Trade Strategy 10.8.20

Markets Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 Initial Jobless Claims10:30 EIA Natural Gas Inventory Source: https://www.investing.com/economic-calendar/ S&P 500 (ES) Prior Session was Cycle Day 3 (CD3): Positive Cycle Statistic had been fulfilled early in this cycle with the rally reaching price objectives. Range … Continue reading

Trade Strategy 10.7.20

Markets  Futures climbed steadily overnight. S&P futures (SPX)  are up 0.8% and Nasdaq futures (NDX:IND)  are up 0.6%. Major indexes in Europe are little changed, while Asia was mixed. Source: SeekingAlpha.com Economic Calendar 10:30 EIA Petroleum Inventories1:00 PM  Results of $29B,10-Year Note Auction1:00 PM Fed’s Bostic Speech1:00 PM Fed’s Kashkari … Continue reading

Trade Strategy 10.6.20

Markets Source: SeekingAlpha.com Economic Calendar 8:30 Goods and Services Trade8:55 Redbook Chain Store Sales10:00 Job Openings and Labor Turnover Survey10:40 Powell: “Global Reset? Economics, Business and Policy in the Pandemic”12:00 PM Fed’s Harker: “Machine Learning”1:00 PM Results of $52B, 3-Year Note Auction https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat … Continue reading

Trade Strategy 10.5.20

Markets Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 9:45 PMI Composite Final10:00 ISM Non-Manufacturing Index12:30 PM TD Ameritrade IMX Source: https://www.investing.com/economic-calendar/ S&P 500 (ES) Prior Session was Cycle Day 3 (CD3): Positive Cycle Statistic had been fulfilled early in this cycle with the rally reaching price … Continue reading

Trade Strategy 10.2.20

Markets Trump tests positive for COVID-19Stock index futures are down sharply, sliding around 2% overnight, after President Donald Trump tweeted he and First Lady Melania Trump have begun to quarantine after testing positive for the coronavirus. Source: SeekingAlpha.com Economic Calendar Final jobs report … Continue reading

Trade Strategy 9.30.20

Markets S&P 500 futures fell 1% overnight as investors braced for heightened volatility in November and December. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 GDP Q28:30 Corporate profits9:30 Fed’s Kashkari: “Covid and the Economy”9:45 Chicago PMI10:00 Pending Home Sales10:00 State Street Investor Confidence Index10:30 EIA Petroleum Inventories Source: https://www.investing.com/economic-calendar/ S&P … Continue reading

Trade Strategy 9.25.20

Markets Last session of rollercoaster week Closing higher yesterday after a wobbly session, U.S. equity futures dropped nearly 1% overnight, with the S&P 500 on course for a fourth consecutive week of losses. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 Durable Goods9:00 Fed’s Williams … Continue reading