Markets 4.5% within sight Longer rates are heading even higher this morning, with the 10-year Treasury yield up 6 basis points to 4.29% in early trading. It follows a major milestone in the previous session, when the 10-year closed at … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Philly Fed Business Outlook 10:00 Existing Home Sales 10:00 Leading Indicators 10:30 EIA Natural Gas Inventory 12:00 PM Fed’s Harker Speech 2:05 PM Fed’s Bowman Speech 4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Housing Starts and Permits 1:00 PM Fed’s Kashkari Speech 1:00 PM Results of $12B, 20-Year Bond Auction 2:00 PM Fed’s Beige Book 6:30 PM Fed’s Evans Speech https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link Crude price action Oil sales from … Continue reading
Markets Hear ye, earnings! Volatility is the name of the game these days as investors try to size up the economic outlook and what it might mean for their portfolios. It hasn’t been easy forecasting where things might go from … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Empire State Mfg Survey 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 as price declined, established a new cycle low at 3591.25. Prior range was 142.50 handles … Continue reading
Markets Mr. Market’s Wild Ride Tale of the tape: S&P futures peaked +1.57% ahead of the CPI release, bottomed out -2.4% and the S&P 500 closed +2.6% with a roundtrip intraday range of 5.52%, according to Deutsche Bank. The Dow rallied +1,400 points from its low. … Continue reading
Engaging the core (CPI) Inflation is the focus for Wall Street and the global markets, with only an extremely tame rise in consumer prices likely to give Fed members cause to rethink rate trajectory. Core CPI is expected to revisit the … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Producer Price Index 10:00 Fed’s Kashkari Speech 10:00 Atlanta Fed’s Business Inflation Expectations 1:00 PM Results of $32B, 10-Year Note Auction 1:45 PM Fed’s Barr Speech 2:00 PM FOMC Minutes https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 ***Written Tuesday … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 11:30 Fed’s Harker: Economic Outlook 12:00 PM Fed’s Mester Speech 1:00 PM Results of $40B, 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): Failed 3-Day Cycle as price could … Continue reading
Markets Economic Calendar 9:00 Fed’s Evans Speech 12:30 PM Investor Movement Index ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): Risk-Off Friday was the end of week theme as prices closed near their respective lows. Range … Continue reading