Markets U.S. stock index futures climbed around 0.8% overnight Source: SeekingAlpha.com Economic Calendar 8:30 Housing Starts and Permits8:55 Redbook Chain Store Sales https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): Failed rally attempt resulted in aggressive selling, driving price … Continue reading
Markets U.S. stock index futures start the week with an advance of .05%. Source: SeekingAlpha.com Economic Calendar 8:00 Powell: “Cross-Border Payments and Digital Currencies”10:00 NAHB Housing Market Index11:45 Fed’s Clarida: U.S. Economic Outlook and Monetary Policy https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 … Continue reading
Markets Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 Retail Sales9:15 Industrial Production10:00 Business Inventories10:00 Consumer Sentiment1:00 PM Baker-Hughes Rig Count Source: https://www.investing.com/economic-calendar/ S&P 500 (ES) Prior Session was Cycle Day 3 (CD3): Early price weakness reversed from 10 day support (3435), and rallied back three-fourths of previous … Continue reading
Markets Second wave fears Concerns over economic fallout from resurging coronavirus infections, as well as dwindling hopes for U.S. fiscal stimulus, weighed on stocks around the globe overnight Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims8:30 Philly Fed Business Outlook8:30 Empire State Mfg Survey8:30 Import/Export … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Producer Price Index 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 Print” publication Tuesday’s Session was Cycle Day 1 (CD1): Activity unfolded as a … Continue reading
Markets Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 Consumer Price Index8:55 Redbook Chain Store Sales 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 and surpassing price … Continue reading
Markets Get ready for earnings season Financial earnings will dominate the current week as the sector tries to break out of the malaise that made it an underperformer throughout the summer’s recovery rally. Source: SeekingAlpha.com Economic Calendar 9:00 Fed’s Kashkari Speech https://www.investing.com/economic-calendar/ … Continue reading
Markets U.S. stock futures are setting up for a positive open, with S&P 500 futures up 0.4% and Dow Jones futures 0.3% higher. Source: SeekingAlpha.com Economic Calendar 10:00 Wholesale Inventories (Preliminary)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 … Continue reading
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
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