JOLTS -- August 29, 2023

Locator: 45497JOBS.

Later

Nothing like a JOLTS report to JOLT the market. LOL. This was not on my bingo card today -- another great day.

• NVDA: up $16.15. Later: up over $17.00
  
• AAPL: up $2.06. Later: up a stunning $3.00.
  
• AMD: up $.267.
• TSM: also up today.
• VIX: below 15.
• WTI: up slightly, but trading over $80.
  

Original Note

Yields are dropping.

Equity indices going higher.

JOLTS disappointing.

Smallest job opening since March, 2021.

Job openings: 8.8 million vs 9.5 million expected.

So far, not much effect on the market, although indices are fractionally higher. 

Next GDPNow estimate: August 31, 2023.

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The Book Club

Salem Witch Judge: The Life and Repentance of Samuel Sewall, Eve LaPlante, c. 2007.

Notes.

An incredible history of Boston, Harvard College, Salem, during 1692 (prior to the American Revolution), and, of course, the whole witchcraft story in Europe / Britain from the Middle Ages on.

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All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.  

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.