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.

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