Markets Hey, Oh, Jackson Hole! The bookies are cuing up the spreads for Jackson Hole, and investors are taking note. The annual economic symposium has increased importance this year given the current macro-driven market, as well as the cohesive swings … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Durable Goods 10:00 Pending Home Sales 11:00 Survey of Business Uncertainty 1:00 PM Results of $45B, 5-Year Note Auction https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link 10:30 EIA Petroleum Inventories U.S. crude inventories fell by 5.63 million barrels for the week … Continue reading
Markets Economic Calendar 9:45 PMI Composite Flash 10:00 New Home Sales 10:00 Richmond Fed Mfg. 1:00 PM Results of $44B, 2-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 Prior Session was Cycle Day 1 (CD1): Normal CD1 as … Continue reading
Markets What’s next? The end of a four-week winning streak is flustering some market participants as stock index futures remain in the red this morning (see movement below). While the S&P 500 has climbed 15% since its low at the beginning of … Continue reading
Markets Economic Calendar 10:00 E-Commerce Retail Sales 10:00 Quarterly Services Report 1:00 PM Baker-Hughes Rig Count ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): This day was a “normal” CD2 session as price consolidated within range parameters … Continue reading
Markets 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 1:20 PM Fed’s George Speech 1:45 PM Fed’s Kashkari Speech 4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 … Continue reading
Markets 50 or 75? It’s hard to find a week where the Fed won’t steal the spotlight. Later today, the markets will get a more detailed view of what was discussed at the Federal Reserve’s July 26-27 meeting, when the … Continue reading
Markets Economic Calendar 8:30 Housing Starts and Permits 9:15 Industrial Production ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): As expected for CD2, bullish consolidation unfolded early, holding above Open Range High. Once P-High was cleared, … Continue reading
Markets Economic Calendar 8:30 Empire State Mfg Survey 10:00 NAHB Housing Market Index 10:50 Fed’s Waller Speech 4:00 PM Treasury International Capital https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Gap open left little doubt who was … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Import/Export Prices 10:00 Consumer Sentiment 1:00 PM Baker-Hughes Rig Count https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): Market’s early reversed lower once CD3 Penetration Level was fulfilled. as bulls could … Continue reading