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 ...
Week In Review – May 12 2020
The U.S. Lost 20.4 Million Jobs in April… The worst jobs report in history! The unemployment rate soared to 14.7%. What it means— Another 3.17 million people filed for initial jobless claims this ...
Week In Review – May 4 2020
3.84 Million Americans File Initial Jobless Claims… The additional jobless claims bring the six-week total to 30 million. What it means—The estimate was for 3.5 million claims. There was a ...
Week In Review – April 27 2020
4.43 Million Americans File Initial Jobless Claims… The additional jobless claims bring the five-week total to more than 26 million. What it means – With the more than four million people who were ...
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. ...