Markets Source: SeekingAlpha.com Economic Calendar 10:00 Consumer Sentiment 1:00 PM Baker-Hughes Rig Count 1https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): “Markets first tested yesterday’s high, then the news come and they test yesterday’s low, then … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar Inflation nation Get ready for a move above 7%. The latest CPI data is out today, with economists expecting the figure to have soared 7.3% in January, from a four-decade record notched in December. It’ll be … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 10:00 Wholesale Inventories (Preliminary) 1:00 PM Results of $37B, 10-Year Bond Auction https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link 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
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Goods and Services Trade 8:55 Redbook Chain Store Sales 1:00 PM Results of $58B, 3-Year Note Auction 1https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): Positive 3-day Statistic was fulfilled, although … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 12:30 PM Investor Movement Index 3:00 PM Consumer Credit https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): Wide range day marked this session with bulls predominately in control, and position squaring … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Non-farm payrolls 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 1 (CD1): Tough day for the bulls as price continued to slip throughout this session. Prior range … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Productivity and Costs 9:45 PMI Composite Final 10:00 ISM Service Index 10:00 Factory Orders 10:30 EIA Natural Gas Inventory 4:30 PM Fed Balance Sheet 1https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:15 ADP Jobs Report https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link WTI crude oil prices are continuing to advance at a rapid pace, climbing 8% over the last week and 18% since the start of the year. In fact, the energy … Continue reading
Markets How many hikes in 2022? Estimates on Wall Street now range from three rate increases all the way to seven, with the federal funds rate projected to end the year in a range of 1.25%-2.00% (the current effective floor is … Continue reading
Markets Buy the dip? Stock index futures are mixed ahead of final session for January, with contracts linked to the Dow and S&P 500 inching lower, and the Nasdaq up by 0.4%. A spate of volatility continues to unnerve traders and investors … Continue reading