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[…]

US Third Quarter GDP Rises To 2.7 Percent But Fiscal Cliff Woes Continue

US Third Quarter GDP Rises To 2.7 Percent But Fiscal Cliff Woes Continue: U.S. GDP rose to 2.7 percent in the third quarter according to the U.S. Department of Labor.  GDP was revised from the first estimate but much of the increase was due to private inventories and government spending. The headline number did have a[…]

hurricane sandy

Markets Close Due To Hurricane Sandy, Is This Bullish Or Bearish For Stocks?

Markets Close Due To Hurricane Sandy, Is This Bullish Or Bearish For Stocks? Stocks have been rebounding from recent down days but now Hurricane Sandy has taken the top spot in the minds of market participants.  The stock market was closed today Monday October 29, 2012 and many trade floors will be closed tomorrow also. […]