Weekly Jobless Claims Report Disappoints Across The Board

Commenting on the weekly jobless claims report and today’s trading Gorilla Trades strategist Ken Berman said:Q2 2020 hedge fund letters, conferences and moreThe major indices are all mixed and flat at midday following a hectic and nervous morning session with stocks looking for direction in the wake of yesterday’s rout. The S&P 500 and the Dow both spiked below their lows from Monday at the open, but the Nasdaq managed to avoid a new seven-week low thanks to the relative strength of the tech sector. While the number of new COVID cases edged lower in the U.S., another round of travel restrictio…

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HEDGE accordingly