Markets Source: SeekingAlpha.com Economic Calendar 8:30 Housing Starts and Permits 8:55 Redbook Chain Store Sales 1:00 PM Results of $20B, 20-Year Bond Auction https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 ***Written Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening Print” publication. Prior … Continue reading
Markets Volatility sticks around The rocky start to 2022 is continuing into earnings season as a jump in Treasury yields continues to unnerve investors. The 10-year Treasury yield climbed 6 basis points overnight to 1.83%, a level last seen two … Continue reading
Martin Luther King Jr. was an American Baptist minister and activist who became the most visible spokesman and leader in the American civil rights movement from 1955 until his assassination in 1968. … Continue reading
Markets Big bank bucks Investors this morning will get a better picture on the financial standing of the economy as the biggest U.S. banks publish their quarterly results. Source: SeekingAlpha.com Economic Calendar 8:30 Retail Sales 8:30 Import/Export Prices 9:15 Industrial Production 10:00 Business Inventories … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Producer Price Index 10:30 EIA Natural Gas Inventory 1:00 PM Results of $22B, 30-Year Note Auction 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 pushed upwards fulfilling … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Consumer Price Index 10:00 Atlanta Fed’s Business Inflation Expectations 1:00 PM Results of $36B, 10-Year Note Auction 2:00 PM Treasury Budget 2:00 PM Fed’s Beige Book https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link Crude rally Weekly oil stockpiles data from … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar Powell on the Hill Get ready for the latest appearance by Fed Chair Jerome Powell, who will visit Capitol Hill today for his confirmation before the Senate Banking Committee. 10:00 Powell testifies before Senate Banking Committee 1:00 … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 10:00 Wholesale Inventories (Preliminary) 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 3 (CD3): First week of the new year began will selling and ended the same way…Selling. … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar Jobs Day The last non-farm payrolls report for 2021 will be released this morning, with expectations that the U.S. economy added 400K jobs in December, compared to 210K jobs added in November. The figures – which … Continue reading
Markets A new era of monetary policy is starting to hit investors in the face after previously estimating that any tightening would be limited and gradual. FOMC minutes released on Wednesday showed that officials were fully on board with a … Continue reading