Markets Source: SeekingAlpha.com Economic Calendar 8:30 Consumer Price Index 10:00 Atlanta Fed’s Business Inflation Expectations 1:00 PM Results of $38B, 10-Year Note Auction 2:00 PM Treasury Budget https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link 10:30 EIA Petroleum Inventories S&P 500 ***Written 8 pm Tuesday evening for … Continue reading
Markets The Nasdaq is leading the charge on Wall Street this morning, with futures tied to the index ahead by 2.5%, followed by a 1.2% advance for the S&P 500 and 0.6% gain for the Dow. It marks some renewed momentum for tech shares, which … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 10:00 Wholesale Inventories (Preliminary) 12:30 PM Investor Movement Index https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): Cycle Objectives were fulfilled as price closed strong to end the week. Range was … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Non-farm payrolls 8:30 Goods and Services Trade 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): Early rally attempt failed as price sharply reversed direction, selling down … Continue reading
Markets Stock futures inched between gains and losses overnight following another session that saw the major averages finish in the red across the board. The heavy losses continued to inflict pain on investors spooked by rising bond yields, Source: SeekingAlpha.com Economic … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:15 ADP Jobs Report 9:45 PMI Services Index 10:00 ISM Non-Manufacturing Index https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link 10:30 EIA Petroleum Inventories S&P 500 ***Written 8 pm Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening Print” publication. Tuesday’s Session … Continue reading
Markets Volatility may be making a comeback on Wall Street as stock index futures fell back overnight, down about 0.5%, following one of the best days since June. On Monday, the S&P 500 climbed 2.4%, the DJIA tacked on another 2%, while the … Continue reading
Markets The biggest monthly rise in bond yields since 2016 injected fresh uncertainty into the market, bruising technology stocks and triggering volatility streaks that saw the DJIA swing more than 1,000 points over three days. Things appear to be turning … Continue reading
Markets Stock markets obeying the yield sign Wall Street looks to get its sea legs back at the open today after being whipsawed by interest rates. U.S. stock index futures are mixed, while Treasury yields are easing early following a … Continue reading
Markets Yields, reflation, stimulus, earnings Another market record for 2021 was seen Wednesday as the Dow Jones Industrial Average surged 424 points to a new record close. Rotation players were also happy to see the index as the only major average in … Continue reading