Markets Source: SeekingAlpha.com Economic Calendar 8:30 Housing Starts and Permits 1:00 PM Results of $17B, 20-Year Bond Auction https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link 10:30 EIA Petroleum Inventories U.S. crude inventories fell by 2.4 million barrels for the week ended May. 12. That compared … Continue reading
Markets Economic Calendar 8:30 Retail Sales 9:15 Industrial Production 9:15 Fed’s Harker: “Healthcare as an Economic Driver” 10:00 Business Inventories 10:00 NAHB Housing Market Index 2:00 PM Jerome Powell Speech https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): Market’s … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Empire State Mfg Survey 8:55 Fed’s Williams Speech 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): Markets did produce the “relief-rally” we opined in prior DTS … Continue reading
Markets Economic Calendar 8:30 Import/Export Prices 10:00 Consumer Sentiment 11:00 Fed’s Kashkari: “Energy and Inflation: Drivers and Solutions” 12:00 PM Fed’s Mester 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 1 (CD1): Normal Cycle … Continue reading
Markets Inflation nation Tech stocks got hammered again on Wednesday after the closely-watched Consumer Price Index soared 8.3% in April, which was more than the 8.1% estimate and close to the highest level in more than 40 years Economic Calendar … Continue reading
Markets Investors today are bracing for another inflation report north of 8%, though the number may provide some relief for those looking for the CPI to start cooling off. While April’s Consumer Price Index is expected to come in at … Continue reading
Markets Economic Calendar 7:40 Fed’s Williams Speech 8:30 Fed’s Bostic Speech 9:15 Fed’s Barkin: “Why We Care About Inflation” 1:00 PM Fed’s Kashkari Speech 1:00 PM Results of $45B, 3-Year Note Auction 3:00 PM Fed’s Mester Speech 7:00 PM Fed’s Bostic Speech https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat … Continue reading
Markets A major selloff has plagued the Dow and S&P 500, while the tech-heavy Nasdaq has been in a bear market since March, with nearly half of the index’s constituents off more than 50% below their 52-week highs. Economic Calendar 8:45 Fed’s Bostic … Continue reading
Markets Market optimism continues to evaporate as headline after headline continues to roil investing sentiment. While there have been some relief rallies in recent sessions, or what some dub capitulation trades or a dead cat bounce, those have done little to … Continue reading
Markets Fed calm The Federal Reserve struck a more balanced tone that ignited a relief rally in stocks and bonds yesterday, assuaging fears that even bigger rate hikes would slam the brakes on the economy. The FOMC raised the fed … Continue reading