We’re committed to helping you navigate the market impacts of COVID-19. Our news and expert commentary will keep you up-to-date on ever-changing market conditions, and our investor education can equip you with the solutions and strategies you need to weather current market volatility.

Daily Market Update
with JJ Kinahan

5 min read

Drop in Jobless Claims Could Provide Tailwind as Airline Earnings Approach Runway

(Thursday Market Open) It’s a busy day for the airlines as three major carriers report and investors wait to hear what they might say about summer travel trends. In the meantime, broader market action looks a little unsettled to start the day without much direction one way or another.

It might be a bit of a wait and see kind of day, but the news is starting to trickle in and a lot of it looks positive. First of all, initial jobless claims fell to 547,000 last week, down from a revised 586,000 the week before. It’s a new post-Covid low for this metric, but still about double what we saw before the pandemic. You never want to make too much of one number, but you continue to see the trend move in the right direction and that’s what you want. 

Read article

Knowledge: One of your most valuable assets

Call Us

Content intended for educational/informational purposes only. Not investment advice, or a recommendation of any security, strategy, or account type.

Be sure to understand all risks involved with each strategy, including commission costs, before attempting to place any trade. Clients must consider all relevant risk factors, including their own personal financial situations, before trading.


Market volatility, volume, and system availability may delay account access and trade executions.

Past performance of a security or strategy does not guarantee future results or success.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading subject to TD Ameritrade review and approval. Please read Characteristics and Risks of Standardized Options before investing in options.

Supporting documentation for any claims, comparisons, statistics, or other technical data will be supplied upon request.

This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union.

TD Ameritrade, Inc., member FINRA/SIPC, a subsidiary of The Charles Schwab Corporation. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2021 Charles Schwab & Co. Inc. All rights reserved.

Scroll to Top