Markets Source: SeekingAlpha.com Economic Calendar 8:30 Durable Goods 8:30 Initial Jobless Claims 9:45 PMI Composite Flash 10:00 New Home Sales 10:00 Consumer Sentiment 10:30 EIA Petroleum Inventories 12:00 PM EIA Natural Gas Inventory 1:00 PM Baker-Hughes Rig Count 2:00 PM FOMC Minutes https://www.investing.com/economic-calendar/ S&P 500 ***Written Tuesday evening for … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 10:00 Richmond Fed Mfg. 11:00 Fed’s Mester Speech 11:30 Results of $22B, 2-Year FRN Auction 1:00 PM Results of $35B, 7-Year Note Auction 1:00 PM Money Supply https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 … Continue reading
Markets Economic Calendar 8:30 Chicago Fed National Activity Index 11:30 Results of $42B, 2-Year Note Auction 1:00 PM Results of $43B, 5-Year Note Auction ***New: PTG Average Daily Range Calculator S&P 500 Prior Session was Cycle Day 2 (CD2): Another roller coaster ride as price … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price declined, establishing a new cycle low at 3912.50. Prior range was 78 handles on 1.510M contracts exchanged. … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): Positive 3-day Cycle as bullish enthusiasm has tempered with recent balancing sessions. Prior range was 54 handles on 1.441M contracts exchanged. … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ U.S. crude inventories fell by 5.8 million barrels for the week ended Nov. 11. That compared with a build of 5.6M barrels reported by the API for the previous week. Economists were expecting a … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price declined, establishing a new cycle low at 3964 in more of a “balancing-day.” Prior range was 53 … Continue reading
Markets ‘Ways to go’ Denting some of the recent enthusiasm seen after last week’s CPI report, Federal Reserve Governor Christopher Waller called the 7.7% inflation print “enormous” and said it was “just one data point.” Markets surged following the figure showing that inflation … Continue reading
Markets Euphoria sweeps markets “Explosive,” “shock” and “relief” are some of the adjectives being used to describe the rally on Thursday as stocks recorded their best session since the early days of the pandemic in 2020. When all was said … Continue reading
Markets Inflation update With inflation being the Federal Reserve’s biggest worry, October’s Consumer Price Index has the potential to rattle markets again today. The headline number, released at 8:30 a.m. ET, is expected to increase 8% Y/Y, compared to 8.2% … Continue reading