Markets Investors this morning will be looking at the Labor Department’s view of how much hiring took place in June and what it says about the temperature of the overall economy. FOMC policymakers will also be watching the data, with … Continue reading
Markets Inflation or growth? U.S. equity indices finished Wednesday’s session with modest gains, as Wall Street reacted positively to details about the Feds strategy to contain inflation. Investors cheered signs that the central bank was committed to preventing price pressures … Continue reading
Markets FOMC minutes Three weeks ago, the Federal Reserve’s Federal Open Market Committee made news when it announced its biggest rate hike since 1994, in an effort to show markets that it’s serious about taming inflation. Today, the central bank … Continue reading
Markets Economic Calendar 10:00 Factory Orders 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): Normal consolidation as expected for this cycle day as shortened holiday kept traders sidelined. Range … Continue reading
Markets Perfect storm: The S&P 500 (SP500) has plunged 21% since January, losing more than $9T in market capitalization and suffering its worst first half of a year since 1970, while the Nasdaq Composite (COMP.IND) and Dow Jones (DJI) fell 16% and 30%, respectively. The 10-year … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Personal Income and Outlays 9:45 Chicago PMI 10:30 EIA Natural Gas Inventory 3:00 PM Farm Prices 4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 GDP Q1 8:30 Corporate profits 9:00 Jerome Powell Speech 10:00 State Street Investor Confidence Index https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link 10:30 EIA Petroleum Inventories Oil prices traded higher Tuesday, boosted by hopes of increased Chinese demand as well … Continue reading
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 10:00 Consumer Confidence 10:00 Richmond Fed Mfg. 12:30 PM Fed’s Daly Speech 1:00 PM Results of $40B, 7-Year … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Durable Goods 10:00 Pending Home Sales 10:30 Dallas Fed Manufacturing Survey 11:30 Results of $46B, 2-Year FRN Auction 1:00 PM Results of $47B, 5-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 2 … Continue reading
Markets Economic Calendar 10:00 New Home Sales 10:00 Consumer Sentiment 1:00 PM Baker-Hughes Rig Count 4:00 PM Fed’s Daly Speech 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 establishing an early … Continue reading