David, before you started your firm and your CTA you worked on Wall Street for a number of years. Can you give me a history of your experience and explain how that helped guide you and shaped how you trade … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 10:00 Consumer Confidence 10:00 Richmond Fed Mfg. 1:00 PM Results of $42B, 2-Year Note Auction 1:00 PM Money Supply https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price declined, established … Continue reading
Markets Earnings, earnings, earnings The stakes this week couldn’t be higher as Big Tech gets ready to dominate earnings season. While third quarter reports will pour in from every corner of the market, results from Microsoft (MSFT), Alphabet (GOOGL), Meta … Continue reading
Markets 4.5% within sight Longer rates are heading even higher this morning, with the 10-year Treasury yield up 6 basis points to 4.29% in early trading. It follows a major milestone in the previous session, when the 10-year closed at … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Philly Fed Business Outlook 10:00 Existing Home Sales 10:00 Leading Indicators 10:30 EIA Natural Gas Inventory 12:00 PM Fed’s Harker Speech 2:05 PM Fed’s Bowman Speech 4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Housing Starts and Permits 1:00 PM Fed’s Kashkari Speech 1:00 PM Results of $12B, 20-Year Bond Auction 2:00 PM Fed’s Beige Book 6:30 PM Fed’s Evans Speech https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link Crude price action Oil sales from … Continue reading
Markets Hear ye, earnings! Volatility is the name of the game these days as investors try to size up the economic outlook and what it might mean for their portfolios. It hasn’t been easy forecasting where things might go from … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Empire State Mfg Survey https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price declined, established a new cycle low at 3591.25. Prior range was 142.50 handles … Continue reading
Markets Mr. Market’s Wild Ride Tale of the tape: S&P futures peaked +1.57% ahead of the CPI release, bottomed out -2.4% and the S&P 500 closed +2.6% with a roundtrip intraday range of 5.52%, according to Deutsche Bank. The Dow rallied +1,400 points from its low. … Continue reading
Engaging the core (CPI) Inflation is the focus for Wall Street and the global markets, with only an extremely tame rise in consumer prices likely to give Fed members cause to rethink rate trajectory. Core CPI is expected to revisit the … Continue reading