Markets (Top Stories) Economic Calendar 8:30 Chicago Fed National Activity Index 10:30 Dallas Fed Manufacturing Survey https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Price established an early low at 4135.25 ending the week with OPEX Prior range was 25 handles … Continue reading
Markets (Top Stories) Economic Calendar 9:45 PMI Composite Flash 1:00 PM Baker-Hughes Rig Count https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Markets declined below their CD1 Low overnight. Since markets opened the day session below their CD1 Low we knew … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Philly Fed Business Outlook 10:00 Existing Home Sales 10:00 Leading Indicators 10:30 EIA Natural Gas Inventory https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Gap down into support zone (4155 – 4150) quickly … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar 1:00 PM Results of $12B, 20-Year Bond Auction 2:00 PM Fed’s Beige Book 7:00 PM Fed’s Williams Speech https://www.investing.com/economic-calendar/ 10:30 EIA Petroleum Inventories S&P 500 ***Written Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening Print” publication. Prior Session … Continue reading
Markets (Top Stories) Earnings watch Snapshot: Earnings for S&P 500 companies are expected to have declined 4.8% Y/Y in the first quarter, according to data from Refinitiv, marking the second consecutive drop in year-over-year earnings growth. While that would translate into … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar 8:30 Empire State Mfg Survey 10:00 NAHB Housing Market Index 12:00 Fed’s Barkin Speech 4:00 PM Treasury International Capital https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Early strength which fulfilled 3-Day Cycle Target (4186) faded quickly … Continue reading
Markets (Top Stories) Economic Calendar 8:30 Retail Sales 8:30 Import/Export Prices 8:45 Fed’s Waller Speech 9:15 Industrial Production 10:00 Business Inventories 10:00 Consumer Sentiment 1:00 PM Baker-Hughes Rig Count https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Price established an early low, and when this occurs, … Continue reading
Markets (Top Stories) Economic Calendar 8:30 Initial Jobless Claims 8:30 Producer Price Index 10:30 EIA Natural Gas Inventory 4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Positive 3-Day Cycle was fulfilled as an Outside Reversal Day unfolded in … Continue reading
Markets (Top Stories) The closely-watched Consumer Price Index is seen easing further in March, but not nearly enough to meet the Federal Reserve’s price stability mandate. The inflation data due later today will offer a signal as to whether the Fed … Continue reading
Markets (Top Stories) Economic Calendar 1:00 PM Results of $40B, 3-Year Note Auction https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Cycle Low was established at 4098.75 early in the session and as such, rally began closing nears highs of … Continue reading