Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Markets did secure a positive 3-day cycle, albeit, not a strong showing as FRYDAY “risk-off” was the core theme. Prior range was 37 handles on … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Normal Cycle Day 2 as price swung in a wide “range-runner” type session. Prior range was 71 handles on heavy 2.162M contracts exchanged. …Transition from … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price declined, establishing a new cycle low at 4478.25. Prior range was 58 handles on 1.581M contracts exchanged. …Transition from Cycle Day … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 ***Written Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening Print” publication. Prior Session was Cycle Day 3 (CD3): AM Session selling drove price down to CD3 Violation and Range Projection Levels (4485) … Continue reading
Markets (Top Stories) Credit watch Moody’s cut credit ratings on multiple small and mid-sized banks, and placed six larger lenders on review for downgrade to reflect U.S. banking stresses. “Many banks’ Q2 results showed growing profitability pressures that will reduce their … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price declined, establishing a new cycle low at 4493.75. Prior range was 67 handles on 1.947M contracts exchanged. …Transition from Cycle Day … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Markets failed to secure a positive 3-day cycle, as we knew given the recent change in sentiment and selling, that is was a tall-order to … Continue reading
Markets (Top Stories) Big Tech – Part 2 Last week saw the first round of results from the Big Tech giants, with accelerating growth at Google (GOOG, GOOGL), Meta’s (META) focus on artificial intelligence, and worries about capex at Microsoft (MSFT). Up next are the quarterly … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 ***Written Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening Print” publication. Prior Session was Cycle Day 1 (CD1): Another quiet summer trading session as price continued to balance within a sideways … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Markets secured a positive 3-day cycle, fulfilling upside targets, while starting the week and ending the month of July in “quiet” fashion, with a balancing … Continue reading