Markets Holiday-shortened week If history is any guide: “The entire week of Thanksgiving has averaged a 60 basis point, or 0.60 percentage point, advance for the S&P 500, with the best returns coming on Wednesday and Black Friday. The week … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 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 CD1 unfolded as decline pushed price lower fulfilling the average decline objective (4672) as outlined in … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 10:00 E-Commerce Retail Sales 10:00 Leading Indicators 10:30 EIA Natural Gas Inventory 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): We had marked this day as a “wild-card”. … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Housing Starts and Permits 1:00 PM Results of $23B, 20-Year Bond Auction https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link 10:30 EIA Petroleum Inventories S&P 500 ***Written 8 pm Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar Outlook: The October retail sales report will be one of the earliest clues about the readings for fourth-quarter gross domestic product after the figure dwindled to a 2% pace in Q3. 8:30 Retail Sales 8:30 Import/Export Prices 8:55 Redbook Chain … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Empire State Mfg Survey 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): Markets rebounded last week to finish strong with a Positive 3-Day Cycle. Range was 40 handles … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 10:00 Consumer Sentiment 10:00 Job Openings and Labor Turnover Survey 12:10 PM Fed’s Williams 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 2 (CD2): Markets paused yesterday as normal … Continue reading
On Veterans Day, Polaris Trading Group expresses appreciation to all U.S. military personnel for the sacrifices you have made for our freedom. Thank you for your service. May God Bless You. Markets Source: SeekingAlpha.com Economic Calendar No events scheduled due … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar Sizzling inflation Get ready for some early action this morning as the consumer price index for October is published at 8:30 a.m. ET. The figure is expected to come in flaming once again, rising 5.8% Y/Y, … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Producer Price Index 8:55 Redbook Chain Store Sales 9:00 Jerome Powell Speech 1:00 PM Results of $39B, 10-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 (CD2): Markets paused yesterday as … Continue reading