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
Markets Source: SeekingAlpha.com Economic Calendar 9:00 Fed’s Clarida Speech 10:00 Fed’s Montgomery Speech 10:30 Jerome Powell Speech 12:00 PM Fed’s Harker: Economic Outlook 12:30 PM Investor Movement Index 1:00 PM Results of $56B, 3-Year Note Auction 1:50 PM Fed’s Evan Speech https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar Snapshot: Consensus estimates call for 450K jobs added in October, though September’s report totaled 194K additional jobs, far short of a forecast of 500K. The unemployment rate is expected to tick down to 4.7% from 4.8%, while … Continue reading
Markets Powell’s patience Stocks are continuing their march higher following a predicted move by the Fed to wind down its pandemic-era bond purchases. The central bank will cut its monthly Treasury purchases by $10B and mortgage-backed securities by $5B, bringing … Continue reading
Markets Taper is near The Federal Reserve will conclude its latest two-day meeting this afternoon and the stakes couldn’t be higher. The central intends to end its pandemic-era bond purchases, a process known as “tapering,” by stepping away from a … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar FOMC meeting begins Auto Sales 8:55 Redbook Chain Store Sales 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 failed to expand higher and stalled at 4619 handle. Being a … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 9:45 PMI Manufacturing Index 10:00 ISM Manufacturing Index 10:00 Construction Spending https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): This index continued its upward trek to new all-time highs capping a strong … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Personal Income and Outlays 8:30 Employment Cost Index 9:45 Chicago PMI 10:00 Consumer Sentiment 1:00 PM Baker-Hughes Rig Count 3:00 PM Farm Prices https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Cycle low was … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 GDP Q3 10:00 Pending Home Sales 10:30 EIA Natural Gas Inventory 11:00 Kansas City Fed Mfg Survey 1:00 PM Results of $62B, 7-Year Note Auction 4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Durable Goods 8:30 International Trade in Goods (Advance) 8:30 Retail Inventories (Advance) 8:30 Wholesale Inventories (Advance) 10:00 State Street Investor Confidence Index 11:00 Survey of Business Uncertainty 11:30 Results of $28B, 2-Year FRN Auction 1:00 PM Results of $61B, 5-Year Note Auction … Continue reading