Markets Source: SeekingAlpha.com Economic Calendar 8:30 Goods and Services Trade 8:30 Productivity and Costs 8:55 Redbook Chain Store Sales 1:00 PM Results of $54B, 3-Year Note Auction 3:00 PM Consumer Credit https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar No significant events scheduled Source: SeekingAlpha.com 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 weakness from the opening range continued throughout this session, declining to projected CD1 Low (4498), … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar Economists are looking for gain of 550K nonfarm payrolls for November, right near what ADP reported for private sector jobs. That would be more evidence of the substantial progress on the labor front that the Fed … Continue reading
Markets The first Omicron case identified in the United States kicked selling into high gear on Wall Street yesterday. Stocks began the previous session sharply higher, but started to lose gains once Federal Reserve Chairman Jerome Powell reiterated that a … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:15 ADP Jobs Report 9:45 PMI Manufacturing Index 10:00 ISM Manufacturing Index 10:00 Construction Spending 10:00 Powell testifies before the committee on financial services 2:00 PM Fed’s Beige Book https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link 10:30 EIA Petroleum Inventories S&P 500 … Continue reading
Markets Following a brief rebound on Monday, Dow futures fell over 500 points overnight, while contracts linked to the S&P 500 and Nasdaq slipped 1.1% and 0.5%, respectively. WTI crude oil (CO1:COM) is also off 3.6% to $67.42/bbl, while the 10-year Treasury yield fell 10 bps to … Continue reading
Markets Futures for the three major U.S. stock averages rose overnight as investors considered the potential effects of the Omicron variant. Stocks previously sold off on Friday, with Wall Street suffering its worst day in more than a year, in … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Durable Goods 8:30 GDP Q3 8:30 International Trade in Goods (Advance) 8:30 Initial Jobless Claims 8:30 Corporate profits 8:30 Retail Inventories (Advance) 8:30 Wholesale Inventories (Advance) 10:00 New Home Sales 10:00 Personal Income and Outlays 10:00 Consumer Sentiment 10:00 State Street Investor Confidence Index 11:00 Survey of … Continue reading
Markets Powell stays on Treasuries yields and the dollar spiked, gold sold off and stocks rose and fell towards the end of the session on Monday after Jerome Powell was nominated for another four-year term at the Federal Reserve. The … Continue reading