"Initial jobless claims — a rough gauge of layoffs — sank by 18,000 to a seasonally adjusted 324,000 in the week ended April 27, the Labor Department said Thursday. That’s the lowest level since January 2008…Economists surveyed by MarketWatch had expected claims to rise to 345,000 from a revised 342,000 in the prior week."
Thursday, the S&P 500 was up 0.9% to 1,598 (rounded).
The NTSM system sold at 1575 on 16 April. (This is just another reminder that I should follow the NTSM analysis and not act emotionally – I am under-performing my own system by about 2%!)