This is so laughable. 550,000 initial claims, versus expectation of 580,000, which was obviously gamed high so they couldn't miss. 550,000 initial claims is extremely bad. On top of that, continuing claims GREW to 6.9 million. Moreover, "when emergency extensions of unemployment are included, the total rolls climbed to a record 9.35 million for the week ending July 18, the most recent data available. Congress has added up to 53 extra weeks of benefits on top of the 26 typically provided by the states." On top of that, the real unemployment rate is at least 16% in the United States, and rising. The way the government games these numbers, and plays right into the financial community's lap, is quite idiotic. Everything is designed to try and suck retail money into equity markets, at one of the very worst times for that to occur in American History. People who got a piece of this incredible and artificial rally should praise their G-d and cash out and not look back. Winter is coming. And it will be extreme in its bitter cold and length.