Morning all. My favourite day of the week is here already, where I get to watch the markets celebrate the deteriorating state of the US job market with the euphoria it brings of more FED and Treasury Department interventions. When last weeks numbers came in above forecast and continuing claims […]
jobless claims
Morning all. How quickly the weeks seems to fly by, we’re back round to US Jobless Claims day already! The trend in falling new claims is expected to continue today with 1.8 million news claims forecast against last weeks actual of 2.12 million. For the first time since the layoff […]
Morning all. Quite a big day for markets coming up, with 3 main factors at play. US jobless claims data. OPEC+ meeting. Last trading day before extended holiday weekend. I think there’s some complacency in markets at the moment as even with another 5 million claims expected on top of […]
Morning all. Markets showed a little bit of optimism this morning, I think centred around a move up in Oil and news from China that more of the manufacturing sector was back up and running. Attention now seems to be shifting to US Jobless Claims data that is due in […]
Morning all. Yesterday was a constructive day for the portfolio and I managed to close several more positions, achieving the objective of bringing up the cash balance a little. I’ve moved from the weekly down to the daily to take a look at the SP500, which has just had 3 […]