Initial Claims = 751,000

This going to be another busy day for us. We already had two Buy List earnings reports this morning. Later today, we’ll get the Fed announcement. Don’t expect any change on rates.

This morning’s jobless claims report was 751,000. That’s down from 758,000 last week. Not bad, but still way above normal.

Meanwhile, new cases of the coronavirus topped 100,000. On the election front, they’re still counting the ballots. I have no idea what to expect, but this may take several days.

Posted by on November 5th, 2020 at 11:48 am


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