Here are two data sources traders should watch during the pandemic - Business Insider

The disconnect between stock markets and the economy creates tough decisions for traders looking for market-moving data.

More than five months into the COVID-19 pandemic, the market is even more event-driven and tied to news than it was earlier in the year. Pair that with the pace of news and how quickly it affects economic conditions, and traders may be looking for new or more reliable sources of instant information to make decisions.disconnect between the market recovery and the actual economic recovery

Advancing stocks are the number of stocks that are traded above the previous day's closing price and declining stocks are the number of stocks that are traded below the previous day's closing price. This indicator is especially useful in this market environment because S&P 500 returns are often skewed upward by the tech sector and specifically the FAANG+ stocks.

Although it is not easy to predict what the actual numbers will be, it is important to know what analysts are predicting for the weekly trends. In early August, jobless claims reached the lowest level since the start of the pandemic, and the market reacted accordingly by opening higher than the previous close. Unemployment numbers are released monthly, on the first Friday of the month. Although the US unemployment rate dropped for a third straight month to 10.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

India's economy shrinks record 23.9% y/y in April-June quarter: governmentIndian economy contracted at its steepest pace on record of 23.9% year-on-year in the June quarter, official data showed on Friday, as the pandemic lockdown shattered consumer and business spending. Endia coming to an end
Source: Reuters - 🏆 2. / 97 Read more »

Underground nanny economy, racism, exploitation amplified by pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Boo hoo I’m very blessed to be a nanny that has worked for two good fair families.
Source: BusinessInsider - 🏆 729. / 51 Read more »

American kids were eating more fast food even before the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. City kids you mean city kids American fast food is delicious Gotta be honest 🤨
Source: BusinessInsider - 🏆 729. / 51 Read more »