Starting the week with some good news
Good morning all, and I hope everyone is healthy. There are signs of hope in the most recent data coming from New York State as Governor Cuomo announced Sunday that…
Read MoreGood morning all, and I hope everyone is healthy. There are signs of hope in the most recent data coming from New York State as Governor Cuomo announced Sunday that…
Read MoreStocks opened lower after the dreadful March employment report.
Read MoreOil prices are trading higher for a second day on hopes that OPEC+ agrees to production cuts when they hold a virtual meeting which is scheduled for Monday.
Read MoreIt comes as no surprise it was a bad jobs report. The Labor Department reported that nonfarm payrolls (NFP) fell by 701k, much worse than the -100k consensus expectation.
Read MoreStocks opened lower today after the much worse than expected initial jobless claims number had equity futures trading lower.
Read MoreSimilar to newsletter writers, individual investors turned a little more bullish in the latest survey.
Read MoreEarlier today it looked like the S&P 500 (SPX) was going to be up big on the back of higher oil prices, but then the Initial Unemployment Claims were released…
Read MoreJobless claims jumped more than even the most pessimistic economist in Bloomberg’s survey expected. Last week, 6.648 million people filed for unemployment insurance on the heels of a revised 3.307…
Read MoreThe first day of April picked up where March left off.
Read MoreThe recent rebound in stocks has newsletter writers a little more bullish.
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