Archive Category: Andrew Zatlin's Superforecast Trader Archive

It’s been an interesting run for weekly jobless claims over the last several months. Since a spike in February, claims have dropped to as low as 190,000, and hovered between 200,000 and 220,000.

Hello and welcome back to Superforecast Trader! Andrew is out traveling today, but he’s already shared his latest predictions with me for the week ahead. First, let’s address last week’s Super Divergence trade on the SPDR S&P 500 ETF (SPY).

The market was expecting a slight increase, or flattening, of initial jobless claims for the week ending May 16.

Something that Wall Street’s been dreading for years now — and I’ve been warning you about all along.

New numbers from the Labor Department showed a larger-than-expected rise in jobless claims for the week ending May 9.