Markets First session of the year Traders awaiting the first opening bell of 2021 and stock index futures ahead by 0.5%. Wall Street is also keeping an eye on Georgia’s Senate runoff election tomorrow, Source: SeekingAlpha.com Economic Calendar 9:45 PMI Manufacturing Index10:00 Construction Spending … Continue reading
Markets New Year’s Eve U.S. stock futures hugged the flatline overnight before the final trading session of 2020, with investors looking to bid farewell to a pandemic-stricken year and pop open the champagne for breakfast. While trading desks will be … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 International trade in goods (Advance)8:30 Retail Inventories (Advance)8:30 Wholesale Inventories (Advance)9:45 Chicago PMI10:00 Pending Home Sales10:00 State Street Investor Confidence Index11:00 Survey of Business Uncertainty3:00 PM Farm Prices 10:30 EIA Petroleum Inventories https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 ***Written 8 pm … Continue reading
Markets Record Highs More stock records seem to be in store for today, with futures ahead by 0.5%, after the signing of a COVID relief bill that lifted reopening plays like cruise lines, airlines and casinos. Megacaps led the major averages … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 10:30 Dallas Fed Manufacturing Survey11:30 Results of $58B, 2-Year Note Auction1:00 PM Results of $59B, 5-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 2 (CD2): Pre-Christmas slowdown kept range narrow and … Continue reading
Markets Is a Santa rally in the works? While stock traders will get some time off for Christmas Eve, with the market closing early at 1 p.m. ET, futures are pointing to slight gains for those sticking around in the … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Durable Goods8:30 Initial Jobless Claims8:30 Personal Income and Outlays9:00 FHFA House Price Index10:00 New Home Sales10:00 Consumer Sentiment11:30 Results of $24B, 2-Year FRN Auction12:00 PM EIA Natural Gas Inventory 10:30 EIA Petroleum Inventories https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 ***Written 8 … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 GDP Q38:30 Corporate profits8:55 Redbook Chain Store Sales10:00 Consumer Confidence10:00 Existing Home Sales10:00 Richmond Fed Mfg. https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): Sharp decline during Globex session reversed during RTH session creating … Continue reading
Markets Mutant strain dents stimulus optimism Traders are nervously watching a new COVID-19 mutation in the U.K., which has resulted in a tough lockdown in London and southeast England, and led a number of countries to block travel from Britain. … Continue reading
Markets Record highs U.S. stock index futures are holding their breath after coming off a record-setting session on Thursday, which saw all three of the major averages close at new highs. Source: SeekingAlpha.com Economic Calendar 8:30 Current Account10:00 Leading Indicators11:10 Fed’s Evans Speech11:10 Fed’s Brainard … Continue reading