THE JOBLESS-CLAIMS REPORT IS OMINOUS, BUT THERE’S A BETTER EARLY WARNING INDICATOR FOR STOCK INVESTORS $JNK $DIA $HYG $DJIA $AAPL $MSFT $MU $AMD
Last week we said investors should ignore the weekly jobless-claims report. It’s true that they were shocking, but they were already discounted in the market because the economy was effectively shut down. This week we’re sticking to the same recommendation, even after the number of Americans who applied for unemployment