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

Welcome to your Thursday edition of Superforecast Trader! On Tuesday, I mentioned that we’d get a downturn in weekly jobless claims this week because the week before gave us a print we didn’t expect. Well, the numbers are in, and that’s precisely what happened.

Welcome to your Tuesday edition of Superforecast Trader! Last week saw a spike in jobless claims that came as a surprise to Wall Street and most investors. In today’s video update, I want to explain why this surge in claims isn’t really anything to worry about, even though I’m expecting another week of above average claims.

Welcome to your Thursday edition of Superforecast Trader. Jobless claim figures were released this morning, and there was a big surprise. Claims for the week following Easter jumped 18,000 over the previous week to 241,000 — the highest level since February.

We’ve got a “double witching” week for labor market data, with jobless claims coming up on Thursday and payrolls coming up on Friday. These two data points are going to be critical for shaping the perception of the overall economy — and in turn, determining the likelihood of rate cutes from the Federal Reserve in June or July. But once again, experts are missing the mark with their projections. Watch my video below for the full story, then scroll down for the details of today’s trade:

Welcome to your Thursday edition of Andrew Zatlin’s Superforecast Trader! It’s Matt here, and I’m taking over with Andrew on a well-deserved vacation. Jobless claim numbers came in this morning, and Andrew hit the nail on the head.