Markets Source: SeekingAlpha.com Economic Calendar 8:30 Housing Starts and Permits 8:30 Initial Jobless Claims 8:30 Philly Fed Business Outlook 10:30 EIA Natural Gas Inventory 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 CD1 as price declined during … Continue reading
Markets Stocks powered higher yesterday despite a PPI that showed U.S. wholesale prices in January soaring 9.7% from a year ago, more than twice analyst estimates and just short of the largest jump on record seen in May 2021. A … Continue reading
Markets De-escalation? U.S. stock index futures are riding the de-escalation sentiment, with contracts linked to the Dow ahead by 1.1%, and S&P 500 and Nasdaq up 1.4% and 2%, respectively. Hopes of averting an energy crisis also sent crude futures (CL1:COM) down nearly 3% to $92.69 … Continue reading
Markets The uncertainty has financial markets on edge, with the pan-European Stoxx 600 opening down 2.6% on Monday, while stock index futures in the U.S. also headed lower. In the energy sector, benchmark European gas prices soared as much as … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 10:00 Consumer Sentiment 1:00 PM Baker-Hughes Rig Count 1https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): “Markets first tested yesterday’s high, then the news come and they test yesterday’s low, then … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar Inflation nation Get ready for a move above 7%. The latest CPI data is out today, with economists expecting the figure to have soared 7.3% in January, from a four-decade record notched in December. It’ll be … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 10:00 Wholesale Inventories (Preliminary) 1:00 PM Results of $37B, 10-Year Bond Auction https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link 10:30 EIA Petroleum Inventories S&P 500 ***Written Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening Print” publication. Prior Session was Cycle … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Goods and Services Trade 8:55 Redbook Chain Store Sales 1:00 PM Results of $58B, 3-Year Note Auction 1https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): Positive 3-day Statistic was fulfilled, although … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 12:30 PM Investor Movement Index 3:00 PM Consumer Credit https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): Wide range day marked this session with bulls predominately in control, and position squaring … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Non-farm payrolls 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): Tough day for the bulls as price continued to slip throughout this session. Prior range … Continue reading