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
Markets FOMC minutes Three weeks ago, the Federal Reserve’s Federal Open Market Committee made news when it announced its biggest rate hike since 1994, in an effort to show markets that it’s serious about taming inflation. Today, the central bank … Continue reading
Markets Economic Calendar 10:00 Factory Orders 12:30 PM Investor Movement Index https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): Normal consolidation as expected for this cycle day as shortened holiday kept traders sidelined. Range … Continue reading
Markets Perfect storm: The S&P 500 (SP500) has plunged 21% since January, losing more than $9T in market capitalization and suffering its worst first half of a year since 1970, while the Nasdaq Composite (COMP.IND) and Dow Jones (DJI) fell 16% and 30%, respectively. The 10-year … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Personal Income and Outlays 9:45 Chicago PMI 10:30 EIA Natural Gas Inventory 3:00 PM Farm Prices 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 … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 GDP Q1 8:30 Corporate profits 9:00 Jerome Powell Speech 10:00 State Street Investor Confidence Index https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link 10:30 EIA Petroleum Inventories Oil prices traded higher Tuesday, boosted by hopes of increased Chinese demand as well … Continue reading