Unemployment Claims Improve, But Not Enough for Stock Valuations

Behind The Headlines, Stocks Stay Overbought Against Trend of Unemployment Claims by Lee Adler, Wall Street Examiner This post is excerpted from the permanent Employment Charts page, which includes numerous additional charts and analysis on key employment metrics. The Labor Department reported that the seasonally adjusted (SA) representation of first time claims for unemployment fell  by 27,000 to …

ISM Purchasing Managers New Orders Index In Troubling Trends

ISM Purchasing Managers New Orders Index In Troubling Trends in Both Manufacturing and Services by Lee Adler, Wall Street Examiner The ISM Purchasing Managers Index data on new orders for the manufacturing and non manufacturing sectors of the economy shows an interesting pattern of deterioration over the past couple of years, in spite of positive …

Unemployment Claims Recovering from Superstorm Sandy

Initial Unemployment Claims Rapidly Coming Back To Trend, Post Superstorm Sandy by Lee Adler, Wall Street Examiner The Labor Department reported that seasonally adjusted (SA) first time claims for unemployment fell by 41,000 to 410,000 from a revised 451,000 (was 439,000) in the advance report for the week ended November 17, 2012. The number was …

Initial Claims’ Storm Surge

Sandy Has Extraordinary Impact on Initial Unemployment Claims by Lee Adler, The Wall Street Examiner The Labor Department reported that seasonally adjusted (SA) first time claims for unemployment rose by 78,000 to 439,000 from a revised 361,000 (was 355,000) in the advance report for the week ended November 10, 2012. The number was far worse …