Markets Still hawkish Hawkish comments from several Fed presidents are countering a recent narrative taking hold of financial markets, in which policymakers would ease up on a recent tightening cycle given expectations of an economic slowdown. Stocks dipped on the remarks on … Continue reading
Markets Economic Calendar 10:00 Job Openings and Labor Turnover Survey https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Price did produce a decline for this cycle day, with low being established late in the … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 9:45 PMI Manufacturing Index 10:00 Construction Spending 10:00 ISM Manufacturing Index 1:00 PM Baker-Hughes Rig Count https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): Three-Day Cycle Objectives were fulfilled as price ended the … Continue reading
Markets Bad news is good news? While it’s not entirely clear whether a recession has begun, investors are now betting on a slightly more dovish Fed, with a more moderate pace of rate hikes. Slower growth expectations were displayed in the … Continue reading
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Markets Recession? Get ready for a contentious GDP readout that will be the talk of the markets for the rest of the day (and the coming sessions and weeks ahead). The first estimate of gross domestic product for the second-quarter … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Durable Goods 8:30 International Trade in Goods (Advance) 8:30 Retail Inventories (Advance) 8:30 Wholesale Inventories (Advance) 10:00 Pending Home Sales 10:00 State Street Investor Confidence Index 11:00 Survey of Business Uncertainty 11:30 Results of $24B, 2-Year FRN Auction 2:00 PM FOMC Announcement 2:30 PM Chairman … Continue reading
Markets Economic Calendar FOMC meeting begins 9:00 S&P Corelogic Case-Shiller Home Price Index 9:00 FHFA House Price Index 10:00 Consumer Confidence 10:00 New Home Sales 10:00 Richmond Fed Mfg. 1:00 PM Results of $46B, 5-Year Note Auction 1:00 PM Money Supply https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s … Continue reading
Markets Earnings on rush In arguably the most important week for Wall Street this summer, with the Fed decision and GDP on tap, earnings could actually end up determining direction. Economic Calendar 8:30 Chicago Fed National Activity Index 10:30 Dallas Fed Manufacturing … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 9:45 PMI Composite Flash 1:00 PM Baker-Hughes Rig Count https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): Three-Day Cycle Objectives were fulfilled as price extended further to tag Penetration levels as … Continue reading
Markets Economic Calendar 8:30 Initial Jobless Claims 8:30 Philly Fed Business Outlook 10:00 Leading Indicators 10:30 EIA Natural Gas Inventory 4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): The 3 day rally is … Continue reading