Markets The major averages notched further record highs last week, before taking a day off this morning. At the time of writing, stock index futures are down 0.3% Economic Calendar 8:30 Empire State Mfg Survey 4:00 PM Treasury International Capital ***New: PTG Trading … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Import/Export Prices 10:00 Consumer Sentiment 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 3 (CD3): Price fulfilled 3 Day Cycle Statistic as well as Cycle Objective. Range and … Continue reading
Inflation conundrum Inflation data is rivaling nonfarm payrolls in terms of market enthusiasm lately as Wall Street tries to gauge when the Federal Reserve will make its move to curb asset purchases. The debate over transitory vs. persistent will continue … 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 $41B, 10-Year Note Auction 2:00 PM Treasury Budget 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 … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Productivity and Costs 8:55 Redbook Chain Store Sales 1:00 PM Results of $58B, 3-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 fulfilled 3 Day Cycle Statistic as … Continue reading
Dog Days of Summer The period from July 3rd to August 11th is referred to as the Dog Days of Summer. Where did the term come from? And what does it have to do with dogs? We explain. Source: SeekingAlpha.com Economic Calendar … Continue reading
Markets Economic Calendar The July employment report arrives today at 8:30 a.m. ET, with economists, on average, looking for nonfarm payrolls to rise by 870K, compared with 850K in June. The jobless rate is seen dropping to 5.7% from 5.9%. … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Goods and Services Trade 10:00 Fed’s Waller: “Central Bank Digital Currency” 10:30 EIA Natural Gas Inventory 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 3 (CD3): … Continue reading
Markets Analysts now expect earnings for S&P 500 (SP500) (NYSEARCA:SPY) companies to be up 90%, up from 65.4% at the start of July. Source: SeekingAlpha.com Economic Calendar 8:15 ADP Jobs Report 9:45 PMI Composite Final 10:00 ISM Service Index https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s … Continue reading
Markets Dow and S&P 500 futures are ahead by 0.4%, while contracts linked to the Nasdaq pointed 0.2% higher. Economic Calendar 8:55 Redbook Chain Store Sales 10:00 Factory Orders 2:00 PM Fed’s Bowman Speech ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior … Continue reading