Gross Domestic Product: Second Quarter 2018 (Advance Estimate), and Comprehensive Update

Gross Domestic Product: Second Quarter 2018 (Advance Estimate), and Comprehensive Update

From bea.gov

Real gross domestic product increased at an annual rate of 4.1 percent in the second quarter of 2018 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.2 percent (revised). The Bureau emphasized that the second-quarter advance estimate released today is based on source data that are incomplete or subject to further revision by the source agency (see "Source Data for the Advance Estimate" on page 2). The "second" estimate for the second quarter, based on more complete data, will be released on August 29, 2018. The increase in real GDP ... (full story)

Added at 7:33am

U.S. GDP Growth Hits 4.1%, Fastest Since 2014, in Win for Trump

From bloomberg.com

Consumer spending propelled U.S. economic growth to a 4.1 percent pace in the second quarter, the fastest since 2014, letting President Donald Trump claim a win for his policies even though most analysts see the high as temporary. The annualized rate of gains in gross domestic product was just shy of the 4.2 percent median forecast in a Bloomberg survey. It followed first-quarter growth of 2.2 percent that was revised from 2 percent, the Commerce Department reported Friday. Consumer spending grew 4 percent, more than estimated, while nonresidential business investment climbed at a 7.3 percent clip. Illustrating the ... (full story)

Comments / Top
Subscribe

OnlineAddict

Jul 27, 2018 10:06am

Permalink

Quoting Not-KPMG

Disliked

Remember 1.45 soon very soon Online LongAddict

Ignored

Yes, there will be 1.45, I never said a 1500 pip move would come soon, I am not trading demo like you. It may take months or a year, I don't really care, I will keep buying the dips and cashing out on every spike.

I still remember how you were shorting pound when it was 1.20...and then every 100 pips up you were telling people to short...until we reached almost 1.44. Good advice!

OnlineAddict

Jul 27, 2018 8:40am

Permalink

Quoting Pipmasterfx

Disliked

{quote} This cry baby is coming back! Werent u the one who suggest buy GU at 1.3120 yesterday but the price dropped until 1.3090 today? Yes, "1.34" by next week according to u. Not even 1.32, dreaming about 1.34 next week. What a joke!

Ignored

Now I see that you are not that bright, so I will explain it so you can understand it. Yes, I said GU is a good buy at 3120, so what if it dropped to 3090? Thats 30 pips. Show me where you posted a trade with 0 pip drawdown.

And a cry baby? Where did I ever whine about something...I went through shit in my life you wouldn't survive and I didn't cry once about it. I have no problem accepting a loss, if I see its inevitable, I never complain about the market, manipulation, I don't look for a non-existent enemy.

Pipmasterfx

Jul 27, 2018 8:53am

Permalink

Quoting classy

Disliked

{quote} he is a senior trader and your joined date 2018 may be you are best trader of forex factory but 1st learn how to respect senior trader or even junior any one can predict /analyses anything and remember anything can happen any time and it is the beauty and ugly part of this market.please stay with in peace.

Ignored

Yes i joined at 2018 but that doesnt mean i traded the market in 2018 brother. Yes anything can happen in market but one thing for sure, the market always stick to the trend (remember swiss franc crash in 2015 when everyone going long?) If he is a senior trader he should know better than me not to counter trading with a reason buying the dips? What if a junior trader read and believe that? One more thing, i wouldnt respect any people, either they are junior or senior, who called other people MORON! This man did it not a long time ago.

classy

Jul 27, 2018 8:36am

Permalink

Quoting Pipmasterfx

Disliked

{quote} This cry baby is coming back! Werent u the one who suggest buy GU at 1.3120 yesterday but the price dropped until 1.3090 today? Yes, "1.34" by next week according to u. Not even 1.32, dreaming about 1.34 next week. What a joke!

Ignored

he is a senior trader and your joined date 2018 may be you are best trader of forex factory but 1st learn how to respect senior trader or even junior any one can predict /analyses anything and remember anything can happen any time and it is the beauty and ugly part of this market.please stay with in peace.

aa4fx

Jul 27, 2018 3:14pm

Permalink

Quoting OnlineAddict

Disliked

{quote} Yes, there will be 1.45, I never said a 1500 pip move would come soon, I am not trading demo like you. It may take months or a year, I don't really care, I will keep buying the dips and cashing out on every spike. I still remember how you were shorting pound when it was 1.20...and then every 100 pips up you were telling people to short...until we reached almost 1.44. Good advice!

Ignored

1.45 on gu? maybe! after the parity + us buy all uk, with discount, and after will start ~~selling~~ renting it

Pipmasterfx

Jul 27, 2018 8:23am

Permalink

Quoting OnlineAddict

Disliked

{quote} I would bet anything we will see 3240 soon and there is nothing anyone can do about it. Easy money...like picking it up from the street.

Ignored

This cry baby is coming back! Werent u the one who suggest buy GU at 1.3120 yesterday but the price dropped until 1.3090 today? Yes, "1.34" by next week according to u.

Not even 1.32, dreaming about 1.34 next week. What a joke!

Trader#3444

Jul 27, 2018 10:50am

Permalink

Theres an old adage in the spoofers fx prediction manual..
Never put a price and a date on the same page.
Stick to that and youll be a Guru! LoL LoL LoL

classy

Jul 27, 2018 9:59am

Permalink

Quoting Pipmasterfx

Disliked

{quote} Read my last sentence please. That will explain the situation

Ignored

i read if he use any bad word than it is really sad .i don't support any bad language or any kind of insult though i don't see his quote still...please stay with peace .forex factory is like a my virtual family.i love all member even person who ignore me .i have an interestingness thread about ..you can check..after open that thread some people ignored me without any reason they stopped ignoring me ..my point you can use both hard way or soft way .soft way does not mean that you are weak!!
https://www.forexfactory.com/showthread.php?t=763471

kenleander

Jul 27, 2018 8:05am

Permalink

Stockpiling for tariffs OR lower tax burden and higher business activity ...next quarter: 1% or 4%?

Non residential business investment was up 7.3% ... when government stops sucking, business grows.

Ken A

Jul 27, 2018 7:35am

Permalink

Quote

Disliked

The Bureau emphasized that the second-quarter advance estimate released today is based on source data that are incomplete or subject to further revision by the source agency

Oops

Attached Image (click to enlarge)

Click to Enlarge

Name: Capture.jpg
Size: < 1 KB

classy

Jul 27, 2018 8:44am

Permalink

@pipmasterfx look my earlier post red candle people taking 100 pips down (anything can happen )but my chart/analysis ptz order block told me look there is a bluish pattern/sign may be you thought i am mad that time(i knew pattern may act or may be not but we are playing a probabilistic game)
https://www.forexfactory.com/showthread.php?p=11305951#post11305951

Not-KPMG

Jul 29, 2018 9:01am — Edited

Permalink

Quoting OnlineAddict

Disliked

{quote} Yes, there will be 1.45, I never said a 1500 pip move would come soon, I am not trading demo like you. It may take months or a year, I don't really care, I will keep buying the dips and cashing out on every spike.
I still remember how you were shorting pound when it was 1.20...and then every 100 pips up you were telling people to short...until we reached almost 1.44. :

Ignored

Looking at your post

, and 5 likes, of which 4 i ignored ages ago....laughable.

I'll reply this time only!!

I always advice extreme caution with pound!!!
I say avoid it... a lot.!!!!

I guess i sold 1.23-25.....last year bubba!!!
Before all lies and promises of 10 hikes a year

This year I sold 1.39 with few charts explaining...

And my "demo" runs pretty well - made few withdrawals

Sad about you how you promulgate long pound now, when Carney, Brexit etc screams sell....
You remember Carney?? Few months back??? So your current dream 1.45 and 1.35 even looks hard to reach

Even the Brexit lies 2 weeks ago faltered...

So....you wanna buy and hold??? To 1.45???
Who pays overnight swaps??? Your billion dollar trust fund??
LOL. Master trader.

Just saying....
And let's see 1.30 battle then decide. I don't care where i sell 1.2950 or 3250

🍻

OnlineAddict

Aug 2, 2018 4:21pm

Permalink

Quoting Not-KPMG

Disliked

How's the street.... You pick much money LOL

Ignored

Picking them up every month! Thanks for asking!

You should try a real account, too, then you wouldn't have so much time to troll around.

OnlineAddict

Oct 23, 2018 4:24pm

Permalink

Quoting Not-KPMG

Disliked

{quote} I'm saving this in my notes. I'll laugh and pull it occasionally The small trader with big target and bigger mouth LOL

Ignored

You mean like your post last year in december? When you traded 1.25 into 1.16, expecting parity and GU went from 1.25 into almost 1.44? You are so dumb, its not even funny.

Quoting Not-KPMG

Disliked

{quote} Triangle. Down breakout? Parity We'll I'm just modest 1.25 1.16 target.

Ignored

And also your famous euro shorts below 1.05. 😂

Quoting Not-KPMG

Disliked

Yohay is back. Was bullish last. oooops Quote : ...multi-year low of 1.0340. Only 1.0150 separates the pair from parity at this point. I am bearish on EUR/USD

Ignored

Ill-b-back

Jul 27, 2018 9:44pm

Permalink

Quoting OnlineAddict

Disliked

{quote} Dollar index will drop towards 90 soon, I am looking at the chart from all angles, and no bullishness to be seen anywhere.

Ignored

And yet, I keep looking at those bearish daily/weekly index tops and wonder why is hasn't crashed 🤔
9650-98 look like targets.
GU sub 1.3 again next week.

Robb1e

Jul 27, 2018 8:59am

Permalink

Quoting charterjoe

Disliked

{quote} Anythings better than Obama claiming its not possible.

Ignored

4.1% growth under Trump in Q2 of 2018 would rank as 5th strongest Q of Obama presidency

—5.1% Q2 2014
—4.9% Q3 2014
—4.7% Q4 2011
—4.5% Q4 2009

Pipmasterfx

Jul 27, 2018 10:44am

Permalink

Quoting classy

Disliked

{quote} i read if he use any bad word than it is really sad .i don't support any bad language or any kind of insult though i don't see his quote still...please stay with peace .forex factory is like a my virtual family.i love all member even person who ignore me .i have an interestingness thread about ..you can check..after open that thread some people ignored me without any reason they stopped ignoring me ..my point you can use both hard way or soft way .soft way does not mean that you are weak!! https://www.forexfactory.com/showthread.php?t=763471...

Ignored

No worry brother, i dont have any problem with u. Im always positive. No hard feeling. He was but not here. The other thread, not long time ago. I wouldnt disrespect people without any good reason, no matter you are senior or junior.

Bakker

Jul 27, 2018 7:51am

Permalink

market indecisive of what to do with the number

Ken A

Jul 27, 2018 8:06am

Permalink

He is too busy covering up his trails atm.

But worry not, the rooster will be gloating the sunrise with glee.

Attached Image (click to enlarge)

Click to Enlarge

Name: Capture.PNG
Size: 83 KB

Not-KPMG

Jul 27, 2018 8:48am

Permalink

Quoting classy

Disliked

{quote} he is a senior trader and your joined date 2018 may be you are best trader of forex factory but 1st learn how to respect senior trader or... of this market.please stay with in peace.

Ignored

Good advice, bad kissing you doing though.

Respect is earned, not asked by crazy notions....
Remember 1.45 soon very soon

Online LongAddict

kenyanpiper

Jul 27, 2018 7:41am

Permalink

waiting for trumpET to gloat

charterjoe

Jul 27, 2018 8:03am

Permalink

Quoting kenyanpiper

Disliked

waiting for trumpET to gloat

Ignored

Anythings better than Obama claiming its not possible.

classy

Jul 27, 2018 9:22am

Permalink

Quoting Pipmasterfx

Disliked

{quote} Yes i joined at 2018 but that doesnt mean i traded the market in 2018 brother. Yes anything can happen in market but one thing for sure, the market always stick to the trend (remember swiss franc crash in 2015 when everyone going long?) If he is a senior trader he should know better than me not to counter trading with a reason buying the dips? What if a junior trader read and believe that? One more thing, i wouldnt respect any people, either they are junior or senior, who called other people MORON! This man did it not a long time ago.

Ignored

again you are in wrong track brother i was talking about respect !! please read again (if you really want or i am hands up!!)

Not-KPMG

Aug 2, 2018 4:14pm

Permalink

Quoting Pipmasterfx

Disliked

{quote} Watch out for 1.3150 area if the market make retracement.

However i'm bearish on this pair and target 1.29 area in short term and 1.27 in medium term

Ignored

Real smart guy!!

Respect.

Quoting OnlineAddict

Disliked

{quote} I would bet anything we will see 3240 soon and there is nothing anyone can do about it.

Easy money...like picking it up from the street.

Ignored

How's the street.... You pick much money

LOL

Not-KPMG

Aug 3, 2018 4:04pm

Permalink

Quoting OnlineAddict

Disliked

{quote} Picking them up every month! Thanks for asking! You should try a real account, too, then you wouldn't have so much time to troll around.

Ignored

Come on

Trolling??
I bloody work all day, miss many good entries and barely make few hundred $$ on good day.

But knowing the direction, i miss ALL BAD TRADES

Demo you say??

Did a withdrawal few days ago.
The triangle in Euro was highly profitable.

Here's my proposal - let's drop by in the Cable Thread, need to show you something

Not-KPMG

Oct 23, 2018 3:14pm

Permalink

Quoting OnlineAddict

Disliked

{quote} Yes, there will be 1.45, I never said a 1500 pip move would come soon, I am not trading demo like you. It may take months or a year, I don't really care, I will keep buying the dips and.....few lies here by O.Add...... Good advice!

Ignored

I'm saving this in my notes.
I'll laugh and pull it occasionally

The small trader with big target and bigger mouth

LOL

Not-KPMG

Oct 1, 2019 3:23pm

Permalink

Quoting Pipmasterfx

Disliked

{quote} Watch out for 1.3150 area if the market make retracement. However i'm bearish on this pair and target 1.29 area in short term and 1.27 in medium term

Ignored

Now that's a smart fellow.

Think he left us 😨😨

Pipmasterfx

Jul 27, 2018 8:10am

Permalink

Quoting elanjaelani

Disliked

Buy GBP/USD💪💪💪💪☺

Ignored

Watch out for 1.3150 area if the market make retracement. However i'm bearish on this pair and target 1.29 area in short term and 1.27 in medium term

Pipmasterfx

Jul 27, 2018 9:25am

Permalink

Quoting classy

Disliked

{quote} again you are in wrong track brother i was talking about respect !! please read again (if you really want or i am hands up!!)

Ignored

Read my last sentence please. That will explain the situation

Pipmasterfx

Jul 28, 2018 12:26pm

Permalink

Quoting Ill-b-back

Disliked

{quote} And yet, I keep looking at those bearish daily/weekly index tops and wonder why is hasn't crashed 🤔 9650-98 look like targets. GU sub 1.3 again next week.

Ignored

Agreed. 98-99 area is the target (medium term)