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 https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 Personal Income and Outlays10:00 Consumer Sentiment1:00 PM Baker-Hughes … Continue reading
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 https://seekingalpha.com/ Economic Calendar 8:30 Durable Goods8:30 Initial Jobless Claims8:30 International trade … Continue reading
Markets Futures were already dipping into the red after the Nasdaq Composite notched a fresh record high, though contracts tied to the S&P 500 are now pointing to a 1% decline on worries about a wider transatlantic trade fight. Source: SeekingAlpha.com Economic Calendar 9:00 FHFA … Continue reading
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 https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:55 Redbook Chain Store Sales9:45 PMI … Continue reading
Markets Source: Seeking Alpha https://seekingalpha.com/ Economic Calendar 10:00 Existing Home Sales Source: https://www.investing.com/economic-calendar/ 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
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: SeekingAlpha.com 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
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 https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 Initial Jobless Claims8:30 Philly Fed Business Outlook10:00 Leading Indicators10:30 EIA Natural Gas Inventory … Continue reading
Markets The Fed’s moves to backstop credit markets, combined with a rebound in U.S. retail sales and prospects for COVID-19 treatment dexamethasone appear to have put a floor under equities (for now) as futures rose modestly in overnight trading. Source: Seeking … Continue reading
Markets A big turnaround on Wall Street was seen Monday as the S&P 500 erased a 2.5% drop on word that the Fed would begin buying individual corporate bonds, on top of the ETFs it’s already snapping up (see more below). Futures are … Continue reading
Markets S&P 500 futures (SPX) started the night off more than 3%, before paring losses to 1.5%, as the choppy trading continues following Thursday’s brutal selloff and Friday’s partial rebound. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 Empire State Mfg Survey11:00 Fed’s Kaplan: “The … Continue reading