Markets Source: SeekingAlpha.com Economic Calendar 12:30 PM Investor Movement Index https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): Price pushed down to Key Support (4100) during a choppy two-way balancing session to end the week. … Continue reading
Markets Economic Calendar 8:30 Non-farm payrolls 9:45 PMI Composite Final 10:00 ISM Service Index 10:30 Fed’s Brainard 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 1 (CD1): Normal Cycle Day 1 with low in-place … Continue reading
Markets Economic Calendar 8:15 ADP Jobs Report 8:30 Initial Jobless Claims 8:30 Productivity and Costs 10:00 Factory Orders 10:30 EIA Natural Gas Inventory 11:00 EIA Petroleum Inventories 12:00 PM Fed’s Logan Speech 1:00 PM Fed’s Mester: “What’s ahead for U.S. Monetary Policy?” 4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ ***New: PTG … Continue reading
Markets QE to QT The beginning of so-called quantitative tightening commences today as the Fed lets bonds mature off its $9T balance sheet without replacement. Source: SeekingAlpha.com Economic Calendar 9:45 PMI Manufacturing Index 10:00 ISM Manufacturing Index 10:00 Construction Spending 10:00 Job Openings and Labor … Continue reading
Markets While stocks are trying to grab back some gains this morning, the S&P 500 fell even closer to a bear market on Thursday, now down 18.6% from its record closing high set in early January. If things turn around again this … Continue reading
Markets Blood in the streets The market selloff (or bubble) is showing no sign of abating (or deflating) as U.S. stock index futures continue to stumble. Contracts linked to the Dow (DJI) and S&P 500 (SP500) fell another 1.6% overnight, while the … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Housing Starts and Permits 1:00 PM Results of $17B, 20-Year Bond Auction https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link 10:30 EIA Petroleum Inventories U.S. crude inventories fell by 2.4 million barrels for the week ended May. 12. That compared … Continue reading
Markets Economic Calendar 8:30 Retail Sales 9:15 Industrial Production 9:15 Fed’s Harker: “Healthcare as an Economic Driver” 10:00 Business Inventories 10:00 NAHB Housing Market Index 2:00 PM Jerome Powell Speech https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): Market’s … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Empire State Mfg Survey 8:55 Fed’s Williams Speech 4:00 PM Treasury International Capital https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): Markets did produce the “relief-rally” we opined in prior DTS … Continue reading
Markets Economic Calendar 8:30 Import/Export Prices 10:00 Consumer Sentiment 11:00 Fed’s Kashkari: “Energy and Inflation: Drivers and Solutions” 12:00 PM Fed’s Mester 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 1 (CD1): Normal Cycle … Continue reading