Trade Strategy 2.23.23

Markets How slow can you go? That was the question at last month’s FOMC meeting, with monetary policymakers debating how much tightening would be needed to rein in inflation without shocking the economy. The minutes showed that “almost all” officials agreed … Continue reading

Trade Strategy 2.22.23

Markets Stock index futures were little changed overnight after the S&P 500 (SP500) tumbled 2% on Tuesday to mark its largest down day since the December FOMC meeting (and erasing all of its gains for February). “All eyes will be on the release … Continue reading

Trade Strategy 2.21.23

Markets Source: SeekingAlpha.com Economic Calendar 9:45 PMI Composite Flash 10:00 Existing Home Sales 1:00 PM Results of $42B, 2-Year Note Auction https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Prior week ended with sellers in control as options expiration and trader sentiment have … Continue reading

Trade Strategy 2.17.23

Markets Source: SeekingAlpha.com Economic Calendar 8:30 Fed’s Barkin Speech 8:30 Import/Export Prices 8:45 Fed’s Bowman Speech 10:00 E-Commerce Retail Sales 10:00 Leading Indicators 10:00 Quarterly Services Report 1:00 PM Baker-Hughes Rig Count https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal for CD1 as price declined and … Continue reading

Trade Strategy 2.16.23

Markets Economic Calendar 8:30 Housing Starts and Permits 8:30 Initial Jobless Claims 8:30 Philly Fed Business Outlook 8:30 Producer Price Index 8:45 Fed’s Mester Speech 10:30 EIA Natural Gas Inventory 1:30 PM Fed’s Bullard Speech https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle … Continue reading

Trade Strategy 2.15.23

Markets Source: SeekingAlpha.com Economic Calendar 8:30 Retail Sales 8:30 Empire State Mfg Survey 9:15 Industrial Production 10:00 Business Inventories 10:00 NAHB Housing Market Index 10:00 Atlanta Fed’s Business Inflation Expectations 1:00 PM Results of $15B, 20-Year Bond Auction 4:00 PM Treasury International Capital https://www.investing.com/economic-calendar/   10:30 EIA Petroleum Inventories S&P … Continue reading

Trade Strategy 2.14.23

Markets Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Normal for CD1 as price declined and established a new cycle low at 4078.75. Prior range was 72 handles on 1.318M contracts exchanged.   …Transition from Cycle Day … Continue reading

Trade Strategy 2.13.23

Markets Inflation romance Investors will try to get more clarity on market direction this week following the release of key inflation data on Valentine’s Day. While January consumer prices are forecast to climb 0.5% M/M for the first time in three … Continue reading

Trade Strategy 2.10.23

Markets Source: SeekingAlpha.com Economic Calendar 10:00 Consumer Sentiment 12:30 PM Fed’s Waller Speech 1:00 PM Baker-Hughes Rig Count https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Early buying fell apart as lower range parameters were violated, triggering long liquidation selling, which drove price … Continue reading