Markets Rebound mode? A market comeback on Thursday helped the major averages break a three-day losing streak, while U.S. stock index futures tacked on another 0.3% overnight. Source: SeekingAlpha.com Economic Calendar 9:45 PMI Composite Flash 10:00 Existing Home Sales 1:00 PM Baker-Hughes Rig Count https://www.investing.com/economic-calendar/ ***New: PTG … Continue reading
Markets Another day of losses The selloff in high-flying assets (like growth stocks and crypto) continues to extend to the broader market, with U.S. stock index futures falling overnight by 0.6%. While the major averages pared big early session losses on … Continue reading
Markets Futures movement overnight suggests another down day for the U.S. stock market as inflation fears continue to weigh on sentiment and prompt investors to cut exposure to riskier assets. At the time of writing, contracts linked to the Nasdaq … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Housing Starts 8:55 Redbook Chain Store Sales 10:00 E-Commerce Retail 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 retreated from Friday’s rally to consolidate recent gains. Support was found … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Empire State Mfg Survey 10:00 NAHB Housing Market Index 10:00 Fed’s Bostic: Economic Outlook 10:05 Fed’s Clarida Speech 12:30 PM Fed’s Bostic Speech 6:00 PM Fed’s Kaplan Speech https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day … Continue reading
Markets Turning around? Equities are getting some of their momentum back at the end of a choppy week that saw a jump in inflation rattle the markets. All three major averages snapped three-day losing streaks by closing solidly in the … Continue reading
Markets Wall Street selloff While traders have been quick to dump growth stocks as inflation fears spring up in the economy, the concerns are now spreading to the broader market. Should the price pressures run too hot for a sustained … Continue reading
Markets Volatility is still reigning high in the markets, with Wall Street’s best fear gauge, known as the VIX, hitting levels yesterday that haven’t been seen in two months. The index traded as high as 23.73 intraday, as concerns about inflation … Continue reading
Markets Look out below A flurry of inflation jitters clobbered tech stocks on Monday as the Nasdaq dropped 2.4% for its worst day since March. The yield on the 10-year Treasury note also rose 3 bps to 1.6% – hitting growth names … Continue reading
Markets Digesting the jobs report The new week is starting with some familiar investing trends as cyclicals look poised to notch modest gains this morning with tech on the back foot. Dow futures are ahead by 0.3%, while contracts linked to … Continue reading