Trade Strategy 10.6.20

Markets Source: SeekingAlpha.com Economic Calendar 8:30 Goods and Services Trade8:55 Redbook Chain Store Sales10:00 Job Openings and Labor Turnover Survey10:40 Powell: “Global Reset? Economics, Business and Policy in the Pandemic”12:00 PM Fed’s Harker: “Machine Learning”1:00 PM Results of $52B, 3-Year Note Auction https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat … Continue reading

Trade Strategy 10.5.20

Markets Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 9:45 PMI Composite Final10:00 ISM Non-Manufacturing Index12:30 PM TD Ameritrade IMX Source: https://www.investing.com/economic-calendar/ S&P 500 (ES) Prior Session was Cycle Day 3 (CD3): Positive Cycle Statistic had been fulfilled early in this cycle with the rally reaching price … Continue reading

Trade Strategy 10.2.20

Markets Trump tests positive for COVID-19Stock index futures are down sharply, sliding around 2% overnight, after President Donald Trump tweeted he and First Lady Melania Trump have begun to quarantine after testing positive for the coronavirus. Source: SeekingAlpha.com Economic Calendar Final jobs report … Continue reading

Trade Strategy 9.30.20

Markets S&P 500 futures fell 1% overnight as investors braced for heightened volatility in November and December. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 GDP Q28:30 Corporate profits9:30 Fed’s Kashkari: “Covid and the Economy”9:45 Chicago PMI10:00 Pending Home Sales10:00 State Street Investor Confidence Index10:30 EIA Petroleum Inventories Source: https://www.investing.com/economic-calendar/ S&P … Continue reading

Trade Strategy 9.25.20

Markets Last session of rollercoaster week Closing higher yesterday after a wobbly session, U.S. equity futures dropped nearly 1% overnight, with the S&P 500 on course for a fourth consecutive week of losses. Source: Seeking Alpha https://seekingalpha.com/ Source: https://www.investing.com/indices/indices-cfds Economic Calendar 8:30 Durable Goods9:00 Fed’s Williams … Continue reading

Trade Strategy 9.24.20

Markets Volatile moves Market volatility is not going away as Wall Street experienced more whiplash on Wednesday, with stocks closing broadly lower and futures pointing lower overnight.  Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims8:50 Fed’s Kaplan Speech10:00 New Home Sales10:00 Powell Testifies Before the … Continue reading