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

Welcome to your Thursday edition of Superforecast Trader. Before I turn things over to Matt Clark to discuss the market, let’s take a look at the latest jobless claims figure:

The market’s giving us yet another Super Divergence trading opportunity this week, and Matt’s got all the details on our recommendation below. For this week’s video, I’m zooming out to give you a “big picture” update on where the job market is headed over the next few months — and why we’re likely to see consistently elevated jobless claims in the weeks to come.

Weekly jobless claims for the period that included the Memorial Day holiday topped 247,000 — an increase of 8,000 from the week before.

New jobless claims are surging… That’s due in part to a change in the way these numbers are seasonally adjusted.

Welcome to your Thursday edition of Superforecast Trader. The weekly jobless claims data has been posted, and, as I expected, the number of applications received last week decreased: