Morning Notes- Jobless claims jump to highest level in 11 weeks!

Hello Everyone,

People applying for new unemployment benefits went above 300,000 for the for the first time since the beginning of September.

Initial claims jumped 21,000 to 313,000 in the week ended Nov 22nd.

VIX 8 % BELOW 10 ma       RSI  21.99  NEUTRAL

MARKET Trend: UPTREND

Put/Call ratio   .62                 Above 1.20 Bullish, Below .40 bearish.

Durable Goods 8:30 am

Jobless Claims 8:30 am

New Home Sales 10:00 a m

Earnings out today: DE,SHLD,WTSL

Dow Futures: -3 points      Oil:    73.45   -.65

Have a great trading day.

Posted to Stock & Option Scout on Nov 26, 2014 — 8:11 AM

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