Welcome back to Superforecast Trader! The market’s given us a major trading opportunity this week, and Matt Clark has got all the details on our recommendation below. But first, I wanted to share some insights on the long-term trends that are beginning to play out as Elon Musk’s DOGE cuts finally make their way through the system and into the data.
Read MoreWelcome 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:
Read MoreThe 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.
Read MoreWeekly jobless claims for the period that included the Memorial Day holiday topped 247,000 — an increase of 8,000 from the week before.
Read MoreNew jobless claims are surging… That’s due in part to a change in the way these numbers are seasonally adjusted.
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