Markets A rally that propelled markets over the past few days took a breather on Tuesday, but with only three sessions left in 2021, stocks are still poised to close out a strong year. The S&P 500 (SP500) is up 27.4% YTD, … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:55 Redbook Chain Store Sales 9:00 S&P CoreLogic Case-Shiller Home Price Index 9:00 FHFA House Price Index 10:00 Richmond Fed Mfg. 1:00 PM Results of $61B, 5-Year Note Auction 1:00 PM Money Supply https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 … Continue reading
Markets Is Santa in the house? With momentum building before the holidays and the S&P 500 recording its 68th record close of 2021, traders are keeping their eyes on the chimney to see if the so-called Santa Claus rally will … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Durable Goods 8:30 Personal Income and Outlays 10:00 New Home Sales 10:00 Consumer Sentiment 10:30 EIA Natural Gas Inventory 1:00 PM Baker-Hughes Rig Count 4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 GDP Q3 8:30 Chicago Fed National Activity Index 8:30 Corporate profits 10:00 Consumer Confidence 10:00 Existing Home Sales https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link 10:30 EIA Petroleum Inventories S&P 500 ***Written Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Current Account 8:55 Redbook Chain Store Sales 1:00 PM Results of $200B, 20-Year Bond 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): Normal CD2 consolidation/balance unfolded throughout the session. Range … Continue reading
Markets Risk-off sentiment is taking the upper hand this morning as Omicron headlines fill up trading screens across the globe. The selloff began during the session in Asia, where the Hang Seng Index fell 2%, and then extended to Europe, where … Continue reading
Markets Cue the volatility Following a rally after Wednesday’s Fed meeting and the following morning, Wall Street indices turned south about an hour into the session on Thursday and continued to descend into the close. Source: SeekingAlpha.com Economic Calendar 1:00 PM Baker-Hughes … Continue reading
Markets Stock index futures are on the march higher this morning following the best Fed Day session in over a year. The S&P 500 rose 1.6% on Wednesday, erasing losses from the previous two sessions, and ended two points away from an … Continue reading
Markets U.S. stock index futures wavered between gains and losses overnight as investors looked for direction ahead of the Federal Reserve’s latest policy meeting. Source: SeekingAlpha.com Economic Calendar 8:30 Retail Sales 8:30 Empire State Mfg Survey 8:30 Import/Export Prices 10:00 Business Inventories 10:00 NAHB Housing Market … Continue reading