Markets Source: SeekingAlpha.com Economic Calendar 8:30 Empire State Mfg Survey 3:00 PM Fed’s Williams Speech https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Shortened MLK holiday kept a lid on activity. Prior range was 17 handles on 110k contracts exchanged. …Transition from … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets Economic Calendar 8:30 Import/Export Prices 10:00 Consumer Sentiment 10:20 Fed’s Harker Speech 1:00 PM Baker-Hughes Rig Count https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): Price rallied fulfilling cycle objectives, then oscillated around the 4000 strike … Continue reading
Markets Simplify the CPI As the Federal Reserve ratchets up interest rates, inflation has started to cool, according to many recent economic reports. Most recently, wage growth rose less than expected in the December non-farm payrolls report, resulting in further … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 10:00 Atlanta Fed’s Business Inflation Expectations 10:30 EIA Petroleum Inventories 1:00 PM Results of $32B, 10-Year Note Auction https://www.investing.com/economic-calendar/ S&P 500 ***Written Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening Print” publication. Prior Session was Cycle Day 1 (CD1): … Continue reading
Markets Fedspeak Things are getting edgy as traders seek to assess the thinking of the Federal Reserve going into 2023. Chair Jay Powell is set to participate today in an International Symposium on Central Bank Independence hosted by the Sveriges … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 12:30 PM Investor Movement Index 12:30 PM Fed’s Bostic Speech 3:00 PM Consumer Credit https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Market’s abruptly shifted gears from risk-off to risk-on following NFP report, as price vaulted higher never … Continue reading
Markets It’s the first Friday of the month, and that means the non-farm payrolls report. Economists expect the NFP release to show that 200,000 jobs were added in December, with the unemployment rate staying near a 50-year low at 3.7%. … Continue reading
Markets Economic Calendar 8:15 ADP Jobs Report 8:30 Goods and Services Trade 8:30 Initial Jobless Claims 9:20 Fed’s Bostic Speech 9:45 PMI Composite Final 10:30 EIA Natural Gas Inventory 11:00 EIA Petroleum Inventories 1:20 PM Fed’s Bullard Speech https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 10:00 ISM Manufacturing Index 10:00 Job Openings and Labor Turnover Survey 2:00 PM FOMC Minutes https://www.investing.com/economic-calendar/ S&P 500 ***Written Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening Print” publication. Prior Session was Cycle Day 2 (CD2): Risk-Off was the “continuation-theme” … Continue reading
Markets Source: 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 a Cycle Low at 3821.50. Prior range was 49 handles on 1.295M contracts exchanged. …Transition from Cycle Day 1 to Cycle … Continue reading