Trade Strategy 1.23.23

Markets Economic Calendar 10:00 Leading Indicators https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): Price rallied surpassing prior high fulfilling cycle objectives. Prior range was 79 handles on  1.527M contracts exchanged.   …Transition from Cycle … Continue reading

Trade Strategy 1.20.23

Markets Source: SeekingAlpha.com Economic Calendar 10:00 Existing Home Sales 1:00 PM Baker-Hughes Rig Count 1:00 PM Fed’s Waller Speech https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Normal CD2 as price consolidated between 3905 – 3940 zone, which was outlined in prior DTS … Continue reading

Trade Strategy 1.19.23

Markets Source: SeekingAlpha.com Economic Calendar 8:30 Housing Starts and Permits 8:30 Initial Jobless Claims 8:30 Philly Fed Business Outlook 10:30 EIA Natural Gas Inventory 11:00 EIA Petroleum Inventories 1:15 PM Fed’s Brainard Speech https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price declined … Continue reading

Trade Strategy 1.18.23

Markets Economic Calendar 8:30 Producer Price Index 8:30 Retail Sales 9:00 Fed’s Bostic Speech 9:15 Industrial Production 9:30 Fed’s Bullard Speech 10:00 Business Inventories 10:00 NAHB Housing Market Index 1:00 PM Results of $12B, 20-Year Bond Auction 2:00 PM Fed’s Beige Book 4:00 PM Treasury International Capital https://www.investing.com/economic-calendar/ ***New: PTG Trading … Continue reading

Trade Strategy 1.17.23

Markets Source: SeekingAlpha.com Economic Calendar 8:30 Empire State Mfg Survey 3:00 PM Fed’s Williams Speech https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Shortened MLK holiday kept a lid on activity. Prior range was 17 handles on 110k contracts exchanged.   …Transition from … Continue reading

Trade Strategy 1.13.23

Markets Economic Calendar 8:30 Import/Export Prices 10:00 Consumer Sentiment 10:20 Fed’s Harker Speech 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 was Cycle Day 3 (CD3): Price rallied fulfilling cycle objectives, then oscillated around the 4000 strike … Continue reading

Trade Strategy 1.12.23

Markets Simplify the CPI As the Federal Reserve ratchets up interest rates, inflation has started to cool, according to many recent economic reports. Most recently, wage growth rose less than expected in the December non-farm payrolls report, resulting in further … Continue reading

Trade Strategy 1.11.23

Markets Source: SeekingAlpha.com Economic Calendar 10:00 Atlanta Fed’s Business Inflation Expectations 10:30 EIA Petroleum Inventories 1:00 PM Results of $32B, 10-Year Note Auction 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): … Continue reading

Trade Strategy 1.10.23

Markets Fedspeak Things are getting edgy as traders seek to assess the thinking of the Federal Reserve going into 2023. Chair Jay Powell is set to participate today in an International Symposium on Central Bank Independence hosted by the Sveriges … Continue reading

Trade Strategy 1.9.23

Markets Source: SeekingAlpha.com Economic Calendar 12:30 PM Investor Movement Index 12:30 PM Fed’s Bostic Speech 3:00 PM Consumer Credit https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Market’s abruptly shifted gears from risk-off to risk-on following NFP report, as price vaulted higher never … Continue reading