Another 2.98 Million People Filed for Initial Jobless Claims… That brings the seven-week total to 36 million people who filed a claim since the shutdown began. What it means—It’s great to see the ...
Monday Market Comments
Friday extended the HOPE rally with the announcement that social distancing is about to be relaxed. SPY closed above prior resistance three days last week above the 50% retracement and the 50-DMA. ...
1st Quarter Wrap Up
Have you ever said, “the more things change, the more they remain the same?” That certainly is no longer true for our daily lives due to Covid-19’s impact on society here and abroad. However, ...
Week In Review – April 6 2020
The U.S. Lost 701,000 Jobs in March, Unemployment Up to 4.4%… After two weeks of unemployment claims that topped 10 million, the unemployment rate started to reflect the effects of the economic ...
April 1 2020 – Market Comments
St. Lois Fed Chief Bullard interviewed on Fox Business this AM. Expects this quarter GDP to down by 50% & no “boom” until Q4 with growth returning next year. Unemployment to rise to ...