Morning Notes- Jobless claims fall 6,000 in mid-December!

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.

Posted to Stock & Option Scout on Dec 18, 2014 — 8:12 AM

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