Markets Powell returns to Capitol Hill Reassuring comments from Jerome Powell helped stocks recover on Tuesday following steep losses earlier in the day. The Nasdaq ended the session down 0.5%, after falling as much as 4%, while the Dow staged a massive … Continue reading
Markets Nasdaq set to continue losing streak The tech sector looks poised for another down day, fueled by fears about inflation and rising long-term interest rates. That could lower the present value of future earnings and undercut arguments for elevated … Continue reading
Markets Rising yields While the S&P 500 is coming off its first losing week in three, the market is going into the final week of February with solid gains. The Dow and S&P 500 have already climbed more than 5% this month, … Continue reading
Markets The stock market record highs seem to have fizzled in recent days, with the S&P 500 falling for a third straight day on Thursday. Fears of inflation may be at work amid concerns that if all the stimulus being … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Housing Starts and Permits 8:30 Philly Fed Business Outlook 8:30 Import/Export Prices 10:30 EIA Natural Gas Inventory 11:00 EIA Petroleum Inventories 4:30 PM Money Supply 4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link 11:00 EIA Petroleum … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Producer Price Index 8:30 Retail Sales 8:55 Redbook Chain Store Sales 9:00 Fed’s Barkin Speech 9:15 Industrial Production 10:00 Fed’s Rosengren Speech 10:00 Business Inventories 10:00 NAHB Housing Market Index 1:00 PM Results of $27B, 20-Year Bond Auction 2:00 PM FOMC Minutes https://www.investing.com/economic-calendar/ ***New: PTG Trading … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Empire State Mfg Survey 2:00 PM Fed’s Daly Speech 4:00 PM Treasury International Capital ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Quiet holiday trade saw price gap up from last week … Continue reading
Markets Cash Equity Markets are Closed. Futures Markets close early at 1:15 est. Source: SeekingAlpha.com Economic Calendar No Calendar Events https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): Price continued this cycle’s rally surpassing … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 10:00 Fed’s Williams Speech 10:00 Consumer Sentiment 1:00 PM Baker-Hughes Rig Count 3:00 PM Fed’s Daly Speech https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): Normal CD2 trade action did unfold as expected, … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 10:30 EIA Natural Gas Inventory 1:00 PM Results of $27B, 30-Year Note Auction 4:30 PM Money Supply 4:30 PM Fed Balance Sheet ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Residual … Continue reading