Why Bad news is Good news?

PJoo
2022-10-07

Investors are observing the jobless rate indication. Current jobless data is showing worst then estimates. Meaning more people are losing their jobs - bad news. However, bad news is good because when people are losing their jobs, they are cutting off their spending. Therefore market react positively towards it.

For now I have not seen the silver lining to start buying stocks with significant amount of cash due to the following. 

1. Jobless data is catch 22. Even Fed wants it, Biden will not. This jobless hike will turn political as Biden will pressure Fed to stop hiking. Maybe. 

2. Mid term election perks - all of you may know but selective to be construction and consumar related. Probably.

3. Oil prices are getting higher again. This is hiking up inflation. Its Biden vs Opec +, never ending up and down. 

4. Magic number of 4% yield rate for 10 Yr treasury. It s like good number to put aside to get returns, this will be weakening the equities. 

Conclusion - Volitile, choose to trade $AMD(AMD)$give us heads up on what's coming. Slashing their earnings, I'm sure more to come. But it's so tempting to buy now [Miser] 

Best of luck! 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Comment（81）

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  • liewtc60
    ·2022-10-07
    TOP
    No hurry. Just wait for the earnings results for clearer direction.
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    • PJoo: 
      Cheers
      2022-10-08
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  • NEWBIE
    ·2022-10-08
    trying times now
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    • PJoo: 
      Absolutely. Prudent mindset.
      2022-10-08
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  • yinghao94
    ·2022-10-08
    buy in tiny bits, make ur tranches even smaller and only buy when there is significant drop
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    • PJoo: 
      Well said
      2022-10-09
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  • dallanube
    ·2022-10-08
    bad news is good news for some
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  • Veldora
    ·2022-10-07
    No news is good.[LOL]
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  • ilod
    ·2022-10-08
    Thanks for sharing! 😘
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  • NewbieLeo
    ·2022-10-09
    thanks for sharing
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  • Kelvin_Qiu
    ·2022-10-09
    so when will mortgage loan defaults come [Thinking]
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  • 伙计办大事
    ·2022-10-09
    [开心] [财迷] [得意]
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  • 88wlam88
    ·2022-10-08
    The Fantastic Good Bad News
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  • JeslinToh
    ·2022-10-08
    Good luck good luck
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  • JohnStylish
    ·2022-10-09
    👍
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  • KongSH
    ·2022-10-09
    thanks
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  • Cynderella
    ·2022-10-09
    🙏
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  • PCKS1967
    ·2022-10-09
    👌
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  • Eos168
    ·2022-10-09
    [Smile]
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  • William C
    ·2022-10-09
    👍
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  • MT17
    ·2022-10-09
    [smile]
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  • JohnsonYeo
    ·2022-10-09
    ok
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  • ChooiLing
    ·2022-10-09
    ok
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