Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar 1:00 PM Results of $12B, 20-Year Bond Auction 2:00 PM Fed’s Beige Book 7:00 PM Fed’s Williams Speech https://www.investing.com/economic-calendar/ 10:30 EIA Petroleum Inventories S&P 500 ***Written Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening Print” publication. Prior Session … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets (Top Stories) Earnings watch Snapshot: Earnings for S&P 500 companies are expected to have declined 4.8% Y/Y in the first quarter, according to data from Refinitiv, marking the second consecutive drop in year-over-year earnings growth. While that would translate into … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar 8:30 Empire State Mfg Survey 10:00 NAHB Housing Market Index 12:00 Fed’s Barkin Speech 4:00 PM Treasury International Capital https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Early strength which fulfilled 3-Day Cycle Target (4186) faded quickly … Continue reading
Markets (Top Stories) Economic Calendar 8:30 Retail Sales 8:30 Import/Export Prices 8:45 Fed’s Waller Speech 9:15 Industrial Production 10:00 Business Inventories 10:00 Consumer Sentiment 1:00 PM Baker-Hughes Rig Count https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Price established an early low, and when this occurs, … Continue reading
Markets (Top Stories) Economic Calendar 8:30 Initial Jobless Claims 8:30 Producer Price Index 10:30 EIA Natural Gas Inventory 4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Positive 3-Day Cycle was fulfilled as an Outside Reversal Day unfolded in … Continue reading
Markets (Top Stories) The closely-watched Consumer Price Index is seen easing further in March, but not nearly enough to meet the Federal Reserve’s price stability mandate. The inflation data due later today will offer a signal as to whether the Fed … Continue reading
Markets (Top Stories) Economic Calendar 1:00 PM Results of $40B, 3-Year Note Auction https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Cycle Low was established at 4098.75 early in the session and as such, rally began closing nears highs of … Continue reading
Markets (Top Stories) Economic Calendar 10:00 Wholesale Inventories (Preliminary) 12:30 PM Investor Movement Index https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Short holiday trade ended with a Positive 3-Day Cycle. Prior range was 38 handles on 1.259M contracts exchanged. …Transition … Continue reading
Markets (Top Stories) Spotlight on jobs The U.S. labor market appears to be easing, according to latest jobs data, but investors are awaiting the payrolls report to be released tomorrow for further proof that the Federal Reserve could end its rate-hiking cycle. … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar 8:15 ADP Jobs Report 8:30 Goods and Services Trade 9:45 PMI Composite Final 10:00 ISM Service Index https://www.investing.com/economic-calendar/ 10:30 EIA Petroleum Inventories S&P 500 ***Written Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening Print” publication. Prior Session was Cycle … Continue reading