pre-market futures are like a preview of how the stock market might do when it opens. They are not set in stone, but they can give an idea of whether things might go up or down.

jobless claims are when people who don't have jobs go to the government and ask for help. The government keeps track of how many people are doing this so they can see how the job market is doing.

revenue is like the money a company makes from selling things. They can make more or less money depending on how many things they sell and how much they sell them for.

existing home sales is like a count of how many houses people bought that have already been built. This can give an idea of how much demand there is for houses in a certain area.

market news and data is information about the stock market, like how it is doing, what companies are doing well or badly, and what might happen in the future. This can help people make decisions about whether to buy or sell stocks.

### JIM:
I don't think there is a need for me to explain anything here, I just come to read the news. But I will tell you, the pre-market futures are something that traders and investors are watching closely. It gives them an idea of how the market might open, so they can make decisions on what stocks to buy or sell. Jobless claims are important because it shows how the labor market is doing. If there are a lot of people asking for help, it might mean that there are not enough jobs available. Revenue is important for companies because it shows how much money they are making. If they are making a lot of money, it might mean that their business is doing well. And existing home sales is important because it shows how much demand there is for houses. If a lot of people are buying houses, it might mean that the housing market is strong. Market news and data is important for investors because it helps them make informed decisions about their investments. Read from source...

no positive comments.

Bullish

I thought the pre-market futures and earnings report for Williams-Sonoma and BJ's Wholesale are both positive indicators for the market. Also, the jobless claims data seems to be stabilizing, which is a good sign for the labor market.

Be cautious when buying a new home during a recession, as the housing market could experience a downturn. We have already seen mortgage rates rise, which has resulted in fewer people purchasing homes. This trend is likely to continue, as the Federal Reserve is expected to raise interest rates further to combat inflation. As a result, home prices may decline, and buyers could face increased difficulty in securing a loan. Therefore, it may be best to wait until the market stabilizes before purchasing a new home. However, if you do decide to buy a home during a recession, make sure to carefully consider your financial situation and consult with a trusted financial advisor.