Yesterday was a pretty big day, and this morning even more.
The DOW is currently down about 133 points, and while several economic reports are out, the biggest one is, again, the Jobless Claims is in at 482k, that is the largest jump in claims in the past 8 months – a pretty big figure.
What does [...]
Top of the morning to ya!
Last Thursday of 2009, so let’s see what’s going on.
Initial Jobless Claims are about to come in here in a little bit. We are expected to come in at 460k, higher than last reports figure of 452k. This report measures the number of people [...]
Happy Christmas Eve to everyone!
Here’s what we got this morning:
Jobless Claims (measure the number of people filing for state unemployment insurance for the first time )
Durable Goods Orders (reflect the new orders placed with domestic manufacturers for immediate and future delivery of factory hard goods)
The Jobless Claims came in at 452K, lower than the [...]
Ok, so we have, including today, 3 days left until 2009. Forget the streamers, the FREE champagne, and the next day hangovers, its time to take advantage of what we have left in 2008.
I checked rates today and we are up about 32 bp (basis points) and are still hovering around the 4.75% mark on [...]