The good news is that unemployment claims are trending back down after the spike three weeks ago, the bad news is that they are still stubbornly high as the four week average of new claims rose by 7,500 to 405,250. Weekly jobless claims came in slightly worse than expectations, seasonally adjusted applications for U.S. unemployment … American Jobs versus Fiscal Cliff
If you know what information to look for, how to utilize it and understand risk, you can profit from earnings like the pro traders on the floor. The playing field is beyond leveled; let me explain. Trading on the Exchange It was 1997, at the time I was trading DELL Computer (DELL) options on the … How I Trade Earnings with Zacks
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After the better than expected ADP and unemployment claims reports, the BLS delivered a better than expected gain of 171,000 jobs in October versus expectations of roughly 123,000.gb August and September jobs were both revised higher adding roughly 84,000 between the two. Even with this seemingly positive data, the unemployment rate actually rose to 7.9%. … Zacks.com – Employment Trifecta?