Trade Strategy 6.26.20

Markets U.S. equity futures are little changed in early morning action following a late-day surge yesterday that helped major averages recover some of the steep losses seen mid-week. Source: Seeking Alpha Source: Economic Calendar 8:30 Personal Income and Outlays10:00 Consumer Sentiment1:00 PM Baker-Hughes … Continue reading

Trade Strategy 6.25.20

Markets In the red for most of the night, S&P 500 futures have pared most of their losses to trade near the starting line ahead of some important economic data. Source: Seeking Alpha Economic Calendar 8:30 Durable Goods8:30 Initial Jobless Claims8:30 International trade … Continue reading

Trade Strategy 6.23.20

Markets U.S. stocks are likely to continue their climb higher today, with futures tied to the S&P 500 ahead by 0.8%, as manufacturing and services sectors begin to recover from lock-downs.  Source: Seeking Alpha Source: Economic Calendar 8:55 Redbook Chain Store Sales9:45 PMI … Continue reading

Trade Strategy 6.22.20

Markets Source: Seeking Alpha Economic Calendar 10:00 Existing Home Sales Source: S&P 500 Friday’s Session was Cycle Day 3 (CD3): Price fulfilled Positive 3 Day Cycle Statistic before reversing early strength to sell down during afternoon session with QUAD Witching Options Expiration. … Continue reading

Trade Strategy 6.19.20

Markets Looking for a catalyst after a muted session on Thursday, U.S. stock index futures advanced 1% overnight after hugging the flatline for most of the session. Source: Economic Calendar 8:30 Current Account10:15 Fed’s Rosengren: U.S. Economy12:00 PM Fed’s Quarles: “Stress Testing”1:00 PM Jerome Powell Speech1:00 PM Fed’s … Continue reading

Trade Strategy 6.18.20

Markets Futures wavered between slight gains and losses overnight as investors track an uptick in new COVID-19 cases against the reopening of the economy. Source: Seeking Alpha Source: Economic Calendar 8:30 Initial Jobless Claims8:30 Philly Fed Business Outlook10:00 Leading Indicators10:30 EIA Natural Gas Inventory … Continue reading