Trade Strategy 9.30.20

Markets S&P 500 futures fell 1% overnight as investors braced for heightened volatility in November and December. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 GDP Q28:30 Corporate profits9:30 Fed’s Kashkari: “Covid and the Economy”9:45 Chicago PMI10:00 Pending Home Sales10:00 State Street Investor Confidence Index10:30 EIA Petroleum Inventories Source: https://www.investing.com/economic-calendar/ S&P … Continue reading

Trade Strategy 9.25.20

Markets Last session of rollercoaster week Closing higher yesterday after a wobbly session, U.S. equity futures dropped nearly 1% overnight, with the S&P 500 on course for a fourth consecutive week of losses. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 Durable Goods9:00 Fed’s Williams … Continue reading

Trade Strategy 9.24.20

Markets Volatile moves Market volatility is not going away as Wall Street experienced more whiplash on Wednesday, with stocks closing broadly lower and futures pointing lower overnight.  Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims8:50 Fed’s Kaplan Speech10:00 New Home Sales10:00 Powell Testifies Before the … Continue reading

Trade Strategy 9.21.20

Markets More pain for stocks Things aren’t looking brighter for U.S. equities following Wall Street’s third straight weekly decline, with Dow futures down 2.1% and contracts tied to the S&P 500 and Nasdaq off 1.9%. Source: SeekingAlpha.com Economic Calendar 8:30 Chicago Fed National Activity Index6:00 … Continue reading