Trade Strategy 5.26.21

Markets Markets struggled to find direction yesterday, with stocks jumping earlier in the session, but closing just below the flatline. “Low volatility, flat equities, declining U.S. Treasury yields, and low trading volumes. Source: SeekingAlpha.com Economic Calendar 10:00 State Street Investor Confidence Index … Continue reading

Trade Strategy 5.21.21

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

Trade Strategy 5.18.21

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

Trade Strategy 5.17.21

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