Showing posts with label Weekly. Show all posts
Showing posts with label Weekly. Show all posts

Receive weekly unemployment claims rise slightly

WASHINGTON — New U.S. claims for unemployment benefits rose slightly last week as scheduled, a Government report showed Thursday, but the underlying trend remained inclined towards a gradual improvement in the labour market.

Initial claims for State unemployment benefits rose from 2 000 to a seasonally adjusted 439,000, said the Ministry of labour.

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Economists polled by Reuters had forecast claims, passing the 435 000 previously to 440 000.Le Government revised figure prior week until 437,000.

The data cover the week survey report of government employment in November, but weekly claims were too volatile to provide a good prediction of the agricultural wage.

An official of the Ministry of labour said that he was nothing unusual in the State-level data.

The average of four weeks of new requests without a job, considered to be a better measure of the underlying labour market trends has dropped from 4 000 to 443 000, the lowest level since the week ending September 6, 2008.

The number of people receiving always benefits after an initial help week fell from 48 000-16 h 30 million for the week ending November 6, in accordance with the expectations and the lowest since November 2008.La figure prior week has been revised up to $ 4.34 million.

The number of people on unemployment benefits 66,767 emergency pink 3.97 million in the week que se completed 30 octobre.Un total 8.85 million people have been claiming benefits unemployment during this period in all programs.

Copyright 2010 Thomson Reuters.Cliquez on restrictions.


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Weekly Technical Analysis of Dow Jones Industrial Average DJI 4 Sept 2010

Weekly Technical Analysis of Dow Jones Industrial Average DJI 4 Sept 2010

Stock Chart

Dow

Dow Jones CMP 10,447.93 is Now Standing at an Important Point
Its Just Touching the 200 DMA
It has tried 5 Times in Last 4 months to cross this level of 200 DMA
But it always retraces from that .

Even MACD Chart is Bit Bearish
So just Sell Above 10500 with Stop loss of 10650
Risk Reward ratio is in Favour of Shorting it with Target of Atleast 10000.

If Dow manages to Close Above 10650 get Long as it means Bulls are in Charge now


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