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Markets Is a Santa rally in the works? While stock traders will get some time off for Christmas Eve, with the market closing early at 1 p.m. ET, futures are pointing to slight gains for those sticking around in the … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Durable Goods8:30 Initial Jobless Claims8:30 Personal Income and Outlays9:00 FHFA House Price Index10:00 New Home Sales10:00 Consumer Sentiment11:30 Results of $24B, 2-Year FRN Auction12:00 PM EIA Natural Gas Inventory 10:30 EIA Petroleum Inventories https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 ***Written 8 … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 GDP Q38:30 Corporate profits8:55 Redbook Chain Store Sales10:00 Consumer Confidence10:00 Existing Home Sales10:00 Richmond Fed Mfg. https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): Sharp decline during Globex session reversed during RTH session creating … Continue reading
Markets Mutant strain dents stimulus optimism Traders are nervously watching a new COVID-19 mutation in the U.K., which has resulted in a tough lockdown in London and southeast England, and led a number of countries to block travel from Britain. … Continue reading
Markets Record highs U.S. stock index futures are holding their breath after coming off a record-setting session on Thursday, which saw all three of the major averages close at new highs. Source: SeekingAlpha.com Economic Calendar 8:30 Current Account10:00 Leading Indicators11:10 Fed’s Evans Speech11:10 Fed’s Brainard … Continue reading
Markets U.S. futures advance with stimulus hopes Nasdaq futures gain 0.5%, S&P futures rise 0.2%, and Dow futures move up 0.5%. The Stoxx Europe 600 rises 0.4% Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims8:30 Housing Starts8:30 Philly Fed Business Outlook10:30 EIA Natural Gas Inventory11:00 Kansas City Fed Mfg Survey4:30 … Continue reading
Markets Futures extend gains Signs of progress toward a coronavirus stimulus package lifted sentiment on Tuesday, allowing the S&P 500 to shake off a four-day losing streak, while futures suggested the rally could continue after advancing another 0.3% overnight. Source: SeekingAlpha.com Economic Calendar … Continue reading
Markets U.S. futures are pressing higher pre-RTH, with the Dow and S&P 500 advancing 0.76% and Nasdaq up 0.56% Source: SeekingAlpha.com Economic Calendar FOMC meeting begins8:30 Empire State Mfg Survey8:30 Import/Export Prices8:55 Redbook Chain Store Sales9:15 Industrial Production4:00 PM Treasury International Capital https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link … Continue reading
Markets Futures point to another vaccine rally Hopes for a continuing economic recovery saw cyclicals lead the advance for futures overnight as the U.S. gears up for a historic vaccine rollout. Dow +0.8%; S&P 500 +0.6%; Nasdaq +0.4%. Source: SeekingAlpha.com Economic Calendar No events … Continue reading
Markets Futures fall back U.S. stock index futures have turned around over the last few hours, pointing to a 1% decline at the open, as sentiment followed European equities into the red amid talks about a disruptive Brexit. Source: SeekingAlpha.com Economic Calendar 8:30 Producer … Continue reading