Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price established a new cycle low at 4292.75 late in the session as JPOW comments sent the market into a dizzying tirade … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Positive Three-Day Cycle was fulfilled as price trended lower throughout the session, settling near lows of the day and fulfilling downside range objective. Prior range … Continue reading
Markets (Top Stories) Yields Surge Treasuries sold off sharply early Tuesday after Sept. retail sales figures came in much stronger than expected, while Wall Street’s major averages ended near the flatline. The 10-year Treasury yield (US10Y) jumped to as high as 4.84% on … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price established a new cycle low at 4354 early in session at which time rally began, fulfilling upside 4412 objective. Prior range … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Positive Three-Day Cycle was fulfilled as price trended lower throughout the session, settling near lows of the day. Prior range was 67 handles on 2.093M … Continue reading
Markets (Top Stories) Three big Wall Street banks are reporting Q3 earnings today, giving investors a window into how the sector is dealing with elevated interest rates and muted capital markets activity. JPMorgan Chase (JPM) and Wells Fargo (WFC) were the first to report, with … Continue reading
Markets (Top Stories) For CPI YoY, the median forecast is 3.6%, on the prior 3.7%. According to a survey of 45 qualified economists, the highest estimate is 4.0%, and the lowest is 3.5% For the Core CPI YoY, the median … Continue reading
Markets (Top Stories) Wednesday @ 7:30 CDT Producer Price Index values will be released: Producer prices in September are expected to rise 0.3 percent on the month versus a 0.7 percent increase in August. The annual rate in September is … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Morning consolidation lead to an Afternoon rally exceeding last week’s high and fulfilling 4371 TargetMaster Level. Prior range was 76 handles on 1.422M contracts exchanged. … Continue reading
Markets (Top Stories) Crude oil and gold futures bumped higher in response to the Hamas attack on Israel, which caused over 700 Israeli deaths so far and the abduction of several Israeli citizens and soldiers. More than 400 Palestinians have been killed in retaliatory Israeli … Continue reading