Markets Futures hug the flatline Wall Street almost netted another hat trick on Tuesday, with the Dow and Nasdaq scoring new records, though the S&P 500 fell back slightly. Futures are now holding steady, consolidating gains made over the last … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets More highs are in store for the three major U.S. stock indexes as reports suggest the Trump administration is weighing whether to drop existing tariffs on $112B of Chinese imports (which were introduced at a 15% rate on Sept. 1). … Continue reading
Markets Equities rose across the globe overnight, with Hang Seng climbing 1.7% to lead gains in Asia, the Europe Stoxx 50 up by 1% and DJIA futures pointing to another 100-point advance at the open. A surprise jobs number on Friday saw American employers add 128K … Continue reading
Markets Futures fall back Up for most of the night after the Fed cut rates for the third time this year – and indicated the possibility of a pause in the easing cycle – U.S. stock index futures are turning … Continue reading
Markets Monetary policy will be front and center for investors today, and futures are trading sideways – after failing to make any major moves on Tuesday – before the big Fed decision. While divisions remain on the FOMC about the need … Continue reading
Markets There wasn’t much movement for U.S. stock index futures overnight as traders held their breath after pushing the S&P 500 index to a closing high of 3,039.42 on Monday. The rise was propelled by expectations of a third consecutive rate … Continue reading
Markets The financial markets have priced in a 50 basis-point rate cut by the Federal Reserve at this week’s FOMC meeting, possibly the third in the last three meetings. Opinions vary on the effectiveness of the cuts since rates are already … Continue reading
Markets In Asia, Japan +0.22%. Hong Kong -0.49%. China +0.48%. India +0.01%.In Europe, at midday, London -0.52%. Paris -0.05%. Frankfurt -0.22%.Futures at 6:20, Dow +0.01%. S&P +0.07%. Nasdaq +0.12%. Crude -0.20% to $56.12. Gold +0.20% to $1,507.70. Bitcoin +0.20% to $7,490.Ten-year Treasury Yield +1 bps to 1.775%. Source: Seeking Alpha https://seekingalpha.com/ Economic Calendar 10:00Consumer Sentiment1:00 PMBaker-Hughes Rig Count2:00 … Continue reading
Markets U.S. stock futures are pointing slightly higher ahead of another busy day of earnings reports. Amazon (NASDAQ:AMZN), Twitter (NYSE:TWTR), Intel (NASDAQ:INTC), Visa (NYSE:V) and Comcast (NASDAQ:CMCSA) are among the notable companies stepping up to the plate. In Asia, Japan +0.55%. … Continue reading
Markets In Asia, Japan +0.3%. Hong Kong -0.8%. China -0.4%. India +0.1%.In Europe, at midday, London +0.4%. Paris -0.4%. Frankfurt flat.Futures at 6:20, Dow flat. S&P flat. Nasdaq flat. Crude -1.1% to $53.90. Gold +0.7% to $1497.40. Bitcoin -3.3% to $7996.Ten-year Treasury Yield -3 bps to 1.74% Source: Seeking Alpha https://seekingalpha.com Economic Calendar 7:00MBA … Continue reading