Trade Strategy 1.6.23

Markets It’s the first Friday of the month, and that means the non-farm payrolls report. Economists expect the NFP release to show that 200,000 jobs were added in December, with the unemployment rate staying near a 50-year low at 3.7%. … Continue reading

Trade Strategy 1.5.23

Markets Economic Calendar 8:15 ADP Jobs Report 8:30 Goods and Services Trade 8:30 Initial Jobless Claims 9:20 Fed’s Bostic Speech 9:45 PMI Composite Final 10:30 EIA Natural Gas Inventory 11:00 EIA Petroleum Inventories 1:20 PM Fed’s Bullard Speech https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior … Continue reading

Trade Strategy 1.4.23

Markets Source: SeekingAlpha.com Economic Calendar 10:00 ISM Manufacturing Index 10:00 Job Openings and Labor Turnover Survey 2:00 PM FOMC Minutes 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 2 (CD2): Risk-Off was the “continuation-theme” … Continue reading

Trade Strategy 1.3.22

Markets 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 Cycle Low at 3821.50. Prior range was 49 handles on 1.295M contracts exchanged.   …Transition from Cycle Day 1 to Cycle … Continue reading

Trade Strategy 12.30.22

Markets Economic Calendar 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 sharply up to CD3 Penetration Levels, securing a Positive Three-Day Cycle for the final cycle of 2022. Prior range was … Continue reading

Trade Strategy 12.29.22

Markets Economic Calendar 8:30 Initial Jobless Claims 10:30 EIA Natural Gas Inventory 11:00 EIA Petroleum Inventories 1:00 PM Results of $35B, 7-Year Note Auction 4:30 PM Fed Balance Sheet ***New: PTG Average Daily Range Calculator S&P 500 Prior Session was Cycle Day 2 (CD2): Risk-Off Tax Selling … Continue reading

Trade Strategy 12.28.22

Markets 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): Normal CD1 as price declined establishing a Low at 3837.25. Prior range was 63 handles on … Continue reading

Trade Strategy 12.27.22

Markets Economic Calendar 8:30 International Trade in Goods (Advance) 8:30 Retail Inventories (Advance) 8:30 Wholesale Inventories (Advance) 9:00 S&P CoreLogic Case-Shiller Home Price Index 9:00 FHFA House Price Index 10:30 Dallas Fed Manufacturing Survey 1:00 PM Results of $42B, 2-Year Note Auction 1:00 PM Money Supply https://www.investing.com/economic-calendar/ ***New: PTG … Continue reading

Trade Strategy 12.23.22

Markets Economic Calendar 8:30 Durable Goods 8:30 Personal Income and Outlays 10:00 New Home Sales 10:00 Consumer Sentiment 1:00 PM Baker-Hughes Rig Count ***New: PTG Average Daily Range Calculator S&P 500 Prior Session was Cycle Day 2 (CD2): Risk-Off Selling hit the markets once again, driving prices … Continue reading

Trade Strategy 12.22.22

Markets Source: SeekingAlpha.com Economic Calendar 8:30 GDP Q3 8:30 Initial Jobless Claims 8:30 Chicago Fed National Activity Index 8:30 Corporate profits 10:00 Leading Indicators 10:30 EIA Natural Gas Inventory 11:00 Kansas City Fed Mfg Survey 4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 … Continue reading