Trade Strategy 12.23.20

Markets Source: Economic Calendar 8:30 Durable Goods8:30 Initial Jobless Claims8:30 Personal Income and Outlays9:00 FHFA House Price Index10:00 New Home Sales10:00 Consumer Sentiment11:30 Results of $24B, 2-Year FRN Auction12:00 PM EIA Natural Gas Inventory 10:30 EIA Petroleum Inventories ***New: PTG Trading Room Chat Log’s Link S&P 500 ***Written 8 … Continue reading

Trade Strategy 12.22.20

Markets Source: Economic Calendar 8:30 GDP Q38:30 Corporate profits8:55 Redbook Chain Store Sales10:00 Consumer Confidence10:00 Existing Home Sales10:00 Richmond Fed Mfg. ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): Sharp decline during Globex session reversed during RTH session creating … Continue reading

Trade Strategy 12.18.20

Markets Record highs U.S. stock index futures are holding their breath after coming off a record-setting session on Thursday, which saw all three of the major averages close at new highs. Source: Economic Calendar 8:30 Current Account10:00 Leading Indicators11:10 Fed’s Evans Speech11:10 Fed’s Brainard … Continue reading

Trade Strategy 12.17.20

Markets U.S. futures advance with stimulus hopes Nasdaq futures gain 0.5%, S&P futures rise 0.2%, and Dow futures move up 0.5%. The Stoxx Europe 600 rises 0.4% Source: Economic Calendar 8:30 Initial Jobless Claims8:30 Housing Starts8:30 Philly Fed Business Outlook10:30 EIA Natural Gas Inventory11:00 Kansas City Fed Mfg Survey4:30 … Continue reading

Trade Strategy 12.15.20

Markets U.S. futures are pressing higher pre-RTH, with the Dow and S&P 500 advancing 0.76% and Nasdaq up 0.56% Source: Economic Calendar FOMC meeting begins8:30 Empire State Mfg Survey8:30 Import/Export Prices8:55 Redbook Chain Store Sales9:15 Industrial Production4:00 PM Treasury International Capital ***New: PTG Trading Room Chat Log’s Link … Continue reading

Trade Strategy 12.10.20

Markets Pulling back from record highs There’s not much movement from U.S. stock index futures after the Nasdaq snapped a four-day win streak with its biggest drop since October. Source: Economic Calendar 8:30 Initial Jobless Claims8:30 Consumer Price Index10:00 Quarterly Services Report10:30 EIA Natural … Continue reading