Off-Topic Stock Market & Crypto Discussion

[Tony4Canes]

Wonder what he up to?

 

[90scane]

Wonder what he up to?

Planning for a higher tax rate in 2025+.

The bigger question- of the 1.6B, how much has carry forward losses to cover the taxes? Have to believe he has a good amount of real estate to cover that tax bill.

A little off topic- I was married in front of one of Dells houses in Hawaii.

 

[mr.h]

10:00 USD Construction Spending (MoM) (Aug) -0.1% 0.2% -0.5%
10:00 USD ISM Manufacturing Employment (Sep) 43.9 47.0 46.0
10:00 USD ISM Manufacturing New Orders Index (Sep) 46.1 45.0 44.6
10:00 USD ISM Manufacturing PMI (Sep) 47.2 47.6 47.2
10:00 USD ISM Manufacturing Prices (Sep) 48.3 53.5 54.0
10:00 USD JOLTs Job Openings (Aug) 8.040M 7.640M 7.711M
Mixed
Manufacturing new orders up
PMI - down
Prices- down
Jolt job openings up
APPL plant in India closed due to fire….

 

[mr.h]

Tomorrow @10:00
Jobless claims…unemployment activity
PMI Sept….gauges US private business activity in manufacturing and services
Also relates to GDP….any number over 50 shows expansion…

 

[We'retheBoss]

Tomorrow @10:00
Jobless claims…unemployment activity
PMI Sept….gauges US private business activity in manufacturing and services
Also relates to GDP….any number over 50 shows expansion…

I'm curious to see what sort of impact the hurricane is going to have on the tech market, with the Spruce Pine quartz facilities in western NC temporarily halting production

 

[mr.h]

08:30 USD Continuing Jobless Claims 1,826K 1,827K
08:30 USD Initial Jobless Claims 225K 222K 219K
08:30 USD Jobless Claims 4-Week Avg. 224.25K 225.00K
09:00 BRL S&P Global Composite PMI (Sep) 55.2 52.9
09:00 BRL S&P Global Services PMI (Sep) 55.8 54.2
09:00 RUB Central Bank reserves (USD) 633.6B 625.2B
09:45 USD S&P Global Composite PMI (Sep) 54.0 54.4 54.6
09:45 USD S&P Global Services PMI (Sep) 55.2 55.4 55.7
10:00 USD Durables Excluding Defense (MoM) (Aug) -0.2% -0.2%
10:00 USD Durables Excluding Transport (MoM) (Aug) 0.5% 0.5%
10:00 USD Factory Orders (MoM) (Aug) -0.2% 0.1% 4.9%
10:00 USD Factory orders ex transportation (MoM) (Aug) -0.1% 0.3%
10:00 USD ISM Non-Manufacturing Business Activity (Sep) 59.9 53.3
10:00 USD ISM Non-Manufacturing Employment (Sep) 48.1 50.2
10:00 USD ISM Non-Manufacturing New Orders (Sep) 59.4 53.0
10:00 USD ISM Non-Manufacturing PMI (Sep) 54.9 51.7 51.5
10:00 USD ISM Non-Manufacturing Prices (Sep) 59.4 56.3 57.3
A lot of ****
Jobless claims up
PMI up
ISM up except for employment

It looks to me that the economy is strong, consumers are consuming, but employment is slowing.
Employment numbers tomorrow
Rate cuts, imo, is a done deal. If employment stabilizes, this sure looks like a soft landing.
War with Iran will raise oil prices

 

[SpikeUM]

For $1 and assume debts

@90scane arent the dish services essentially obsolete with streaming?

 

[SpikeUM]

I'm curious to see what sort of impact the hurricane is going to have on the tech market, with the Spruce Pine quartz facilities in western NC temporarily halting production

Beautiful area that has been destroyed

 

[90scane]

@90scane arent the dish services essentially obsolete with streaming?

As Starlink rolls out, yes. Consumers can pay $100 for dish plus $50 for crappy internet or pay $130 for starlink and pay for services.

Once Amazon catches up, there will be multiple options for internet anywhere.

 

[Tony4Canes]

As Starlink rolls out, yes. Consumers can pay $100 for dish plus $50 for crappy internet or pay $130 for starlink and pay for services.

Once Amazon catches up, there will be multiple options for internet anywhere.

Think was talking tv aspect of deal

With regular cable, DirecTV and streaming as options, I see no concern for the deal

 

[Tony4Canes]

Similar to Sirius and XM combining for satellite radio

 

[90scane]

Think was talking tv aspect of deal

With regular cable, DirecTV and streaming as options, I see no concern for the deal

The issue is far more complicated than current services. The real concern imo are rights to frequencies and satellite locations.

 

[mr.h]

08:30 USD Average Hourly Earnings (YoY) (YoY) (Sep) 4.0% 3.8% 3.9%
08:30 USD Average Hourly Earnings (MoM) (Sep) 0.4% 0.3% 0.5%
08:30 USD Average Weekly Hours (Sep) 34.2 34.3 34.3
08:30 USD Government Payrolls (Sep) 31.0K 45.0K
08:30 USD Manufacturing Payrolls (Sep) -7K -5K -27K
08:30 USD Nonfarm Payrolls (Sep) 254K 147K 159K
08:30 USD Participation Rate (Sep) 62.7% 62.7% 62.7%
08:30 USD Private Nonfarm Payrolls (Sep) 223K 125K 114K
08:30 USD U6 Unemployment Rate (Sep) 7.7% 7.9%
08:30 USD Unemployment Rate (Sep) 4.1% 4.2% 4.2%

Non farm payrolls Sept-254k up …CRUSHED IT
Unemployment Rate sept-4.1% down
Hourly earnings MoM up
Hourly earnings YoY up

Soft landing…
PS..port workers end strike

 

[SpikeUM]

Remember that the jobs number was already revised down by 800K earlier this year......that will likely happen again next year.

 

[Tony4Canes]

Remember that the jobs number was already revised down by 800K earlier this year......that will likely happen again next year.

Curious, why does that happen?

These are new payroll jobs non-farming?

 

[SpikeUM]

Curious, why does that happen?

These are new payroll jobs non-farming?

Best guess is that there is something wrong with their methodology

 

[mr.h]

Best guess is that there is something wrong with their methodology

Maybe because the readings are too early…but, no matter, this is a very good number.

 

[SpikeUM]

Maybe because the readings are too early…but, no matter, this is a very good number.

You are missing the point....if its wrong, its useless. Also, look at the 10 year, its back near 4%

 

[JD08]

Given the history of the revisions, it's becoming difficult to trust the data.

 

[90scane]

You are missing the point....if its wrong, its useless. Also, look at the 10 year, its back near 4%

What is driving the 10yr higher? The thought that the U.S. treasury is going to have to keeping paying higher rates to fund the government.