Support the Wall Street Examiner! Choose your level of support to receive a free proprietary report as my thanks. Click the button below to see your options. Become a Patron!

US April Job Cuts Up 11% From A Year Ago – Wall Street Journal

US April Job Cuts Up 11% From A Year Ago
Wall Street Journal
US employers planned to cut 40559 jobs in April, an 11% increase from a year ago, according to the latest report from outplacement firm Challenger, Gray & Christmas Inc. The April total is also up 7.1% from the 37880 job cuts announced in March.
Announced U.S. Job Cuts Rise 11% From Year Ago, Challenger SaysBloomberg

Job Cuts Increase 7.1% in April: Challenger
Planned Job Cuts Rise 7.1% in AprilFox Business
Business Insider –MNI News
all 17 news articles »


Skating on Thin Ice, Keep Life Preservers Handy

We may be skating on very thin ice here, but the weight of the evidence still supports a weak bull case for the near to intermediate term. So I’m adding buy picks on the chart pick list and adjusting trailing stops to account for the risk.

Technical Trader subscribers click here to download the report.

Not a subscriber? Follow Lee’s weekly swing trade chart picks with Lee Adler’s Technical Trader, risk free for 90 days!  

These reports are not investment advice. They are for informational purposes, for a broad audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance. 

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.