Lee Adler

Cycle Screening Numbers Stopped At Line In The Sand, Friday

Cycle screening data was materially weaker across the board on Friday, dropping all 9 measures to the sell side on balance. The aggregate measure went deeply negative but stopped at the trendline of rising lows. Here’s what it means. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition…

First Time Claims Balloon But Is It A Warning?

Initial Claims and Annual Rate of Change- Click to enlarge

The headline, fictional, seasonally adjusted (SA) number of initial unemployment claims for last week came in at 294,000. The Wall Street conomist crowd consensus guess was 280,000. In the game of pin the tail on the number, this week was a miss. According to the Department of Labor the actual, unmanipulated numbers were as follows. “The advance number of…