Initial Claims – Disappointing Means Green Light To Short Dollar
February 18, 2010 at 14:05 PM EST
Well, once again we are disappointed with the Thursday morning initial claims report. Is it a surprise anymore that each time the number is released there is a sharp move lower for the futures that quickly rebounds by the time the 9:30 bell rings? The probability is high that traders will view the weaker than expected [...] Related posts: Initial Claims – WOW Only 452,000! (wink) Initial and Continuing Claims – The Inside Scoop FOMC Minutes – A Few Clues in Red and Green