Seeking Alpha

SPY +0.1% premarket, adding to gains by a couple of ticks following the drop in...

SPY +0.1% premarket, adding to gains by a couple of ticks following the drop in jobless claims. The 4-week moving average declined to 348.8K, the lowest level since March 2008.
Comments (6)
  • keeping folks..just cutting their hours? we'll find out tomorrow.
    7 Mar 2013, 08:41 AM Reply Like
  • Good number....
    7 Mar 2013, 09:18 AM Reply Like
  • Yep the Fed should be able to tighten soon.
    7 Mar 2013, 09:40 AM Reply Like
  • Not yet, not until unemployment is south of 6.5%.
    Give it 15 mos from now. Summer 2014 at the earliest.

     

    ECRI is still on recession watch...they are 4 years early.

     

    P
    7 Mar 2013, 11:32 AM Reply Like
  • Many will put out negative spin...they shorted and have been destroyed by this market.
    7 Mar 2013, 10:38 AM Reply Like
  • For the upmteenth time, the employment numbers at the margin mean almost nothing to this economy.
    7 Mar 2013, 12:03 PM Reply Like
DJIA (DIA) S&P 500 (SPY)