COVID-19 Cases Skyrocket, Some Locations Reverse Course on Opening… States such as Texas, Florida, and Arizona, which reopened quickly, are experiencing record infection ...
Week In Review – June 8 2020
The U.S. Gained 2.5 Million Jobs in May, Trouncing Expectations for Millions More Job Losses… The unemployment rate was expected to jump from 14.7% to 20.5%, but instead it dropped to 13.3%. What ...
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. ...
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 ...