Markets Source: SeekingAlpha.com Economic Calendar 8:30 Personal Income and Outlays 8:30 Employment Cost Index 9:45 Chicago PMI 10:00 Pending Home Sales 10:00 Consumer Sentiment 1:00 PM Baker-Hughes Rig Count ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): It was a “range-runner” … Continue reading
Markets Wall Street on Wednesday logged its worst day since October despite many catalysts that could have been utilized by traders. On the surface level, things appeared to be positive for equities, like the unwavering support of the Federal Reserve. … Continue reading
Markets The tech sector remains lit after earnings from Microsoft (MSFT) pushed Nasdaq futures up 0.5% overnight, though contracts linked to the Dow and S&P 500 fell back 0.4% and 0.2%, respectively. Fed’s first meeting of 2021 When the Federal Open Market Committee ends its … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:55 Redbook Chain Store Sales 9:00 S&P Corelogic Case-Shiller Home Price Index 9:00 FHFA House Price Index 10:00 Consumer Confidence 10:00 Richmond Fed Mfg. 1:00 PM Results of $61B, 5-Year Note Auction ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior … Continue reading
Markets Earnings season kicks into high gear Traders are preparing for the busiest week of earnings season, which will include reports from some of the largest tech companies, and the excitement is palpable. Nasdaq futures climbed 1% to lead gains overnight, while … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 9:45 PMI Composite Flash 10:00 Existing Home Sales 10:30 EIA Natural Gas Inventory 11:00 EIA Petroleum Inventories 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): Normal CD2 unfolded as … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Housing Starts 8:30 Philly Fed Business Outlook 4:30 PM Money Supply 4:30 PM Fed Balance Sheet ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Shallow decline was produced … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:55 Redbook Chain Store Sales 10:00 NAHB Housing Market Index 1:00 PM Results of $24B, 20-Year Bond Auction https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 ***Written 8 pm Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening … Continue reading
Markets Stock index futures are pointing to gains as traders mull the stimulus plans: Dow +0.6%; S&P 500 +0.8%; Nasdaq +1%. Source: SeekingAlpha.com Economic Calendar 4:00 PM Treasury International Capital https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): 3 Day Cycle Statistic was fulfilled as price failed to expand higher sparking an early decline which recovered, but ultimately closed … Continue reading