PIVOT POINTS;standard,demark,fibonacci

[nlightn]

charts don't lie,...well,...

as long as the information that complies the chart is accurate and fully reported.

these charts appear to be bucking the pundits,....i like that,..truth be told no matter what diversion is created 8^)

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the governments reporting of the BLS unemployment stats are a lie. BLS Unemployment stats are compiled from U-1 thru U-6. we are only given U-1 thru U-3. that is not accurate. lets see what the BOLS site states;

from the BLS site;

U-6 Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force.

the real U-6 Unemployment is 9.4 not 4.6 (U-3) as reported.

to support that unemployment finding here is the most recent news on America's largest companies and what they are doing hiring wise.

,...there is a bigger problem, as Deutsche Bank warns, aside from soft earnings, hiring at America’s biggest companies is slowing down for the first time since 2010.

Casting some serious doubt on just how strong the hiring environment is, Yahoo's Myles Udland notes that Deutsche Bank illustrates that employment at big US companies is plunging for the first time since the recession.



AND

Notably, S&P 500 companies account for less than 20% of total US employment, but despite President Trump's pro-business perspective, policy uncertainty seems to be weighing on big firms...