Looks like election polling just bumped up a notch on the long list of things the French do well. Glad they saw fit to ignore attempts to control their (all of our) near term destiny. Bumpy road ahead for Macron. Could be a short one depending on ...

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Most important stat today. Just heard about some turning in blank "protest" ballots. Turnout may not mean votes. Headed out. By the time I'm back onshore to an internet signal tonight it will all be over. Here's to hoping for the best outcome. ...

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So we got one guy congratulating himself for totally calling the email hack last week when he blamed the press for distorting polls (not sure how those two things are related but he thought it deserved a victory lap either way). Then we got another ...

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What kind of music you hear while you trade?

Let NZ open.

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Where are we? ST: Looking at sisse's short term chart above, it comes clear we are extending the top of the range in outlook BUY. How's that for untradeable? MT: above the flip (or at the flip if you've seen fit to move it up since sell got softer) ...

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10:90 from where I'm sitting. But it will be a good show. I know the one you are talking about. Only difference here is you want them all of them on both teams to get voted off the island. Careful with that Marie Claire. I hear it's a gateway ...

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They dont make 'em like they used to.

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More like beat it into submission and send it back to the house to die. The "win" they are seeking here will come in the form of a less than earnest "We tried."

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What about participation? Wouldnt wages have gone up if the good unemployment print was due to more real demand for employees?

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I remember. Of course theres a pretty huge difference in implications between 14 and 56 but at 100+ plenty said 26 was chicken little because of those implications. Sky didnt fall though when we hit 26.

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Good points as always. And I remember when your last "unrealistic" target on that 56.xx got hit.

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Unpredictable of course, but its hard to expect much from speeches this afternoon. I guess if any surprises came from Fed speeches, counterintuitively, it might more likely come from the other two as opposed to Yellen given the topics. But I doubt ...

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Also check hoom's point about the participation rate. Much like a burrito at Chipotle, its the kind of stat that, once the good unemployment number starts to digest, gives the market 2nd thoughts about what they just ate.

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Expectations for an overshoot turns overshoot into inline (so to speak). My feeling was a beat of 205k would be seen as overshoot. Should have made that number a little bit higher (230k?) but it was close. The wage number was inline with printed ...

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Net=inline. Muted reaction.

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TA levels I am eyeballing: 1.088x to the downside which could give way to 1.082x. A break of that level next week should point to 1.073x and south. To the upside looking at a breach of the handle giving way to 1.104x/5x (and clearing the way into ...

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Seems a 4-7 cent increase in AHE to around $26.19/20 would be inline right? And a no change or drop is a flop. Over $26.24 is overshoot? Something like that? (thats what I meant. Got your point loud and clear.)

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I can see what you mean. Thanks for the input Fadhl!

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Good point there. Thanks. The labels on the chart and "The Numbers" part of my post are too focused on the jobs number. Makes sense. What would constitute a Flop/Inline/Overshoot in your estimation?

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