tag:blogger.com,1999:blog-897456774486153841.post4322274818855709432..comments2024-03-28T06:07:36.391-07:00Comments on VIX and More: Chart of the Week: Continuing Jobless ClaimsBill Lubyhttp://www.blogger.com/profile/01241003017364820134noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-897456774486153841.post-90737965367279646432009-05-24T22:30:05.226-07:002009-05-24T22:30:05.226-07:00Well, if the initial jobless claims is such a grea...Well, if the initial jobless claims is such a great indicator then why did everyone miss the crash of 2008-2009?Great bloghttp://www.bestbraindrain.comnoreply@blogger.comtag:blogger.com,1999:blog-897456774486153841.post-16018272826998623342009-04-27T16:16:00.000-07:002009-04-27T16:16:00.000-07:00I was not sure whether my comments would be unders...I was not sure whether my comments would be understood because I couldn't remember whether you Americans use the word ruler.<br /><br />But now more seriously I have question for Bill. The VXO went up quite a lot today compared with both the S&P decline and the VXO rise. Why was that? Was the VIX just moving more into line with where the VXO is now - for a while the VIX has seemed lower than usual compared with the VXO.<br /><br />(by the way I should have said 'blue line' in my previous comment.)Douglasnoreply@blogger.comtag:blogger.com,1999:blog-897456774486153841.post-10703465466983678322009-04-27T14:02:00.000-07:002009-04-27T14:02:00.000-07:00Douglas, that makes sense, continuing claims shoul...Douglas, that makes sense, continuing claims should always lag initial claims. I don't pay much attention to the overall unemployment rate, initial claims is what I look for. We could stabilize here and still have unemployment go up to 10%.<br /><br />On another note, I care about the overall unemployment rate when evaluating companies like AXP. <br />Long AXP PutsErichttps://www.blogger.com/profile/04630536319901757179noreply@blogger.comtag:blogger.com,1999:blog-897456774486153841.post-20149209928271346482009-04-27T07:13:00.000-07:002009-04-27T07:13:00.000-07:00based on a very crude measuring system - holding m...based on a very crude measuring system - holding my ruler against the screen - it looks like the little red line at the bottom tends to peak before the big red line.Douglasnoreply@blogger.comtag:blogger.com,1999:blog-897456774486153841.post-30176112937999620742009-04-27T06:22:00.000-07:002009-04-27T06:22:00.000-07:00Hi Pankaj,
You are correct that normalized data w...Hi Pankaj,<br /><br />You are correct that normalized data would be more helpful for comparing different eras. I have the relevant data and will post a revised chart sometime in the future.<br /><br />Cheers,<br /><br />-BillBill Lubyhttps://www.blogger.com/profile/01241003017364820134noreply@blogger.comtag:blogger.com,1999:blog-897456774486153841.post-16260718306713115822009-04-27T04:59:00.000-07:002009-04-27T04:59:00.000-07:00The size of the working force is a variable in th...The size of the working force is a variable in this chart, is there a chart with normalized or % of workforce submitting jobless claims versus time? <br /><br />Cheers.. PankajPankajhttps://www.blogger.com/profile/13478816568647309907noreply@blogger.com