Markets Source: SeekingAlpha.com Economic Calendar The biggest news for investors this morning will be the non-farm payrolls report for September, which will shed light on the economic recovery and much more. The U.S. only added a mere 235K jobs in August … Continue reading
Markets As it looked like the U.S. was moving closer to a default on Wednesday, all 11 sectors of the S&P 500 were flashing red. However, as soon as top Senate Republicans proposed the short-term debt limit extension, the major … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:15 ADP Jobs Report 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 Print” publication. Tuesday’s Session was Cycle Day 2 (CD2): ES … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Goods and Services Trade 8:55 Redbook Chain Store Sales 9:45 PMI Composite Final 10:00 ISM Service Index 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 price declined early … Continue reading
Markets Market on edge Get ready for a volatile October… The month, traditionally known for its ups and downs, didn’t disappoint traders overnight. S&P 500 futures opened the session solidly in the green on Sunday evening, only to fall 0.7%, before … Continue reading
Markets The S&P 500 finished the month off 4.8%, while the Dow and the Nasdaq slipped 4.3% and 5.4%, respectively. The losses – triggered by fears of inflation, slowing growth and rising interest rates – even led the S&P 500 to notch its worst … Continue reading
Markets Continuing some strength seen in the previous session, U.S. stock index futures all climbed another 0.14% overnight following a major selloff seen earlier in the week. The Dow and S&P 500 finished Wednesday up 0.2%, while tech stocks and … Continue reading
Markets U.S. stock futures turned higher overnight – Dow +0.6%, S&P 500 +0.8%, Nasdaq +1% – following heavy losses seen on Wall Street in the previous session. A spike in bond yields sent equities plunging, with the Nasdaq closing down nearly 3% for its worst day … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 International Trade in Goods (Advance) 8:30 Retail Inventories (Advance) 8:30 Wholesale Inventories (Advance) 8:55 Redbook Chain Store Sales 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. 1:00 PM Results of $62B, 7-Year Note … Continue reading
Markets The S&P 500 (SP500) snapped a two-week losing streak last week. And while Treasury yields have been rising, that’s been more to do with the response to global central banks looking to remove accommodation. The deadline in the debt ceiling … Continue reading