Archive for October 28th, 2010

Weekly Unemployment Claims Decrease But Remain at Elevated Level

| October 28, 2010

The Department of Labor reported that initial unemployment claims decreased to 434,000 last week from 455,000 during the previous week. The 4-week moving average decreased slightly to 453,250 and continues to hold at elevated levels as shown on the following graph from Calculated Risk. The 4-week moving average has remained in a relatively narrow range […]

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Short-term Forecast for October 28, 2010

| October 28, 2010

Stock Daily Chart Analyses The following technical and cycle analyses provide short-term forecasts for the stock markets that we monitor. For intermediate-term outlooks see the latest weekly review, and for long-term outlooks see the latest big picture update. The S&P 500 Index The index closed slightly higher today, holding near recent highs of the uptrend […]

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