Markets Economic Calendar 10:00 Existing Home Sales 10:30 EIA Petroleum Inventories 1:00 PM Results of $14B, 20-Year Bond Auction https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Abhorrent Cycle Day 1 as price gapped higher and … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Housing Starts and Permits 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 well. …Transition from … Continue reading
Markets Economic Calendar 10:00 NAHB Housing Market Index 4:00 PM Treasury International Capital 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 in place, therefore the decline could start at any … Continue reading
Markets Economic Calendar 8:30 Retail Sales 8:30 Empire State Mfg Survey 8:30 Import/Export Prices 8:45 Fed’s Bostic 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/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Normal … Continue reading
Markets Inflation nation The Federal Reserve is waking up this morning a little bruised around the face as a black eye inflation report underscored the now-infamous “transitory” forecast from Jay Powell and Co. The Consumer Price Index surged by an annual 9.1% … Continue reading
Markets Market reaction Stock traders are angling in on how to trade the CPI report, while longer-term investors are adjusting price targets on where to buy back into equities. Factors include what the central bank will make of the figures, … Continue reading
Markets Economic Calendar 12:30 PM Fed’s Barkin Speech 1:00 PM Results of $33B, 10-Year Bond Auction 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 Cycle Day 1 as price declined to establish a low … Continue reading
Markets Market direction Investors are strapping on their seatbelts as they prepare for some wild trading in the week ahead. Volatility is likely to reign high due to a confluence of economic indicators, which include retail sales and a consumer … Continue reading
Markets Investors this morning will be looking at the Labor Department’s view of how much hiring took place in June and what it says about the temperature of the overall economy. FOMC policymakers will also be watching the data, with … Continue reading
Markets Inflation or growth? U.S. equity indices finished Wednesday’s session with modest gains, as Wall Street reacted positively to details about the Feds strategy to contain inflation. Investors cheered signs that the central bank was committed to preventing price pressures … Continue reading