Trade Strategy 10.14.20

Markets Source: SeekingAlpha.com Economic Calendar 8:30 Producer Price Index 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 Print” publication Tuesday’s Session was Cycle Day 1 (CD1): Activity unfolded as a … Continue reading

Trade Strategy 10.13.20

Markets Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 Consumer Price Index8:55 Redbook Chain Store Sales Source: https://www.investing.com/economic-calendar/ S&P 500 (ES) Prior Session was Cycle Day 3 (CD3): Positive Cycle Statistic had been fulfilled early in this cycle with the rally reaching and surpassing price … Continue reading

Trade Strategy 10.12.20

Markets Get ready for earnings season Financial earnings will dominate the current week as the sector tries to break out of the malaise that made it an underperformer throughout the summer’s recovery rally. Source: SeekingAlpha.com Economic Calendar 9:00 Fed’s Kashkari Speech https://www.investing.com/economic-calendar/ … Continue reading

Trade Strategy 10.9.60

Markets U.S. stock futures are setting up for a positive open, with S&P 500 futures up 0.4% and Dow Jones futures 0.3% higher. Source: SeekingAlpha.com Economic Calendar 10:00 Wholesale Inventories (Preliminary)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 … Continue reading

Trade Strategy 10.8.20

Markets Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 Initial Jobless Claims10:30 EIA Natural Gas Inventory Source: https://www.investing.com/economic-calendar/ S&P 500 (ES) Prior Session was Cycle Day 3 (CD3): Positive Cycle Statistic had been fulfilled early in this cycle with the rally reaching price objectives. Range … Continue reading

Trade Strategy 10.7.20

Markets  Futures climbed steadily overnight. S&P futures (SPX)  are up 0.8% and Nasdaq futures (NDX:IND)  are up 0.6%. Major indexes in Europe are little changed, while Asia was mixed. Source: SeekingAlpha.com Economic Calendar 10:30 EIA Petroleum Inventories1:00 PM  Results of $29B,10-Year Note Auction1:00 PM Fed’s Bostic Speech1:00 PM Fed’s Kashkari … Continue reading

Trade Strategy 10.6.20

Markets Source: SeekingAlpha.com Economic Calendar 8:30 Goods and Services Trade8:55 Redbook Chain Store Sales10:00 Job Openings and Labor Turnover Survey10:40 Powell: “Global Reset? Economics, Business and Policy in the Pandemic”12:00 PM Fed’s Harker: “Machine Learning”1:00 PM Results of $52B, 3-Year Note Auction https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat … Continue reading

Trade Strategy 10.5.20

Markets Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 9:45 PMI Composite Final10:00 ISM Non-Manufacturing Index12:30 PM TD Ameritrade IMX Source: https://www.investing.com/economic-calendar/ S&P 500 (ES) Prior Session was Cycle Day 3 (CD3): Positive Cycle Statistic had been fulfilled early in this cycle with the rally reaching price … Continue reading

Trade Strategy 10.2.20

Markets Trump tests positive for COVID-19Stock index futures are down sharply, sliding around 2% overnight, after President Donald Trump tweeted he and First Lady Melania Trump have begun to quarantine after testing positive for the coronavirus. Source: SeekingAlpha.com Economic Calendar Final jobs report … Continue reading