock market higher, doesn't, and the news that *shouldn't* typically does.


If you even have the displease to meet the sort of 20-30-something sociopath Wharton-grads who actually do the trading on the NYSE you'd understand completely why this is
 
2014-04-05 07:39:00 AM

MrSteve007: You keep telling yourself that, but all I know from firsthand experience is that work is absolutely booming right now. We can't hire designers fast enough to keep up with new construction demand. Hell, my firm is offering any employee who can get a qualified referral an interview, $500 bonus - and if they're hired, an additional $1,500 bonus. Last I checked, we're hiring kids barely out of college for around $50k.

/If you're a licensed architect who wants to come to Seattle, send me your resume - I'll make a quick buck on it.


Right... but who are the people actually doing the labor, building the things?  Mexicans, for 50% of what you used to pay.
 
2014-04-05 08:23:30 AM

Alonjar: MrSteve007: You keep telling yourself that, but all I know from firsthand experience is that work is absolutely booming right now. We can't hire designers fast enough to keep up with new construction demand. Hell, my firm is offering any employee who can get a qualified referral an interview, $500 bonus - and if they're hired, an additional $1,500 bonus. Last I checked, we're hiring kids barely out of college for around $50k.

/If you're a licensed architect who wants to come to Seattle, send me your resume - I'll make a quick buck on it.

Right... but who are the people actually doing the labor, building the things?  Mexicans, for 50% of what you used to pay.


...while using steel that you're now importing from China, etc.
 
2014-04-05 09:48:00 AM

Nemo's Brother: Just don't blame Obamacare for the numerous job losses and cuts from full-time to part-time, that are confirmed. That would be racist.


Well, it would be a lie, TOLD by racists.
 
2014-04-05 12:50:37 PM
I listen to marketplace most evenings since its on right as i am usually finishing up and cleaning up from dinner on my local npr station.

Between that show and ATC, i constabtly hear about how the market is down because such and such fell short of expected earnings.

Why have i never heard JPLynchTrade fired 27 analysts because their data are always wrong and their expectations are never correct or even close?
 
2014-04-05 03:10:40 PM

Somaticasual: Can we just acknowledge that the US news basically means dick in terms of the stock market? The news that *should* send the stock market higher, doesn't, and the news that *shouldn't* typically does.


It's cute that with HFT and the quants algos running everything that you think the stock market will ever make sense to a human mind again.
 
2014-04-05 03:35:33 PM
I just noticed recently that my 401k has stayed mostly flat for the last three months.  I'm guessing that ti's not just me?
 
2014-04-05 04:50:07 PM

sendtodave: I just noticed recently that my 401k has stayed mostly flat for the last three months.  I'm guessing that ti's not just me?


Not sure what you are looking for but I think 90 day flat periods are a feature of all 401k's occasionally over time.
 
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