Featured Model: Vixen™
2023 +177.68%*
2022 +27.14%*
2021 +431.88%*
*hypothetical results based on current model
Click to see hypothetical historical performance of
the CrystalBull Timing Models
  = recessions  
( HINT:  Click-and-drag left-to-right on a chart to zoom in to a specific date range.  Double-click on a chart to zoom back out. )

Initial Jobless Claims vs. S&P 500 Chart

This chart shows monthly Initial Jobless Claims per 1,000 citizens, and its 3 month moving average, in relation to the S&P 500.  Note that Initial Jobless Claims are correlated to recessions.   Since Initial Jobless Claims data are usually published before the NBER officially announces the end of a recession, it may be a useful indicator in predicting an upturn in the economy.  New Jobs data releases are highly-anticipated, and tend to move the stock market quickly.  So, Initial Jobless Claims data may be useful in forecasting business conditions going forward.  Initial Jobless Claims tends to be a bit of a lagging indicator, but may be useful as confirmation in your investment decision-making.

** The Initial Jobless Claims Gauge on the Dashboard shows it current value versus its 3-month moving average.