Markets (Top Stories) Stock Market Today: Dow ends flat as investors on edge ahead of jobs report Friday’s report is likely to be a key factor in the Fed’s next interest rate decision. Officials held the rate steady when they … Continue reading
Markets (Top Stories) The recent bond selloff is threatening hopes for a soft landing for the U.S. economy, as traders prepare for borrowing costs to remain higher for longer, while fears over the widening federal deficit continue to mount. Bonds that … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 ***Written Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening Print” publication. Prior Session was Cycle Day 1 (CD1): Normal for CD1 is for a decline, as price did, and reached its Violation … 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 as price oscillated between 4290 – 4340 in a “balancing act” within multi-day value zone to begin the Fourth-Quarter. Prior range was … 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): Negative session closed out the month of September which had plenty of “whip-saw” sessions. Price settled within mid-5 day balance. Prior range was 60 handles … Continue reading
Markets (Top Stories) The final countdown The path towards avoiding a federal government shutdown is getting slimmer with a pending deadline of 12:01 AM ET on Sunday. Millions of federal employees and military service members will be furloughed in the … 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): Failed Three-Day Cycle as price could not recover previous CD1 Low 4443, as selling momentum and “risk-off” mind-set was to overwhelming for bulls to overcome. … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 ***Written Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening Print” publication. Prior Session was Cycle Day 2 (CD2): Aberrant session for CD2 as liquidation selling drove price down to 4300 zone. Prior … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar 10:00 Consumer Confidence 10:00 New Home Sales 10:00 Richmond Fed Mfg. Index 1:00 PM Results of $48B, 2-Year Note Auction 1:00 PM Money Supply 1:30 PM Fed’s Bowman’s speech https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 … Continue reading
Markets (Top Stories) Deadlock continues The budgetary standoff in the U.S. doesn’t look like it will abate soon, raising the likelihood of the first government shutdown since 2019, as hardline Republicans continue to hold off on agreeing to a stopgap spending … Continue reading