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ESTIMATED CLAIMS CHALLENGE CREDIBILITY

|Includes: AAPL, DBA, DBB, DBC, EFA, EPI, EWA, EWC, EWZ, FDN, FXE, FXI, FXY, GLD, GOOG, GS, HAO, IEF, IWM, IYR, IYT, JJCTF, MDY, PFE, QQQ, RCD, SLV, SPDR S&P 500 Trust ETF (SPY), TLT, XLB, XLE, XLF, XLI, XLU, XLV, XLY, XRT

ESTIMATED CLAIMS CHALLENGE CREDIBILITY

Markets rallied early on better than expected Jobless Claims. Then more thoughtful types looked under the hood and saw 9 states’, including California, data were “estimates”. It seems those states were on holiday due to Labor Day and didn’t make a report. Therefore their numbers were estimated. After that news made the rounds stocks started to sell-off and gathered more downside steam after a....READ MORE!  

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