Month: August 2012

Unemployment Claims Higher Again

For the past 3 weeks, jobless claims have been creeping higher; they have exceeded estimates for 2 weeks in a row and are now the highest in a month. The most recent reading showed 372,000 new unemployment filings versus expectations of 365,000; the four week moving average, which smooths out…
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Zacks Earnings ESP for the Coming Week

Right now it seems like the path of least resistance for US equities is up!  The S&P 500 is maintaining its upward trajectory and remains in the bullish channel that it has been running in for the past three months. Although the U.S. equity market looks strong, I wouldn’t contribute…
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