Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Another well laid-out plan for this session as price tagged both upper (4835) and lower (4805) levels as outlined in prior DTS Briefing 1.11.24. Prior range … Continue reading
Markets (Top Stories) CPI generates “wait-and-see mode” Markets largely remain in a “wait-and-see mode” as investors prepare for Thursday’s key consumer inflation report for December, which is likely to dictate sentiment ahead of the next Federal Reserve meeting at the … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 ***Written for contribution to MrTopStep’s “The Opening Print” publication. Prior Session was Cycle Day 3 (CD3): Markets unfolded as outlined in prior DTS Briefing 1.9.24. Stated: ” We’ll be anticipating a Market After Trend … Continue reading
Markets (Top Stories) Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Prior session’s key zone was 4740 – 4750 as outlined in prior DTS Briefing 1.8.24. We stated: “Bulls need to establish control above this zone to … Continue reading
Markets (Top Stories) Source: Investing.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal Cycle Day 1 unfolded by establishing a new cycle low at 4702 (GBX) and 4719.75 (RTH). First week of 2024 has clearly been “risk-off” … Continue reading
Markets (Top Stories) The U.S. is expected to have added fewer jobs in the last month of 2023 as the transitory effects from the auto and Hollywood strikes that boosted November’s gains are now in the rearview mirror. Nonfarm payrolls, which the … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 ***Written for contribution to MrTopStep’s “The Opening Print” publication. Prior Session was Cycle Day 2 (CD2): Markets continued their decline, pushing down to the 12/20/23 lows and fulfilling Cycle Day 2 Violation Level (4747). … Continue reading
Markets (Top Stories) For December, the ISM manufacturing index is expected to rise to 47.1 from 46.7, while the service index falls to 52.5 from 52.7. ADP is expected to show 113,000 new jobs were created in December versus 103,000 in November. Source: Investing.com … Continue reading
Markets (Top Stories) As we enter the 2024 trading year, traders can expect a year filled with both challenges and opportunities, particularly in light of the upcoming election. To navigate this complex landscape, it is essential to identify the “core … Continue reading
Markets (Top Stories) As we countdown the final moments of 2023, I would like to extend my deepest gratitude to everyone that is and has been an integral part of the Polaris Trading Group Community. Each of your valuable contribution … Continue reading