Markets Awaiting Powell Following a big day for U.S. equities on Monday, where the Dow took back its lead to close nearly 2% higher, stock index futures are debating their next direction. The wary atmosphere comes before Powell makes his next … Continue reading
Markets Reflation trade in focus U.S. stock index futures are now in the green, up 0.6% in overnight trade. Source: SeekingAlpha.com Economic Calendar 8:30 Chicago Fed National Activity Index https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle … Continue reading
Markets Overnight, Dow and S&P 500 futures hugged the flatline, while contracts tied to the Nasdaq rose 0.2%. Source: SeekingAlpha.com Economic Calendar 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 2 (CD2): Price … Continue reading
Markets Stock futures slipped further overnight, with the Dow and S&P 500 down 0.4%, respectively, and the Nasdaq off by 0.6%. Source: SeekingAlpha.com 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/ … Continue reading
Markets Watch ’em dots Today’s Federal Reserve meeting may be the most watched in recent years, with famed investor Paul Tudor Jones even calling it “the most important in Chair Jay Powell’s career.” With inflation gathering speed and the job … Continue reading
Markets The growth trade could be returning as bond yields keep falling, with the rate on the 10-year Treasury falling another 2 bps to 1.48%. The moves helped propel the Nasdaq Composite upward on Monday, closing at a record high … Continue reading
Markets “June Ballune” Stock futures inched higher overnight, with the Dow and S&P 500 up 0.1%, respectively, and the Nasdaq ahead by 0.3%. Source: SeekingAlpha.com Economic Calendar No events scheduled https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link Pace of Roll The current “pace … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 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 E-mini S&P 500 (ES) Pace of Roll Source: CME Website Prior Session was Cycle Day 3 (CD3): Having fulfilled cycle objectives, price … Continue reading
Markets Investors this morning are set to get a better take on whether inflation is here to stay, or if price pressures could threaten the market rally, with major averages hovering near record highs. U.S. stock index futures were mixed … Continue reading
Markets Major averages closed near the flatline on Tuesday as stocks remained range bound near record highs. Not much changed overnight, with Dow and S&P 500 futures holding steady and contracts linked to the Nasdaq inching up 0.1%. Source: SeekingAlpha.com Economic Calendar … Continue reading