Trade Strategy 5.7.20

Markets Stock futures are positive by 1.0% plus during overnight trade action Source: Economic Calendar 8:30 Initial Jobless Claims8:30 Productivity and Costs8:30 Fed’s Bostic: “Financial Impacts of the COVID-19 Pandemic”10:30 EIA Natural Gas Inventory12:00 PM Fed’s Kashkari Speech3:00 PM Consumer Credit4:00 PM Fed’s Harker: “Federal Reserve’s Response … Continue reading

Trade Strategy 5.6.20

Markets Optimism over the economy’s reopening appears to be supporting stock prices and the oil rally, as S&P 500 futures rose another 1% overnight and crude topped $25/bbl. U.S. stock index futures are trading higher .05% – 1.0% during GLOBEX Source: Seeking Alpha Economic Calendar 8:15 ADP … Continue reading

Trade Strategy 5.4.20

Markets Escalating tensions between the world’s two largest economies saw S&P 500 futures fall 1% to start the week, while European stocks tumbled as investors returned from a May Day break. Source: Seeking Alpha Stock futures are negative by 1.0% plus during overnight … Continue reading

Trade Strategy 5.1.20

Markets U.S. stocks lost ground during yesterday’s session, while futures slid another 2% overnight, as investors took profits at the close of the S&P 500’s best month since 1987. Apple’s (NASDAQ:AAPL) failure to give guidance and plans from Amazon (NASDAQ:AMZN) to spend all … Continue reading