Trade Strategy 8.31.20

Markets U.S. equity futures are starting the week up 0.3% after the DJIA turned positive for 2020 and Wall Street posted its fifth consecutive week of gains. Source: SeekingAlpha.com Economic Calendar 9:00 Fed’s Clarida: Monetary Policy10:30 Dallas Fed Manufacturing Survey https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat … Continue reading

Trade Strategy 8.28.20

Markets Dow and S&P 500 futures are up 0.5% and 0.4%, respectively, while Nasdaq futures are hugging the flatline. Source: SeekingAlpha.com Economic Calendar 8:30 International Trade in Goods (Advance)8:30 Retail Inventories (Advance)8:30 Wholesale Inventories (Advance)8:30 Personal Income and Outlays9:45 Chicago PMI10:00 Consumer Sentiment1:00 PM Baker-Hughes Rig Count https://www.investing.com/economic-calendar/ ***New: PTG … Continue reading

Trade Strategy 8.25.20

Markets S&P 500 futures climbed 0.5% overnight after another record-setting session on Wall Street that saw the benchmark close above 3,400 for the first time. Source: SeekingAlpha.com Economic Calendar 8:55 Redbook Chain Store Sales9:00 S&P Corelogic Case-Shiller Home Price Index9:00 FHFA House Price Index10:00 Consumer Confidence10:00 New Home … Continue reading

Trade Strategy 8.24.20

Markets S&P futures rise 0.7%, Nasdaq futures +0.9%, and the Dow pushes 0.8% higher. 10-year Treasury slips, pushing yield up almost 1 basis point to 0.64%. In Europe, the Stoxx Europe 600 Index rises 1.7%, U.K.’s FTSE 100 Index adds 1.6%, Germany’s DAX gains 2.1% and France’s CAC climbs 2.2%. In … Continue reading

Trade Strategy 8.20.20

Markets Global markets along with US futures for the Dow Jones, S&P 500, NASDAQ and Russell 2000 were a sea of red on Thursday, after the Federal Reserve, on Wednesday, lowered expectations for economic growth over the rest of the year. Treasuries advanced, the dollar’s rebound stalled—though at … Continue reading

Trade Strategy 8.19.20

Markets S&P 500 To Take Aim At New Record The index had a modest gain yesterday that pushed it to a new record. Futures are up 0.17% today aiming to hit a new record.  Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 10:00 Quarterly Services … Continue reading