US jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness | Metals Mine

  • US jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness

    From cnbc.com

    Initial claims for unemployment insurance were well below expectations last week, helping to douse caution at the Federal Reserve and elsewhere that the labor market is in danger. First-time filings for the week ending Sept. 20 totaled a seasonally adjusted 218,000, down 14,000 from the prior week’s upwardly revised figure and significantly less than the Dow Jones consensus estimate for 235,000, the Labor Department reported Thursday. Continuing claims, which run a week behind, were little changed, falling 2,000 to 1.926 million. The release comes just a week after the Federal Reserve voted to lower its benchmark ... (full story)

Comment Options
rehmatkhan00
Sep 25, 2025 9:08am
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The data since yesterday seems to be really fishy I am not gonna trust it as long as liar like Trump is there to bend things into his favor
Reply
Schultz
Sep 25, 2025 10:05am
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Quoting rehmatkhan00
The data since yesterday seems to be really fishy I am not gonna trust it as long as liar like Trump is there to bend things into his favor
I'm not going to comment on the integrity of the data. But always remember a few things.

Trump and his team are of an authoritarian ideology.

Trump fires and replaces anyone who make hm look bad. If that is anymore possible than he already does by his own hand.

Trump is a pathological liar.

Policy and supporting evidence may be contradictory. That doesn't matter.
Reply
Schultz
Sep 25, 2025 10:24am
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Quoting Trader#0598
{quote} Is that your trading strategy?
You are a non-registered bot. I don't answer questions by bots.
Reply
Trader#94F0
Sep 25, 2025 9:20am
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Numbers faked by Trump admin. It's a banana republic these days.
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objective
Sep 25, 2025 9:06am
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Very low trust in this data.
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simon2005
Sep 25, 2025 8:54am
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Revisions incoming
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LightchaserG
Sep 25, 2025 11:32am
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I can not trust any numbers coming out of this administration...
Further to the numbers, they also said, they will have to go through Vigurs controls on claiming, so are the numbers correct? who knows, no one knows anymore. (the only news outlet which are saying they are correct is FOX, go figure).
Reply
objective
Sep 25, 2025 3:06pm
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Made some good profits on this news.

But still, this data feels fake af. Cannot be trusted either way anymore, until faith in institutions, professionalism, and independence restored. On its way to becoming a Banana republic. Sadly.
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Trader#58A7
Sep 25, 2025 8:56am
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Quoting simon2005
Revisions incoming
There will be no revisions. The data is now whatever it needs to be. Trusting any of it is like gambling, so it's simply better to ignore it entirely.
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Trader#0598
Sep 25, 2025 10:12am
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Quoting Schultz
{quote} I'm not going to comment on the integrity of the data. But always remember a few things. Trump and his team are of an authoritarian ideology. Trump fires and replaces anyone who make hm look bad. If that is anymore possible than he already does by his own hand. Trump is a pathological liar. Policy and supporting evidence may be contradictory. That doesn't matter.
Is that your trading strategy?
Reply
Jr123
Sep 25, 2025 11:05am
Permalink
Quoting Schultz
{quote} I'm not going to comment on the integrity of the data. But always remember a few things. Trump and his team are of an authoritarian ideology. Trump fires and replaces anyone who make hm look bad. If that is anymore possible than he already does by his own hand. Trump is a pathological liar. Policy and supporting evidence may be contradictory. That doesn't matter.
Yes can't trust data releases any more. Much harder to trade fundamental strategies.
Time to use the old coin flip method.
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Trader#0D44
Sep 25, 2025 9:44am
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Does anyone trust Trump's numbers anymore?
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Trader#EE1E
Sep 25, 2025 2:07pm
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Some dumb brokeys in here by the obvious TDS comments. LMAO...
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Tradernew1
Sep 25, 2025 8:49am
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But still bad
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Trader#07A0
Sep 25, 2025 9:59am
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Do you understand the markets at all or do you just hate Trump for your losses? Yes the numbers may be revised but if you think Trump is cooking these numbers (which indicate a stronger job market and less likely to cut as a result) then should not be trading. Jeez.
Reply
Trader#C766
Sep 25, 2025 10:46am
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Quoting Trader#0598
{quote} Is that your trading strategy?
He’s not a trader, never has been therefore has no trading strategy. He’s one of the countless Trump hating idiots who try very hard to sound smart, but says actually nothing. Don’t believe me? Read his last hundred posts, there is no trading in there. Just mindless repetitive dribble about how orange man bad lol.

If you want a trading strategy it’s easy. As I’ve said for 5 consecutive months, but dips in equities, it’s free money. Stocks have never broken a prior low, until that happens every dip buy is a win. Look at today, huge move off the bottom. More free money for those who don’t have TDS.
Reply
Trader#BF6E
Sep 25, 2025 11:46am
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Quoting Trader#C766
... free money ...


Surprising how you can only have your bull goggles on, even on a down day, yet you can still pluck a few easy emini points to the UPSIDE.

Keep it simples. Works well for the back pocket and the mind
Reply
Trader#753B
Sep 25, 2025 1:42pm
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Quoting Trader#BF6E
{quote} Surprising how you can only have your bull goggles on, even on a down day, yet you can still pluck a few easy emini points to the UPSIDE. Keep it simples. Works well for the back pocket and the mind
Surprising? Why? Because we are in the strongest bull market of all time where not only are we not allowed to break any obvious support, we are never even allowed to even test it? Show a single instance since April where buying the dip didn’t work. Show a single example of selling not ending with ludicrously strong panic buying. Already happened twice today. Did you take both completely obvious wins?

Sure it will end someday, but that day is not today.
Reply
Trader#62CA
Sep 25, 2025 8:59am
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News today pretty surprising. Not sure how the Fed talk justifies a lot of cuts now. But the US economy is obviously much stronger than anticipated.
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Trader#0DBB
Sep 25, 2025 10:52am
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that number is a true number, why? it's speaks to what we sense, not by what they gave you(free meds, housing and stimulus) and then you believe. Weak, too weak.
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Trader#AB7D
Sep 25, 2025 11:24am
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CPUS numbers
Reply
Trader#0598
Sep 25, 2025 1:09pm
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Quoting Schultz
{quote} You are a non-registered bot. I don't answer questions by bots.
Do you journal all your losses?
Reply

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