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USD/JPY Discussion

  • #74,241
  • Mar 7, 2018 10:21am Mar 7, 2018 10:21am
Quoting SunTrader
{quote} Yes you too can lie about your successes and if you act now we will send twice as mush horses..t with double your money back no questions asked. Well see the disclaimer in fine print or else see my pit bull law firm. Too funny people sick and tired of the same old politicians love the same old tactics Trumpie uses to snow them once again.
Horse..t rolling in already. Funny thing is it's rectangular and green.

One of my favorites things Trump did with the Tax bill was finally getting rid of the mandate to buy insurance. I feel so snowed!
  • #74,242
  • Mar 7, 2018 10:26am Mar 7, 2018 10:26am
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  • #74,243
  • Mar 7, 2018 10:32am Mar 7, 2018 10:32am
short 106.20 target 105.25 stop 106.35
  • #74,244
  • Mar 7, 2018 11:22am Mar 7, 2018 11:22am
Quoting Winston Reed
{quote} Horse..t rolling in already. Funny thing is it's rectangular and green. One of my favorites things Trump did with the Tax bill was finally getting rid of the mandate to buy insurance...
Funny also, that was the only part of the "tax" bill that made any sense - getting rid of the mandate. The rest was unnecessary and just a give back to corporate donors that everyone here lol wants to see lose out.

Got a brother who works for Fedex in NYC. Got a bonus and a pay cut. Whether you believe it or not.

But in any case Corporations got huge tax break and plenty of good will by giving out paltry bonuses.
Paycheck and bennies matter. Let's see what NFP says about hourly wages again.

Meanwhile I punched in the consensus estimate for this month and here is what monthly chart looks like for past 10 years. Great recession on far left and then slow and steady job growth ever since. Yet somehow Trumpie said Pres Obama did nothing and Trumpie is the great job creator and with the huge tax cut .... job growth rate hasn't improved. Wha happin? Hmmm maybe Trumpie is only good at employing Trumpie and family. Oh and that revolving door at the WH employment office keeps spinning. There too.
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  • #74,245
  • Mar 7, 2018 12:23pm Mar 7, 2018 12:23pm
Quoting SunTrader
{quote} Funny also, that was the only part of the "tax" bill that made any sense - getting rid of the mandate. The rest was unnecessary and just a give back to corporate donors that everyone here lol wants to see lose out. Got a brother who works for Fedex in NYC. Got a bonus and a pay cut. Whether you believe it or not. But in any case Corporations got huge tax break and plenty of good will by giving out paltry bonuses. Paycheck and bennies matter. Let's see what NFP says about hourly wages again. Meanwhile I punched in the consensus estimate for...
I much rather corporations get huge tax breaks that allow them to hire more workers. I love how you and liberals minimize bonuses and raises like they are meaningless. Every dime of those bonuses and raises is coming straight from those companies. Taxes are an involuntary confiscation of money so as long as the government isn't getting it I'm all for private enterprise and private citizens keeping their hard-earned money.

With the final revision of fourth-quarter GDP growth to 2.1 percent from its previous 1.9 percent level, President Obama is the only president since Herbert Hoover to not have guided the US economy to 3 percent growth in any year he was in office.

The U.S. economy expanded at a 3 percent annualized rate between July and September, advancing President Trump's goal of faster economic growth and potentially providing a tail wind to Republican efforts to overhaul the tax code.



https://upload.wikimedia.org/wikiped...ident_-_v1.png

I think the jury is still out on job growth during Trump's presidency. Job growth alone is only one measurement of overall employment health.
  • #74,246
  • Mar 7, 2018 12:48pm Mar 7, 2018 12:48pm
You'll eventually figure it out...He ain't doing this for you!
  • #74,247
  • Mar 7, 2018 12:50pm Mar 7, 2018 12:50pm
Quoting Winston Reed
{quote} I much rather corporations get huge tax breaks that allow them to hire more workers. I love how you and liberals minimize bonuses and raises like they are meaningless. Every dime of those bonuses and raises is coming straight from those companies. Taxes are an involuntary confiscation of money so as long as the government isn't getting it I'm all for private enterprise and private citizens keeping their hard-earned money. With the final revision of fourth-quarter GDP growth to 2.1 percent from its previous 1.9 percent level, President Obama...
You're a believer so it doesn't matter if more of the money goes to stock buybacks and dividends than actual job growth. Admit it.

But it wasn't bonuses and raises. Never said a thing about raises. Either did most employers.

$1000 one-time bonus (most won't get that much) works out to $19/week, but at the end of 52 weeks it works out to $0/week.

Nice! Looks good being reported by the eeeevil MSM until the shine wears off.
  • #74,248
  • Mar 7, 2018 12:54pm Mar 7, 2018 12:54pm
Quoting nealpek
You'll eventually figure it out...He ain't doing this for you!
Yeah he is and he's proving it day in and day out. All the deplorables selling out Trump's rallies prove it. All those supporting Trump are not fake. They're real people and they appreciate the "paltry" bonuses and raises they're getting as a result of the tax bill. The results of the Texas primaries are in. The media hyped up the false narrative that the democrats were gonna turn Texas blue but it's quite the opposite.

Trump hate is rampant but it has no basis other than for hate's sake. So keep on hating.
  • #74,249
  • Mar 7, 2018 12:54pm Mar 7, 2018 12:54pm
Quoting nealpek
You'll eventually figure it out...He ain't doing this for you!
Yup I have no love for the Reps and especially the Dems, but the Reps will kick Trumpie to the curb when the time is right.

Meanwhile the same ones will fall again for the next one, from either party.
  • #74,250
  • Mar 7, 2018 12:59pm Mar 7, 2018 12:59pm
Job growth means nothing. Income growth combined with true unemployment rates (and not the fudged numbers our govt. has presented for decades) are true economic indicators.

There were tons of jobs created under Obama. Thanks to the Obamacare mandates, companies cut their full time employees and then hired back 1 for 2 part time employees, paying them less with no benefits. But the economy didn't recover, we just went further and further into debt paying for programs that would never work.

The fact is we cannot continue to ship jobs overseas and import foreign labor to work at half the price as Americans and have a stable economy. Trump is the first major candidate to actually speak up on these issues. If he can fix them is another thing, but at least he honestly discussed them, which is a huge step compared to Clinton, Bush, Obama and most every other person in DC.
  • #74,251
  • Mar 7, 2018 1:04pm Mar 7, 2018 1:04pm
Quoting SunTrader
{quote} You're a believer so it doesn't matter if more of the money goes to stock buybacks and dividends than actual job growth. Admit it. But it wasn't bonuses and raises. Never said a thing about raises. Either did most employers. $1000 one-time bonus (most won't get that much) works out to $19/week, but at the end of 52 weeks it works out to $0/week. Nice! Looks good being reported by the eeeevil MSM until the shine wears off.
If they are buying back stock and paying dividends then damn good for them!!! This strengthens the company. Why are you so much against free enterprise?

Bonuses, increased salaries, company expansion with inherent new hiring to accompany that expansion. Some are getting $1,000 bonuses and some up to $2,500 plus raises. Some are getting increases in benefits. None would have happened without Trump's tax plan. Again you minimize their impact on ordinary hard-working Americans. A one-time bonus all in "cash" is significant. It is not being doled out over 52 weeks. If you're making minimum wage it's a big deal. Many companies are raising salaries. Target, Walmart and others. Target is increasing their minimum to $12.00/hour. Other's are going up to $15.00/hr and not because the state like California is imposing it on them. Their doing it on their own. Their doing it because of Trump's policies.
  • #74,252
  • Mar 7, 2018 1:05pm Mar 7, 2018 1:05pm
NFP is full time jobs. But if you didn't believe the labor stats before why do you have any shred of confidence the BLS labor stats would be real under this lying friggen President?
  • #74,253
  • Mar 7, 2018 1:11pm Mar 7, 2018 1:11pm
Quoting Winston Reed
{quote} If they are buying back stock and paying dividends then damn good for them!!! This strengthens the company. Why are you so much against free enterprise? Bonuses, increased salaries, company expansion with inherent new hiring to accompany that expansion. Some are getting $1,000 bonuses and some up to $2,500 plus raises. Some are getting increases in benefits. None would have happened without Trump's tax plan. Again you minimize their impact on ordinary hard-working Americans. A one-time bonus all in "cash" is significant. It is not being...
I didn't say it is being doled out over 52 weeks.

That is what a whopping $1000 comes to ... if it was in the form of a raise instead.

Of course give a bunch of people $1000 and it helps. Right up till it is spent and gone.

If giving corporations a Yuuuuge tax break was going to create a Yuuuuuuge amount of new jobs you would think with this roaring stock market and record breaking profits (for many, many years now, not just since Trumpie got elected) ) it would have shown in the stats. But nooooooooooo..

"Give a man a fish and you feed him for a day. Teach him how to fish and you feed him for a lifetime” - Lao Tzu
  • #74,254
  • Mar 7, 2018 1:11pm Mar 7, 2018 1:11pm
Quoting SunTrader
NFP is full time jobs. But if you didn't believe the labor stats before why do you have any shred of confidence the BLS labor stats would be real under this lying friggen President?
The new hire numbers under Trump have been dismal as well. Just pointing out that the job growth under Obama was largely replacing full time employees with part time employees.

I don't see there being a hiring surge under we cut off the immigration and visa situation and find a way to get companies to hire Americans (tariffs, tax breaks, or what ever else).
  • #74,255
  • Mar 7, 2018 1:58pm Mar 7, 2018 1:58pm
Quoting SunTrader
{quote} I didn't say it is being doled out over 52 weeks. That is what a whopping $1000 comes to ... if it was in the form of a raise instead. Of course give a bunch of people $1000 and it helps. Right up till it is spent and gone. If giving corporations a Yuuuuge tax break was going to create a Yuuuuuuge amount of new jobs you would think with this roaring stock market and record breaking profits (for many, many years now, not just since Trumpie got elected) ) it would have shown in the stats. But nooooooooooo.. "Give a man a fish and you feed...
There's more to measuring an overall economy than new jobs. It takes more than one year to fix 8 years of attempted socialism.

Many 1000s if not millions are benefitting from bonuses and increased wages. The stats do reflect increased salaries and this has a lot to do with increasing inflation leading to the feds increasing interest rates.
  • #74,256
  • Mar 7, 2018 2:06pm Mar 7, 2018 2:06pm
Price is at 106.10 now might be a good spot for a short
  • #74,257
  • Mar 7, 2018 2:08pm Mar 7, 2018 2:08pm
Quoting 4xjunkie
Price is at 106.10 now might be a good spot for a short
You might be correct. This pair has been fatiguing me since the news release. I'm not sure what to expect right now.
  • #74,258
  • Mar 7, 2018 2:15pm Mar 7, 2018 2:15pm
I've been through this before, just trying to help folks out. Big impulsive. Moves with little to no pullbacks , makes it tuff, if it double bottoms 105.24 area then things should go back to a more normal p.a.
  • #74,259
  • Mar 7, 2018 2:29pm Mar 7, 2018 2:29pm
Another look at this pair from today. I had the gray area as supply, where price took off strongly and consumed multiple higher lows. So obviously there would be some orders pending in this area. But the area under the arrow is where the selling really kicked in. So the orders would likely be in this area, but price go above this area, still within the zone, to the ellipse. The ellipse are where the stop orders for the down move would be placed. So the big boys pushed price up there, hit the retail stop orders and was able to fill for a move down.
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  • #74,260
  • Mar 7, 2018 2:34pm Mar 7, 2018 2:34pm
Quoting Winston Reed
{quote} There's more to measuring an overall economy than new jobs. It takes more than one year to fix 8 years of attempted socialism. Many 1000s if not millions are benefitting from bonuses and increased wages. The stats do reflect increased salaries and this has a lot to do with increasing inflation leading to the feds increasing interest rates.
It was more than an attempt by Pres Obama but both right and left continue to push us down the path to a Socialist State.
And The Fed is the biggest joker going enabling it all, with 25 basis point rate increases 2,3 4 times a year being trivial.

So total full time job growth is meaningless but somehow a small fraction of the massive tax cut getting down to the deplorables is. Gotcha.
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