Markets Source: SeekingAlpha.com Economic Calendar 12:30 PM Investor Movement Index https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal for CD1 as price declined and established a new cycle low at 4132.50. Prior range was 61 handles on 2.259M contracts exchanged. … Continue reading
Markets Wage watch The labor market is still “out of balance,” Fed Chair Jerome Powell said at a press conference earlier this week, putting today’s non-farm payrolls report high up on the watchlist. Economists expect the U.S. economy to have added 185K … Continue reading
Markets As expected, the Federal Reserve hiked its policy rate by 25 basis points to 4.50%-4.75% on Wednesday, slowing the rapid tightening campaign that had dented stocks and other assets in 2022. While the central bank reiterated that it would be data-dependent, … Continue reading
Markets Fed Day Traders widely expect the Federal Reserve to slow its pace of rate hikes to 25 basis points today, down from a 50 bps increase in December, which followed four back-to-back 75 bps hikes. It follows recent economic … Continue reading
Markets Get ready for the big show! The busiest week of the Q4 earnings season is about to kick off, with more than 100 companies representing nearly a third of the S&P 500’s market value set to report results. Meta … Continue reading
Markets The major U.S. stock averages are pointing to a lower open this morning, kicking off a week packed with macro events and major tech earnings. At the time of writing, Nasdaq 100 (NDX:IND) and S&P 500 futures (SPX) are off 1.4% and 1%, respectively, … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Personal Income and Outlays 10:00 Consumer Sentiment 10:00 Pending Home Sales 1:00 PM Baker-Hughes Rig Count https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Price produced only a shallow decline, as continuation rally unfolded, pushing higher to fulfill … Continue reading
$ES_F Daily Trade Plan nailed the Upper & Lower edges perfectly! https://polaristradinggroup.com/trade-strategy-1-26-23/ … Continue reading
Markets Economic Calendar 8:30 Durable Goods 8:30 GDP Q4 8:30 International Trade in Goods (Advance) 8:30 Initial Jobless Claims 8:30 Chicago Fed National Activity Index 8:30 Retail Inventories (Advance) 10:00 Wholesale Inventories (Advance) 10:00 New Home Sales 10:30 EIA Natural Gas Inventory 11:00 Kansas City Fed Mfg Survey 1:00 PM Results … Continue reading