Markets (Top Stories) Fed policymakers will conclude their May policy meeting today with an assessment on whether they’ve done enough to cool down the hottest inflation seen in 40 years. Market participants are betting that the Federal Open Market Committee … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets (Top Stories) Source: http://seekingalpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal CD1 as price declined establishing new cycle low at 4178.50. Prior range was 27 handles on 1.195M contracts exchanged. …Transition from Cycle Day 1 … Continue reading
Markets (Top Stories) Source: Investing.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Markets closed out April in spectacular fashion by rallying to close on highs. Prior range was 62 handles on 1.687M contracts exchanged. …Transition from … Continue reading
Markets (Top Stories) Is it here yet? Recession talk is all the rage, but the U.S. economy managed to eke out another gain in Q1, with GDP growth expanding by an annualized rate of 1.1%. That severely missed estimates of 2.0% … Continue reading
Markets (Top Stories) Source: http://seekingalpha.com Economic Calendar 8:30 GDP Q1 8:30 Initial Jobless Claims 10:00 Pending Home Sales 10:30 EIA Natural Gas Inventory 11:00 Kansas City Fed Mfg Survey 1:00 PM Results of $35B, 7-Year Note Auction 4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar 8:30 Durable Goods 8:30 International Trade in Goods (Advance) 8:30 Retail Inventories (Advance) 8:30 Wholesale Inventories (Advance) 10:00 State Street Investor Confidence Index 11:00 Survey of Business Uncertainty 11:30 Results of $24B, 2-Year FRN Auction 1:00 PM Results of $43B, 5-Year Note … Continue reading
Markets (Top Stories) Big Week, Big Tech Prepare for some volatility as investors head into the heart of earnings season, with Big Tech stepping up to the plate this afternoon. Alphabet (GOOG, GOOGL) and Microsoft (MSFT) are first in the batting … Continue reading
Markets (Top Stories) Economic Calendar 8:30 Chicago Fed National Activity Index 10:30 Dallas Fed Manufacturing Survey https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Price established an early low at 4135.25 ending the week with OPEX Prior range was 25 handles … Continue reading
Markets (Top Stories) Economic Calendar 9:45 PMI Composite Flash 1:00 PM Baker-Hughes Rig Count https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Markets declined below their CD1 Low overnight. Since markets opened the day session below their CD1 Low we knew … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Philly Fed Business Outlook 10:00 Existing Home Sales 10:00 Leading Indicators 10:30 EIA Natural Gas Inventory https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Gap down into support zone (4155 – 4150) quickly … Continue reading