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 declined, establishing a new cycle low at 4365.25 during the morning session. Price rallied during the afternoon session, settling near highs … Continue reading
Markets (Top Stories) Here are two things that could affect markets tomorrow: 1. Powell speech The Fed’s Powell is expected to address the officials gathered in Jackson Hole at 10:05 ET (14:05 GMT). 2. Consumer sentiment The University of Michigan’s latest consumer sentiment reading … 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): Market propelled higher easily achieving cycle targets, driven by the tech sector and anticipation of Nvidia’s earning release, which did not disappoint. Prior range was … 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): Gap opening propelled price up to our stated 4440 target but buyers could not … 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): Markets did secure a positive 3-day cycle as bullish momentum drove prices higher, closing near high of the day. Prior range was 48 handles … 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): Normal Cycle Day 2 as price consolidated throughout the session, catching a strong end of week bid post 2 pm into the closing bell. Prior … 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 declined, exceeding lower Violation Levels and establishing a new cycle low at 4377.75. Prior range was 59 handles on 1.559M contracts … Continue reading
Markets (Top Stories) Run-up in yields Bond yields continue to rise across the board, continuing an upswing that began nearly three months ago at the beginning of the summer. In fact, the yield on the benchmark 10-year Treasury (US10Y) closed … 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): Risk-Off was the prevalent sentiment throughout this session, as price challenged CD1 Low (4465). … 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 declined, establishing a new cycle low at 4465 during GBX, then rallied throughout the RTH fulfilling our upside target of 4505 … Continue reading