May 2013 Stock Market Rally Halts As Economic Data Underwhelms

Is now a good time to get in? A few negative economic data points helped keep the stock market from posting new index highs yesterday.  The most important data released was new housing starts and initial jobless claims that were more negative than anticipated. New housing starts dropped 16.5 between April and March 2013, which is[…]

Jobless Claims Fall 16,000 For Week Of April 20, 2013 As Relative Strength Indicators Point To Stock Weakness:

The Jobs Market April 2013 Is Characterized By Confusion: Initial jobless claims decreased last week but the economy doesn’t seem too strong.  Claims for initial jobless benefits fell by 16,000 for the week ended April 20 to 339,000 the Labor Department said today.  The reading was the lowest since March 9 but market participants weren’t[…]

Jobless Claims Rise To Highest Level In Six Weeks As Dow Loses February 2013 Gains

Jobless Claims Rise To Highest Level In Six Weeks As Dow Loses February 2013 Gains: Economic data didn’t help stock picking as the Dow Jones Industrial Average fell to 13,880.62 losing 46.92 points or 0.34 percent.  The Dow was down nearly triple digits but rebounded late in the session to almost positive territory.  The NASDAQ and S&P[…]

economy

Initial Jobless Claims For Week Of December 1, 2012 Stronger Than Expected: The Economy Vs. The Fiscal Cliff

Initial Jobless Claims For Week Of December 1, 2012 Stronger Than Expected – The Economy Vs. The Fiscal Cliff: U.S. initial jobless claims decreased by more than expected for the week ended December 1.  The Labor Department said today, jobless claims fell by 25,000 to 370,000.  Most economists were expecting jobless claims between 380,000 and[…]

durable-goods washer and dryer

Durable Goods Orders Fall By Most In 3-1/2 Years, 2Q12 GDP Revised Down, Jobless Claims Lower,

Durable Goods Orders Fall By Most In 3-1/2 Years, 2Q12 GDP Revised Down, Jobless Claims Lower: Orders for durable goods, manufacturing goods intended to last at least 3 years or more, fell due to the increasingly sluggish U.S. economy.  New orders for durable goods dropped by the largest amount in three and a half years[…]

iwm russell 2000 ishares chart 6 months ended august 16 2012

Small Caps Participate As August 2012 Rally Continues, Jobless Claims Relatively Unchanged

Small Caps Participate As August 2012 Rally Continues, Jobless Claims Relatively Unchanged: Small caps finally caught up to the overall market as stocks jumped after digesting more positive news about the economy even though Walmart didn’t help equity prices rise today.  Initial jobless claims were part of the positive sentiment in today’s trading. Jobless claims for[…]

jobs careers

July 21, 2012 Jobless Claims Fall By 35,000, Draghi Vows To Do “Whatever It Takes” To Keep EU Together

Jobless Claims Fall By 35,000, Draghi Vows To Do “Whatever It Takes” To Keep EU Together: Unemployment claims for the week ended July 21, 2012 fell according to Labor Department today.  Applications for jobless benefits fell by 35,000 and this was positive news for estimates of the unemployment rate in July.  Jobless benefits claims have[…]

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Slew Of Bad Data: June 2012 Existing Home Sales, LEI – July 2012 Philly Fed, Jobless Claims; Is QE3 Ready Yet?

Slew Of Bad Data: June 2012 Existing Home Sales, LEI – July 2012 Philly Fed, Jobless Claims; Is QE3 Ready Yet? Existing Home Sales Fall by 5.4 Percent Existing home sales fell by 5.4 percent month over month, the National Association of Realtors said today as real estate investors focused on high-end properties that are[…]

jobs

Jobless Claims At Highest Level in 2012, GDP Unchanged, Obamacare Ruled Constitutional While EU Summit Silent, QE3 More Likely:

Jobless Claims At Highest Level in 2012, GDP Unchanged, Obamacare Ruled Constitutional While EU Summit Silent, QE3 More Likely: Jobless Claims Remain At 2012 Highs Jobless claims news came in as no surprise to economic data watchers and remains at the highest levels of 2012 set in April at 386,000.  The prior week’s reading was[…]

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Forget “Grexit”, Jobless Claims Data Suggest June 2012 Could Be Worse Than May Unemployment Growth Of 69,000:

Forget “Grexit”, Jobless Claims Data Suggest June 2012 Could Be Worse Than May Unemployment Growth Of 69,000: Fed may move after Greek elections on Sunday. Americans are still finding it difficult to obtain employment.  Unemployment insurance benefits rose last week which suggests the labor market won’t improve significantly anytime soon. While most people are focused[…]