Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market
https://www.cnbc.com/2024/08/08/weekly-jobless-claims-fall-to-233000-less-than-expected-in-a-positive-sign-for-labor-market.html
Posted by GringottsWizardBank
31 Comments
So we sell for fear the rate cut wont be as big. Got it.
Let’s see a 5% gain and save my calls
So let me get this straight. An 8000 person difference in one week is what makes or breaks the entire US economy?
Make it make sense
SHREKING 
Who saw this coming
this will be “adjusted downward” in a week with no coverage.
Probably setup for another pump and dump day.
Hmmm but I still can’t get a job?
So no recession? Stonks Moon 🚀
Bears losing their mind 
Reddit will spin this into a sign the Great Depression 2.0 is near.
the intel grandma guy will recoup 1% of his losses.
What does this even mean? Making a big deal out of anything
Last weeks job report was bad but this weeks jobless report is good?
I don’t know what that means but if it puts an end to those 🌈 🐻 then I guess it’s ok
Calls are back on the menu fellas. And puts too. I don’t fucking know
People not losing jobs but no one is getting hired. We’re in step 1 and if corporate earnings come back negative again next Q I expect the steep layoffs to begin.
So, this is good news! Oh, wait.. the rates won’t be cut then, so its bad news. Wait, but then isn’t it the same as before so the market should be flat? But it’s been down lately, so it’s good news. Oh damn, forgot this was a casino!
I still don’t buy it.
Recession cancelled
Fuck the gay bears
Fuk u gey bers
Where is the logic here?
It’s all about perceptive and headlines!
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Continuing claims are at a 33 month high.
Holding my calls but I’m skeptical this news will be a positive catalyst for the market. I think the market is stuck in a weird place right now where any news is bad news. Jobless claims coming in lower doesn’t necessarily give us a signal that a recession is averted, but it definitely gives another data point to the fed that they can wait on rate cuts.
I think I have been bamboozled as I bought spy and Nvidia pre market because of this report
People can’t afford to not work in these times
Wait for the correction. Always gets corrected in the opposite direction.
People giving up…2007-2008 all over again.
yeah that doesn’t mean anything, wall street bols are desperately grasping at any straws. Wait till month’s job report lmfao.
lmfao bull are so fucking desperate for a pump it’s actually kind of sad lmfao
Numbers are out of context. The only thing that kept this report from being an utter disaster was the TX numbers. Prob all construction.