SPY ETF: Uh Oh, Jobs

Jobless claims seem to be moving back up. Jobs are probably the most important economic datapoint for stocks.
That chart to the left means more people are out of work. That's not something you hear about in a bull market. It's a change.
If the S&P 500 ETF (NYSEARCA:SPY) breaks 273, I think we're headed to 270.
I hated yesterday's weak close too. I don't like today's whippiness either. Something may be changing out there.
After a huge run and some market dynamics in motion, we advised to hedge out.
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…
That chart to the left means more people are out of work. That's not something you hear about in a bull market. It's a change.
If the S&P 500 ETF (NYSEARCA:SPY) breaks 273, I think we're headed to 270.
I hated yesterday's weak close too. I don't like today's whippiness either. Something may be changing out there.
After a huge run and some market dynamics in motion, we advised to hedge out.
Two Week Free Trial
We're speaking to numerous tech companies every quarter and helping our subscribers time and size the stocks and stock market.
Try with a 14 day free trial, Click here.
Here's what subscribers are saying,
"The market is flat for this year and I am up over 50% in my account, thanks to Chaim!"
"Chaim, You have called it better than anyone I know over the last few months."
"great work Chaim! rock star ur a rock star!”
…