Initial jobless claims 332k vs 350k exp. (332k was second lowest weekly reading since 2009 and 4 week average is at its low since 2009)
US Feb Producer Prices +0.7% vs 0.7% exp.
US Q4 Current Acct Deficit $110.42B; Seen Deficit $112.6B
Leading the market higher, SPX up a few handles
Chris Burba tweets “Still see no threat to measured moves from 2/20-3/4 inverse H&S bottoms: ES_F 1567.24 NQ_F 2832 SPY 156.93 QQQ 69.52”
Some streams to read:
Retail_Guru
GravityIntl
CiovaccoCapital
Best tweet of the morning: “In my investing experience, the “NEED” to be right never had any effect on my performance (P&L).” from matterhornbob
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