Archive Category: Andrew Zatlin's Superforecast Trader Archive

Hello, and welcome back to Superforecast Trader! Today, we’re going to be diving into a major trend shift that’s now playing out in the markets… I’m talking about the “good news is bad news” bump we saw following higher-than-expected jobless claims last week.

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.