Markets Investors this morning are set to get a better take on whether inflation is here to stay, or if price pressures could threaten the market rally, with major averages hovering near record highs. U.S. stock index futures were mixed … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets Major averages closed near the flatline on Tuesday as stocks remained range bound near record highs. Not much changed overnight, with Dow and S&P 500 futures holding steady and contracts linked to the Nasdaq inching up 0.1%. Source: SeekingAlpha.com Economic Calendar … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Goods and Services Trade 8:55 Redbook Chain Store Sales 10:00 Job Openings and Labor Turnover Survey 1:00 PM Results of $58B, 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): … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 12:30 PM Investor Movement Index 3:00 PM Consumer Credit https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): 3 Day Cycle Objective (4227) was fulfilled during this CD2 Session as “trend-up” was … Continue reading
Markets U.S. stock futures inched between slight gains and losses overnight after the major averages trended down in Thursday’s session Source: SeekingAlpha.com Economic Calendar Today’s monthly jobs report will provide more clarity on the current economic landscape, with the prior two … Continue reading
Markets U.S. stock futures inched lower overnight, falling 0.3% in another languid session. Source: SeekingAlpha.com Economic Calendar 8:15 ADP Jobs Report 8:30 Initial Jobless Claims 8:30 Productivity and Costs 9:45 PMI Composite Final 10:00 ISM Services Index 10:30 EIA Natural Gas Inventory 11:00 EIA Petroleum Inventories https://www.investing.com/economic-calendar/ ***New: PTG Trading Room … Continue reading
Markets Looking for direction U.S. stock futures were muted again overnight following a flat session for Wall Street on Tuesday. The “sit tight” mentality is being reflected in the broader market as traders continue to ponder inflation risks, rebounding consumer … Continue reading
Markets Traders are returning from Memorial Day with renewed optimism as stock index futures point higher following the holiday weekend. Dow futures are up 0.5%, while contracts linked to the S&P 500 and Nasdaq ahead by 0.4%. Source: SeekingAlpha.com Economic Calendar 9:45 PMI Manufacturing … Continue reading
Markets The stock market continued to tick higher on Thursday, and the gains held overnight, as the number of weekly jobless claims came in lower than expected. The U.S. Labor Department said there were 406,000 initial jobless claims last week, … Continue reading