Sears has breached the psychologically important $7 barrier again to levels not seen since late January. For those keeping track at home, it's almost back to where it was exactly two weeks ago! Almost.
This is great news for long-term investors who never gave up on the turnaround story. Much like an 18-wheeler which accidentally drives down a very long and very narrow dead end alley but miraculously manages to back up a few feet without taking damage, here it is! Woohoo!
Yes, sir. I never thought I'd say it. This turnaround story may have L'eggs. Next stop? Levels not seen since 1978? Keep the faith!
Weekly Initial Unemployment Claims Decrease to 210,000
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The DOL reported:
In the week ending March 23, the advance figure for *seasonally adjusted
initial claims was 210,000*, a decrease of 2,000 from the previo...
1 hour ago