Markets Alphabet earnings boost Nasdaq U.S. stock index futures are moving into the green for a third day, powered by strong tech earnings, stimulus progress and a broader vaccine rollout. Nasdaq is leading the pack, with contracts linked to the … Continue reading
Markets Big Tech earnings on tap Tech continues to lead the charge on Wall Street to start the week, with the Nasdaq closing up 2.6% on Monday and futures pointing to another 1% gain at the open Source: SeekingAlpha.com Economic Calendar 8:55 Redbook Chain Store Sales … Continue reading
Markets Flows that were also pulled from brokerages last week due to angst over restricted trading may also be coming back into the market, and futures are reflecting the renewed optimism: Dow +0.7%; S&P 500 +0.9%; Nasdaq +1.1%. Source: SeekingAlpha.com Economic Calendar 9:45 PMI Manufacturing … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Personal Income and Outlays 8:30 Employment Cost Index 9:45 Chicago PMI 10:00 Pending Home Sales 10:00 Consumer Sentiment 1:00 PM Baker-Hughes Rig Count ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): It was a “range-runner” … Continue reading
Markets Wall Street on Wednesday logged its worst day since October despite many catalysts that could have been utilized by traders. On the surface level, things appeared to be positive for equities, like the unwavering support of the Federal Reserve. … Continue reading
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