Today’s Economic Calendar 8:30 Housing Starts 8:55 Redbook Chain Store Sales Trading Textbook Three-Day Cycle unfolding as price tested CD1 Low on CD2, then rallied to reach Average Cycle Target (2096.00) in prior session. In overnight trade price has continued … Continue reading
Economy Today’s Economic Calendar 8:30 Empire State Mfg Survey 10:00 NAHB Housing Market Index 10:00 E-Commerce Retail Sales 4:00 PM Treasury International Capital Trading Last Friday’s trade action was NORMAL SPILL DOWN for Cycle Day 1 (CD1) as price successfully … Continue reading
Economy Today’s Economic Calendar 8:30 Producer Price Index 9:15 Industrial Production 10:00 Reuters/UofM Consumer Sentiment Trading S&P e-mini (ES) followed expected script fairly well yesterday as it was NEUTRAL SPILL with consolidation and slight downward lean as prior Cycle Target … Continue reading
Economy Investors this morning will be eyeing a slew of U.S. economic data, including retail sales, which are projected to show a healthy rebound after an unexpected decline in June. Strength in July’s report will likely center around motor vehicles, … Continue reading
Economy World stocks, Asian currencies, commodities and government bond yields are all heading south after China allowed the yuan to fall sharply for a second day, triggering concerns over the country’s economic health. China set today’s yuan daily midpoint reference … Continue reading
Economy After a run of poor economic data, including weak trade figures, China’s central bank surprisingly devalued its tightly controlled currency today to help jump-start its stalling economy. The PBOC set Tuesday’s midpoint at 6.2298 per dollar, compared with 6.1162 … Continue reading
Economy Today’s Economic Calendar 10:00 Labor market condition index 12:30 PM TD Ameritrade IMX Trading In prior DTS Report 08.07.15 we wrote: “Scenario 2: Violation of PL (2070.00) opens door for continued sell down targeting 2064.25″. The actual LOD was … Continue reading
Economy All eyes on Wall Street will be on this morning’s U.S. non-farm payrolls report, which will be the first of two releases ahead of the Fed’s highly anticipated September policy decision. Most economists expect employers to have added more … Continue reading
Economy Today’s Economic Calendar Chain Store Sales 7:30 Challenger Job-Cut Report 8:30 Initial Jobless Claims 8:30 Gallup US Payroll to Population 9:45 Bloomberg Consumer Comfort Index 10:30 EIA Natural Gas Inventory 4:30 Money Supply 4:30 Fed Balance Sheet Trading Price … Continue reading
Economy Today’s Economic Calender 7:00 MBA Mortgage Applications 8:15 ADP Jobs Report 8:30 International Trade 8:30 Gallup U.S. Job Creation Index 8:30 Treasury Refunding Quarterly Announcement 9:45 PMI Services Index 10:00 ISM Non-Manufacturing Index 10:30 EIA Petroleum Inventories Global bond … Continue reading