Today we get the ADP jobs number, the advance GDP for Q1 and the Fed meeting.
I'll just wait to see what the data are and then think and react. A flat GDP with the Fed going on hold one way or another should bring strength to the dollar and weakness to commodities including oil. So then the beefers will rotate other stocks. Some already have. I heard Gartman called the end to the commodity boom and says buy tech. I've already done that.
C is selling more common, purportedly to the Singapore Investment Fund. It's interesting if they can sell strict common at these levels, well off the lows. I guess they are taking advantage of the rally and getting the decks cleared for their big 'Investor Day' on May 9.
My 'opinion' is that a firm dollar brings huge money to US stocks to position for the economic rebound that I think will occur in late Q2 or Q3. But any reader knows I'm an optimist.
No Word of the Day until I return to the bunker.
I saw cabbage at Wal-Mart this morning for 64 cents a pound. so with those ingredients I posted yesterday, one can make a fine Mulligan Stew for a low cost. That's good food that will feed and energize a fireman all day.
PS: the site is having trouble, so my post was delayed. ADP came in at +10,000 jobs, ok.
PPS: GDP +0.6% a good number. Uh ... that question comes to mind again ;-)
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51 comments:
mern my condolences on the passing of Dr. Albert Hoffman....
Gartman is turning into a jimmie wannabe....if commodities are going up he is long, if they are going down he is "short of" them...pffttt
yeah, he is a bit of a bloviating buncombe artist.
no doubt albert hoffman one of my idols!
he lived to 102. hmmmmmmmmmmmmm
GDP .6% CPI is 5%, 6%, 7%, 8% whatever.
is that stagflation?
;-)
inflation is hihger than 2 year, that is relevant, the exact spread is not, unless one can quantify the ratio attributed to speculation....the 30 yr yeild broke in feb 08', old news indeed.
Bud...must have crushed you...hurt your feelings in a big way...please don't do anything stupid... truly sorry lil' fella.
can we stop with the ADP numbers.....they are not freakin real...
id take the ADP #'s over the bls's dribble.
elaine chao went to harvard. she and cramer work hard to give that institution a bad name.
wonder how the Harvard students that bought BKHM feel?
Dear Sal,
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i'd love to give you more money Hillary ...but i'm maxed out
you know i'll do anythin for you
keep fightin....never quit
i got your back
2.99 a lb for 80%
what???
i guess that's 80% beef and 20% .....well.....you don't wanna know
Mindy McCraedy nononono test fire the rocket at 15...his weight gain attributed to eating mass girl scout cookies...media out of control.
frosty thinks he's richie sexson.......he's more like rachel sexson
phil hughes sure looks like a phenom
die yankees die !!!!!
i was wondering what the other 20% was as well.
"and here u go waitress... tell the chef this is low grade dog food....geeesh ive had better food at the track. u can still see where the jockey was hitting my meat"
Ian Kennedy is the next Greg Maddux!!!
lmaoooooooooooooo
sheesh ... I am having trouble with this site today.
80% meant 80% lean ... sheesh
ADP data are real payrolls they process. BLS numbers are from a survey of personnel depts filling out a form.
bman swinging at the knuckle ball today.
lol
well at least rocket waited till she was 18
pfffffffft
what a fine individual
ADP may be real going in but coming out it is fiction
Bunkerman...dow 15 helmets ready to go?....thanks for those five runs in the ninth yesterday, now you know how Bud feels when I dig in a the dish.
we r still waiting for our JPM letters that we supposed to out 2 weeks ago.
we have a 25 yr hot puerto rican from the bronx in the office. she decided to get pregant this month.
SHEER BRILLANCE!
In comments that stunned many who heard them, Sen. Vincent J. Fumo said yesterday that his colleagues in the General Assembly would support slavery if given the chance.
"What you are advocating here is that we take away the rights of a minority. And I don't think that's right," Fumo told Gilbert Coleman, Jr., senior pastor of Freedom Christian Bible Fellowship in Philadelphia, during the hearing. ". . . If we introduced a bill on slavery, it might pass. That doesn't make it right."
Fumo is retiring from the Senate this fall after 30 year in office to devote his attention to his September trial on 139 federal corruption counts.
lmao!
been chomping on this chicken for 3 days now, down to the bones...will be making mrs frost a fine bone necklace while I await the fed.
have to see if I can run 4 miles under 40 minutes after "work"...I say it in public for inspiration..bust away..lmaooooo
making mrs frost a fine bone necklace
bud in the box. bases loaded, a mike mussina meatball just came down the middle.
gonna touch em all, bud? u know, like a priest.
i just farted.
it smells like fire ant killer.
my eyes r bleeding
you joining the Navy Seals, spinny?
between the elevation and the smog, a 10 minute mile, in scranton, is really quite fast.
in philly ive seen people jog while eating scrapple.
four miles round trip for a WEN spicy bcn8r...check for the bcn before you leave the window...hold the frosty, bringing home the golf leauge hardware this year indeed.
navy seals? i thought spinny was in the girl scouts
oh wait.....that's frosty
lil' schoolgirl that he is
uh Bud...not my fault your dream of becoming a jockey was crushed...look to Spin for inspiration...making a run at the senior tour, next stop scranton pub links championship.
I wonder what does best ... the ADP or the BLS after 10 revisions including theh big annual one on the business birth-death model ?
based on the GDP number, it looks like ADP has been more accurate to reality.
good luck bunker boys...trade well.
the Fed really believes inflation will moderate...maybe if they keep saying that over and over they will actually believe it...remember, its only a lie if you don't believe...g costanza
"hank and ben"
lmaooooooooo
we all watched melrose place
Ben obeyed ... that is good.
Fischer, Plosser are fools.
Bunkerman...I don't read one and done...Ben fourth and goal ppffttt.
Bunkerman a common man trucker concerned with US dollar weakness sir....he is loosing faith in your boy Ben....what can you say to assuage his concerns over the dollar and inflation sir?
frosty ... Liesman's point about the 8 weeks to next Fed meeting is correct.
Uness data weaken more, Fed is done for the summer.
to common man trucker re dollar, inflation: patience, grasshopper.
ping pong rules,
sell on the news.
real buyers do it on dips,
they don't buy beefer rips.
did Brazil just win the war?
goooooooooooooooooaaaaaaaaaaal!!!!!
chelsea
i love ping-pong
beefers rule !!!!!
die 'uptick rule' die !!!!!!!!
is this 1920s type manipulation?
no excuses...Ben screwed the pooch again...you think beefers wouldn't have ripped the heart out of the last bears if they had confidence ...of course they would...I don't understand the defense of that POS.
SELL IN MAY AND GO AWAY
ronaldo is in hiding.
u gotta wonder if he got a hummer from the tranny before he figured out it was packing a tree trunk instead of a camel toe.
not manipulation ... the poem captures it perfectly ... beefers wanted buyers high to flip trades to, but ... they weren't there ... they await a dip ... so beefers bailed like ... yokels caught in a raid at a speakeasy.
Michael Moore
He's backing Obama and talking tough on Clinton. Michael Moore joins Larry King and takes your calls & emails. Tonight, 9 ET
sadly ill be watching the flyers.
47 minutes..pffftttttt
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