Weekly US Jobless Claims Fall; Durable Goods Orders Drop - News and Current Events | futures io social day trading
futures io futures trading


Weekly US Jobless Claims Fall; Durable Goods Orders Drop
Updated: Views / Replies:303 / 3
Created: by Quick Summary Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Weekly US Jobless Claims Fall; Durable Goods Orders Drop

  #1 (permalink)
Quick Summary
Weekly US Jobless Claims Fall; Durable Goods Orders Drop

The number of Americans filing new claims for jobless benefits fell last week to near a four-year low, while new orders for long-lasting U.S. manufactured goods dropped in June.

More on CNBC...

Reply to share your thoughts on this current event.

 
  #2 (permalink)
Fortitudo et Honor
Austin, TX
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: Futures
 
Posts: 882 since Mar 2011
Thanks: 128 given, 703 received

So once everyone expends their UE benfits, I assume the Unemployment rate will fall to below record levels?

"A dumb man never learns. A smart man learns from his own failure and success. But a wise man learns from the failure and success of others."
Reply With Quote
 
  #3 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,668 since Nov 2010
Thanks: 776 given, 8,721 received
Forum Reputation: Legendary


RM99 - this is new claims....

so when no-one has a job any more, it'll be at record lows

Reply With Quote
 
  #4 (permalink)
Fortitudo et Honor
Austin, TX
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: Futures
 
Posts: 882 since Mar 2011
Thanks: 128 given, 703 received


DionysusToast View Post
RM99 - this is new claims....

so when no-one has a job any more, it'll be at record lows

I know, but that's the failure of the metric and the system....once you've already expended your benefits....you cannot claim again, so even if you find another job, and then lose it, you cannot generate a new jobless claim.

When people fall off unemployment, the government has no way of knowing what happen to them....did they find a job? Did they simply stop looking? Etc.

That's a large reason why the numbers haven't been worsening and even improving in some reports...not because the job market is improving, but simply because more and more people are falling off the radar.

Like the real inflation rate, the real unemployment rate is much higher....the Department of Labor massages the report, just like the Fed massages the CPI.

The real unemployment rate is several, if not more than 10% higher than the advertised number, and that doesn't include "undermployed" Americans...(those that lost their and regained a lower paying job or took a pay cut to keep their job).

"A dumb man never learns. A smart man learns from his own failure and success. But a wise man learns from the failure and success of others."
Reply With Quote
The following user says Thank You to RM99 for this post:

Reply



futures io > > > > Weekly US Jobless Claims Fall; Durable Goods Orders Drop

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Durable goods orders take biggest drop in three years GridKing News and Current Events 0 February 28th, 2012 10:06 AM
Jobless Claims Spike; Durable Goods Orders Jump 3% Quick Summary News and Current Events 0 January 26th, 2012 10:20 AM
Jobless Claims Drop Again; GDP Growth Slows to 1.8% Quick Summary News and Current Events 0 December 22nd, 2011 10:40 AM
Jobless Claims Drop as Layoffs Steady; Productivity Slides Quick Summary News and Current Events 0 September 1st, 2011 11:00 AM
Jobless Claims, Labor Costs Drop, Productivity Gains Quick Summary News and Current Events 0 February 3rd, 2011 09:50 AM


All times are GMT -4. The time now is 11:32 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-11 in 0.08 seconds with 19 queries on phoenix via your IP 54.82.81.154