Markets The tech sector remains lit after earnings from Microsoft (MSFT) pushed Nasdaq futures up 0.5% overnight, though contracts linked to the Dow and S&P 500 fell back 0.4% and 0.2%, respectively. Fed’s first meeting of 2021 When the Federal Open Market Committee ends its … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:55 Redbook Chain Store Sales 9:00 S&P Corelogic Case-Shiller Home Price Index 9:00 FHFA House Price Index 10:00 Consumer Confidence 10:00 Richmond Fed Mfg. 1:00 PM Results of $61B, 5-Year Note Auction ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior … Continue reading
Markets Earnings season kicks into high gear Traders are preparing for the busiest week of earnings season, which will include reports from some of the largest tech companies, and the excitement is palpable. Nasdaq futures climbed 1% to lead gains overnight, while … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 9:45 PMI Composite Flash 10:00 Existing Home Sales 10:30 EIA Natural Gas Inventory 11:00 EIA Petroleum Inventories 1:00 PM Baker-Hughes Rig Count 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 unfolded as … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Housing Starts 8:30 Philly Fed Business Outlook 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): Shallow decline was produced … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:55 Redbook Chain Store Sales 10:00 NAHB Housing Market Index 1:00 PM Results of $24B, 20-Year Bond Auction https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 ***Written 8 pm Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening … Continue reading
Markets Stock index futures are pointing to gains as traders mull the stimulus plans: Dow +0.6%; S&P 500 +0.8%; Nasdaq +1%. Source: SeekingAlpha.com Economic Calendar 4:00 PM Treasury International Capital https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): 3 Day Cycle Statistic was fulfilled as price failed to expand higher sparking an early decline which recovered, but ultimately closed … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Producer Price Index 8:30 Retail Sales 8:30 Empire State Mfg Survey 9:15 Industrial Production 10:00 Business Inventories 10:00 Consumer Sentiment 11:30 Fed’s Kashkari Speech 1:00 PM Baker-Hughes Rig Count https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Import/Export Prices 10:30 EIA Natural Gas Inventory 4:30 PM Money Supply 4:30 PM Fed Balance Sheet 9:00 Fed’s Rosengren: “Recover Boston: The Road Ahead – Economic Issues in 2021” 11:00 Fed’s Bostic Speech 12:30 PM Jerome Powell … Continue reading