Archive Category: Andrew Zatlin's Superforecast Trader (Alerts)

I’m going to jump right in before handing things off to Matt to discuss market performance this week. All I can say is… WOW! The initial jobless claim figures came in from the Labor Department this morning, and “shocked” might be an understatement.

Hello and welcome back to Superforecast Trader! I’ll keep things short and sweet because we’ve got another Super Divergence trade for you (details on that from Matt Clark below). Our last few trades have delivered multiple triple-digit winners, and we’re looking to run that back again this week!

We’re back for our Thursday market wrap on Superforecast Trader. Now, before I get to Matt and the good news about our trade this week, I want to review the jobless claims numbers from the Labor Department released this morning.

Optimism is running rampant in the market today. The S&P 500 has reached an all-time intraday high as investors continue to shrug off concerns about the Iran war. As I write, the benchmark index is up nearly 0.8%, while the Nasdaq is up 1.3%; however, the Dow Jones Industrial Average is off 0.2%. If the gains hold, the S&P 500 will notch its 10th positive session in the last 11. The Nasdaq could also hit an 11-day winning streak.

Hello and welcome back to Superforecast Trader! We’ve got a Super Divergence trade for you today, and Matt Clark will be spelling out all the specifics in his section below. First though, I’d like to share my thoughts on the cyclical nature of the job market, and why the latest numbers may not be telling the whole story.