Markets Source: SeekingAlpha.com Economic Calendar 1:00 PM Results of $58B, 3-Year Note Auction Source: Investing.com ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): Shortened holiday session with light participation. Range was 24 handles on 117k contracts … Continue reading
Markets After squeaking out another round of record closes on Thursday, U.S. stock index futures are ahead by 0.2%, before a jobs report that many are seeing as the next catalyst for the market. Source: SeekingAlpha.com Economic Calendar 8:30 Non-farm payrolls 9:45 PMI … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Productivity and Costs 8:30 Goods and Services Trade 10:00 Factory Orders 10:30 EIA Natural Gas Inventory 4:30 PM Fed Balance Sheet Source: Investing.com ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): … Continue reading
Markets Stocks are going into September on a high, fueled by easy monetary policy from the Federal Reserve and a market still flush with cash. While the major averages fell back slightly on Tuesday, Dow and S&P 500 futures climbed another … Continue reading
Markets A winning August The calls of a stock market melt-up are getting louder as the major averages posted another round of solid gains on Monday. The S&P 500 has rallied more than 20% this year after scoring its 53rd record … Continue reading
Markets U.S. stock index futures continue to point green, albeit slightly, following an eventful meeting in Jackson Hole on Friday. Investors were quick to highlight the dovish stance of Fed Chair Jerome Powell Source: SeekingAlpha.com Economic Calendar 10:00 Pending Home Sales 10:30 Dallas … Continue reading
Markets Powell takes the stage We’ve been hearing about it all week, but the moment has finally arrived. All eyes will be on Fed Chair Jerome Powell this morning as he speaks at the central bank’s annual economic symposium in … Continue reading
Markets Pausing for breath Stocks notched another round of fresh highs on Wednesday, before taking a breather in the overnight session. Meanwhile, U.S. equity futures are staying close to the flatline this morning as the highly anticipated Fed economic symposium … Continue reading
Markets Another day, another record The S&P 500 notched its 50th record close of 2021, while the Nasdaq hit the 15,000 milestone. U.S. equity futures were marginally higher in the overnight session, with traders all pointing to the Fed’s annual … Continue reading
Markets Economic Calendar 10:00 New Home Sales 10:00 Richmond Fed Mfg. 1:00 PM Results of $60B, 2-Year Note Auction 1:00 PM Money Supply ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior session was Cycle Day 1 (CD1): Shallow decline during globex sent futures galloping … Continue reading