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    Steve posted a new post. 2 years ago

    2 years ago

    OP Wire 12/10

    Yesterday, the Labor Department reported a drop in initial jobless claims to 184-thousand last week.  That was down 43-thousand from the previous week’s revised total…

    Tedh98
  • Profile photo of Steve

    Steve posted a new post. 2 years ago

    2 years ago

    OP Wire 12/9

    The weekly tally of first-time requests for unemployment benefits is due out today.  Analysts expect that number to come in at right around 211-thousand Americans…

    Tedh98
  • SPY had a brilliant day yesterday, hitting all our targets except the very tops. It is now sitting firmly in a primary resistance cloud. Getting back above 469 could lead to continuation, while falling back below 466.80 could start a pullback or even another primary leg down, so I’ll be watching this area intently.

    Since the pre-market…

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    pavanputra, MikeBeau and 2 others
    1 Comment
  • Profile photo of Steve

    Steve posted a new post. 2 years ago

    2 years ago

    OP Wire 12/8

    Trading begins this morning after stocks racked up yet another day of big gains.  Investors bought and bought some more as it appears they’re thinking…

    Tedh98