Jobless Claims.
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Jobless Claims. Dear investor.
The metals are down today following a surprising Jobless claims report.
U.S. Jobless Claims dropped to 204,000 a decrease that was not expected.
In fairness, it appears that the number really provided investors with the perfect excuse to lock in recent profits.
Another tidbit of interest is obviously the Fed comments supporting the never ending hawkish rhetoric. Within all the tough talk, let´s realize, over-tightening would be outright foolishness.
The economy is showing good signs that rate-hikes are working. Like any and all economic plans, they need time to unfold.
IMG, has shared some charts and statistics with our readers painting a compelling story. The technicals are motivating; add in the fundamentals and you have...excellent market potential.
If you would like a detailed explanation contact IMG.
Short-term: Headlines are your buying opportunities.
Long-term: Fundamentals are your guide.
Much success to all. |
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