Markets Futures point to another vaccine rally Hopes for a continuing economic recovery saw cyclicals lead the advance for futures overnight as the U.S. gears up for a historic vaccine rollout. Dow +0.8%; S&P 500 +0.6%; Nasdaq +0.4%. Source: SeekingAlpha.com Economic Calendar No events … Continue reading
Markets Futures fall back U.S. stock index futures have turned around over the last few hours, pointing to a 1% decline at the open, as sentiment followed European equities into the red amid talks about a disruptive Brexit. Source: SeekingAlpha.com Economic Calendar 8:30 Producer … Continue reading
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: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims8:30 Consumer Price Index10:00 Quarterly Services Report10:30 EIA Natural … Continue reading
Markets U.S. stock index futures inched up 0.28% overnight after the market’s S&P 500 hit a fresh record high. Source: SeekingAlpha.com Economic Calendar 10:00 Job Openings and Labor Turnover Survey10:00 Wholesale Inventories (Preliminary)1:00 PM Results of $38B, 10-Year Note Auction 10:30 EIA Petroleum Inventories https://www.investing.com/economic-calendar/ ***New: PTG Trading … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Productivity and Costs8:55 Redbook Chain Store Sales1:00 PM Results of $56B, 3-Year Note Auction https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Normal for a CD1 is for a decline, which … Continue reading
Markets Sterling slipped 1.5% to $1.3241 overnight after Boris Johnson told the EU that Britain must have “freedom” to make its own rules and cabinet ministers said he should pursue a no-deal Brexit unless Brussels backs down. Source: SeekingAlpha.com Economic Calendar 12:30 PM TD … Continue reading
Markets U.S. stock index futures are ahead by 0.4%, following other data on Thursday that showed fewer new U.S. jobless claims than forecast. Source: SeekingAlpha.com Economic Calendar 8:30 Non-farm payrolls8:30 Goods and Services Trade1:00 PM Baker-Hughes Rig Count Drumroll for non-farm payrolls It’s the first … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims9:45 PMI Composite Final10:00 ISM Service Index10:30 EIA Natural Gas Inventory4:30 PM Money Supply4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Normal for a CD1 is for … Continue reading
Markets U.S. stock index futures inched down 0.23% overnight after the market’s historic rally extended to December and the S&P 500 hit a fresh record high. Source: SeekingAlpha.com Economic Calendar Auto Sales7:00 MBA Mortgage Applications8:15 ADP Jobs Report 9:00 Fed’s Quarles: “Financial Regulation”9:00 Fed’s Williams Speech10:00 Fed’s Harker: … Continue reading
Markets Wall Street’s enthusiasm about vaccines helped drive historical performances for the averages in November. The S&P 500 (SP500) rose 10.9% for the month, its best November ever. The DJIA (DJI) gained 11.9% for its best month (at any point in the year) since … Continue reading