Archive Category: Andrew Zatlin's Superforecast Trader Archive

Hello, and welcome back to Superforecast Trader! The job market is not pointing to a Super Divergence trading opportunity for this week, and Matt Clark is out, so I thought I’d take a moment to dive a little deeper into the new trend we’re starting to see in jobless claims… Namely; jobless claims are down. 3 weeks in a row, as a matter of fact. And that’s got some folks feeling bullish.

Andrew’s out this week, but before he stepped away, he ran his proprietary hiring data to look for a potential Super Divergence. Nothing. Not a weak signal. Not a “maybe if you squint.” Just a clean, quiet blank.

Hello, and welcome back to Superforecast Trader! Back in March of this year, I predicted that we’d see a gradual decline in week-to-week jobless claims. I even put a specific number on it, forecasting weekly claims to drop below 200,000 by July. And that’s exactly what happened last week.

America’s got World Cup fever… And whether you’re rooting for Cabo Verde or the home team, there’s plenty of great soccer action to be enjoyed over the next few weeks. These games are projected to have an absolutely massive impact on the economy, creating upwards of 185,000 new jobs before a new winning team takes the trophy.

Not since February have we seen weekly jobless claims reach such a high level… That said, this kind of volatility is to be expected around this time of year. Numbers from the Labor Department found that, for the week ending June 6, initial weekly jobless claims rose to their highest level since earlier this year.