Hello Everyone,
The number of people who applied for unemployment dropped by 6,000 to 289,000 in the seven days ending Dec 13th. Initial claims are usually volatile between the Thanksgiving period thru end of January due to the holiday season and bad weather.
VIX 5% ABOVE 10 ma RSI 53.80 NEUTRAL
MARKET Trend: NEUTRAL
Put/Call ratio .71 Above 1.20 Bullish, Below .40 bearish.
Jobless Claims 8:30 am
PMI Services Flash 9:45 am
Leading Indicators 10:00 am
Earnings out today: CTAS,NKE,PIR,RHT,RAD,WGO
Dow Futures: +191 pts Oil: 57.90 +1.10
Have a great trading day.