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He Has Risen, Jesus is alive…. Best christian song(Great Hope) https://www.youtube.com/watch?v=7PiG6GjK7Is … Continue reading
Markets Eyes on a rare payrolls day The tech stock rally looks to keep going with Nasdaq futures solidly higher at the open, but the broader market is more cautions, with S&P futures up slightly and an unusual jobs report … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:15 ADP Jobs Report 9:45 Chicago PMI 10:00 Pending Home Sales 10:00 State Street Investor Confidence Index https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link 10:30 EIA Petroleum Inventories S&P 500 ***Written 8 pm Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The … Continue reading
Markets Yields take hold of stocks again The broader market is pointing to a slightly higher open on Wall Street, but Treasury yields are pressuring tech shares again. The S&P (SPX, SPY) and Dow (INDU, DIA) futures are up, but the Nasdaq … Continue reading
Markets Financials weigh on futures The drop in bank stocks is weighing on stock index futures, which point to a lower open on Wall Street. Source: SeekingAlpha.com Economic Calendar 10:30 Dallas Fed Manufacturing Survey 11:00 Fed’s Waller Speech https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat … Continue reading
Markets Proceed with caution Equities notched a green session on Thursday, while stock index futures rose by another 0.3% overnight, though caution still reigns high in the current trading environment. If bond yields are still part of the equation, the rate on … Continue reading
Markets What’s going on with the stock market? Something strange is happening in the equity market. Many have recently pointed to a Treasury yield hostage situation, where stocks have largely moved in response to their fixed-income counterparts. When bond yields … Continue reading
Markets Asian markets tumbled again overnight, while stocks in Europe dipped into the red, though things are looking more positive in the U.S. after a late selloff on Tuesday. Nasdaq futures are up by 1%, while contacts linked to the S&P … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Current Account 8:55 Redbook Chain Store Sales 10:00 New Home Sales 10:00 Richmond Fed Mfg. 10:10 Fed’s Bostic Speech 11:00 Fed’s Barkin Speech 12:00 PM Powell’s Testimony On Coronavirus Aid, Relief, and Economic Security Act 1:00 PM Results of $46B, 2-Year Note Auction … Continue reading