* Jobless claims hit four-month low in latest week * September trade gap narrows more than expected * Import prices jump to highest since April * U.S. imports from China remain near record By Doug Palmer WASHINGTON, Nov 10 (Reuters) – Initial claims for U.S. jobless benefits hit a four-month low last week, while the… read more
Stock Index Markets
Initial Jobless Claims – Futures News, Broker, Commodities News (10/28/2010)
* Initial jobless claims fall 21,000 last week * Claims lowest in three months * Continuing claims lowest in nearly two years WASHINGTON, Oct 28 (Reuters) – New U.S. claims for unemployment benefits fell last week to a three-month low, hinting at some improvement in the listless labor market. Initial claims for state unemployment benefits… read more
Market news to Watch – 10/11/2010-10/15/2010: Futures News
Five Market Changers to Watch This Week ________________________________________ • Fed chief speaks: Ben Bernanke, chairman of the Federal Reserve, will speak early Friday morning (8:15 a.m.) on “monetary policy in a low inflation environment.” Reaction to the speech could be strong. Experts expect the dollar to regain ground next week in light of its decline… read more
Initial Jobless Claims 9/23/2010 -Futures News, Jobless Claims Unexpectedly Rise
WASHINGTON, Sept 23 (Reuters) – New U.S. claims for unemployment benefits rose unexpectedly last week, government data showed on Thursday, highlighting continued labor market weakness. Initial claims for state unemployment benefits increased 12,000 to a seasonally adjusted 465,000, the Labor Department said, breaking two straight weeks of declines. Analysts polled by Reuters had forecast claims… read more
Market news to watch for 9/20/2010-9/24/2010
Five Stock Market Changers to Watch This Week Featured Story: Study: Americans $6.6 Trillion Short of What They Need for Retirement ________________________________________ • Interest rates: The Fed will announce benchmark U.S. interest rates on Tuesday (2:15 p.m.). The rate itself is likely to stay at virtually zero, but investors will watch language the committee uses… read more
PPI 9/16/2010 – Futures News, Futures Broker
WASHINGTON, Sept 16 (Reuters) – U.S. producer prices rose slightly more than expected in August as energy prices recorded their first increase since March, government data showed on Thursday, calming fears of deflation for now. The Labor Department said the seasonally adjusted index for prices paid at the farm and factory gate increased 0.4 percent,… read more
Initial jobless Claims (9/16/2010) – Futures News, Futures Broker
WASHINGTON, Sept 16 (Reuters) – U.S. claims for unemployment benefits unexpectedly fell last week, dropping to a two-month low, according a government report on Thursday that hinted at some stability in the labor market. Initial claims for state unemployment benefits slipped 3,000 to a seasonally adjusted 450,000, the lowest since the week ended July 10,… read more
Swing Trading Strategies – Dow Jones rallies to target objective in two days after predicted low! What now? [chart]
September Dow Jones – Dow Jones futures rallied for the second day in a row after it was reported that American retail sales grew at the fastest pace in four years. This news gave traders optimism that consumer spending is holding strong in spite of the drop in confidence. Technically, the market has continued to… read more
Swing Trading Strategies – Dow Jones reverses on projected Reversal dates. [chart]
If you were reading the TMV Swing Trade report last week, you know that I said the the Dow Jones futures should trade lower into a cluster of reversal dates due on Thursday (July 1) and Friday (July 2). The Dow Jones futures reached the downside target objective during Thursday’s session and closed on the up-sloping reaction line support. I also… read more
Day trade signal – Sept E-mini S&P [chart]
Daytrade signal – Buy Sept ES @ 1106.25 stop – 1st target 1110.05 – 2nd target 1112.50 Risk to 1103.75 Long Sept E-mini S&P results – Buy signal triggered at 1106.25. First target exit one contract at 1110.00. After 1st target level was reached, the stop loss was raised to 1107.25 for remaining two contracts. Closed for 5.00 gain.… read more