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EdmondDantes_

(535 posts)

11. Most things aren't linear and the market is irrational

Reply to a kennedy (Original post)

Fri Jun 6, 2025, 11:36 AM

Jun 6

Stop obsessing over every up and down. The monthly jobs numbers (more precisely the first iteration of them) were better than expected, unemployment remains near historical lows. But also yesterday's issues between Trump and Musk caused some stocks to drop and if you think those stocks are still solid, it becomes a good time to buy.

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and why is the DOW up over 500 points??? [View all] a kennedy Jun 6 OP

Project 2025 is ahead of schedule. gab13by13 Jun 6 #1

May employment report wasn't as bad as anticipated eallen Jun 6 #2

I think Rebl2 Jun 6 #4

Maybe. But the economy continues to be resilient. Self Esteem Jun 6 #5

I've seen Rebl2 Jun 6 #21

That's more confirmational bias. Self Esteem Jun 9 #24

Damned if I know; pay no attention. Ocelot II Jun 6 #3

Curious as to whether layoffs have made processing unemployment numbers wonky so that the data is not reliable JT45242 Jun 6 #6

NO. First of all, unemployment claims have zero impact on the unemployment rate and jobs numbers. Wiz Imp Jun 6 #12

Oh. And the report on the CPI/inflation data was NOT an example of manipulation. Wiz Imp Jun 6 #13

Thanks -- i did not know how the data was collected and compiled for this unlike the CPI JT45242 Jun 6 #16

What is your point? Kingofalldems Jun 6 #7

No point, just curious...... a kennedy Jun 6 #8

This is good news. We should be rooting for a strong economy no matter who is in charge. It's in our beaglelover Jun 6 #9

I made Greg_In_SF Jun 6 #23

This Polybius Jun 9 #25

Good. Xavier Breath Jun 6 #10

Most things aren't linear and the market is irrational EdmondDantes_ Jun 6 #11

This is a set up.. Lovie777 Jun 6 #14

Agree. ananda Jun 6 #15

Churning. Traders don't make money unless the prices move. Midnight Writer Jun 6 #17

Better than expected jobs report. nt. andym Jun 6 #18

The federal employees laid off-- thousands-- are probably still getting paid. viva la Jun 6 #20

Because the "Market" is only tangentially connected to the regular economy. haele Jun 6 #19

because powerful people WANT it to go up. WarGamer Jun 6 #22

Something about Trump and Xi discussing tariffs, I think Walleye Jun 9 #26

I still think the market is overpriced. Scruffy1 Jun 9 #27

CNN fear and greed index dropped to 3 on 4/8 ... cliffside Jun 9 #29

buy low... sweetapogee Jun 10 #30

Whether the markets go up 500 points or down 500 points ... Tarzanrock Jun 9 #28