Markets Fed Day Traders widely expect the Federal Reserve to slow its pace of rate hikes to 25 basis points today, down from a 50 bps increase in December, which followed four back-to-back 75 bps hikes. It follows recent economic … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets Get ready for the big show! The busiest week of the Q4 earnings season is about to kick off, with more than 100 companies representing nearly a third of the S&P 500’s market value set to report results. Meta … Continue reading
Markets The major U.S. stock averages are pointing to a lower open this morning, kicking off a week packed with macro events and major tech earnings. At the time of writing, Nasdaq 100 (NDX:IND) and S&P 500 futures (SPX) are off 1.4% and 1%, respectively, … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Personal Income and Outlays 10:00 Consumer Sentiment 10:00 Pending Home Sales 1:00 PM Baker-Hughes Rig Count https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Price produced only a shallow decline, as continuation rally unfolded, pushing higher to fulfill … Continue reading
$ES_F Daily Trade Plan nailed the Upper & Lower edges perfectly! https://polaristradinggroup.com/trade-strategy-1-26-23/ … Continue reading
Markets Economic Calendar 8:30 Durable Goods 8:30 GDP Q4 8:30 International Trade in Goods (Advance) 8:30 Initial Jobless Claims 8:30 Chicago Fed National Activity Index 8:30 Retail Inventories (Advance) 10:00 Wholesale Inventories (Advance) 10:00 New Home Sales 10:30 EIA Natural Gas Inventory 11:00 Kansas City Fed Mfg Survey 1:00 PM Results … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 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): Normal CD2 as price consolidated within the expected range outlined (4005 – 4040) in prior … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 9:45 PMI Composite Flash 10:00 Richmond Fed Mfg. 1:00 PM Results of $42B, 2-Year Note Auction 1:00 PM Money Supply https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 1 (CD1): Price produced only a shallow decline, as continuation rally unfolded, pushing … Continue reading
Markets Economic Calendar 10:00 Leading Indicators 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 surpassing prior high fulfilling cycle objectives. Prior range was 79 handles on 1.527M contracts exchanged. …Transition from Cycle … Continue reading