Markets Look out below The market looks set for a lower open on Monday, with stock index futures down another 1% as investors display more nervousness about the Fed decision later in the week. The central bank is expected to raise interest … Continue reading
Markets Stock index futures point to another decline this morning following a tough past four sessions, with the market set to record its fourth down week out of the last five. The benchmark S&P 500 (SP500) is off 4% going into the … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Philly Fed Business Outlook 8:30 Retail Sales 8:30 Empire State Mfg Survey 8:30 Import/Export Prices 9:15 Industrial Production 10:00 Business Inventories 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 … Continue reading
Markets On recession’s doorstep Traders are hoping for some calm after the worst day for markets since the steep pandemic-driven volatility seen in 2020. The Dow (DJI) plunged nearly 1,300 points on Tuesday, leaving the index down 14% in 2022, while the benchmark S&P … Continue reading
Markets CPI update Economists are forecasting U.S. headline consumer price inflation for August to ease to 8.1% Y/Y from 8.5% in July, in a growing sign that the closely-watched index may have peaked at 9.1% in June. On the other … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 11:30 Results of $41B, 3-Year Note Auction 1:00 PM Results of $32B, 10-Year Note Auction https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): With the Positive 3 Day Cycle fulfilled, traders … Continue reading
Markets Economic Calendar 10:00 Fed’s Evans Speech 10:00 Wholesale Inventories (Preliminary) 12:00 PM Fed’s Waller Speech 12:00 PM Fed’s George Speech 1:00 PM Baker-Hughes Rig Count ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): As expected, this cycle day … Continue reading
Markets Economic Calendar 8:30 Initial Jobless Claims 9:10 Jerome Powell Speech 10:00 Quarterly Services Report 10:30 EIA Natural Gas Inventory 10:30 EIA Petroleum Inventories 12:00 PM Fed’s Evans Speech 3:00 PM Consumer Credit 4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Goods and Services Trade 10:00 Fed’s Mester Speech 11:55 Fed’s Brainard Speech 2:00 PM Fed’s Barr Speech 2:00 PM Fed’s Beige Book https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 ***Written Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The … Continue reading
Markets Economic Calendar 9:45 PMI Composite Final 10:00 ISM Service Index 12:30 PM Investor Movement Index ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): Shortened US Holiday trading kept price quiet for the half-day session. following a … Continue reading