Markets Big bank bucks Investors this morning will get a better picture on the financial standing of the economy as the biggest U.S. banks publish their quarterly results. Source: SeekingAlpha.com Economic Calendar 8:30 Retail Sales 8:30 Import/Export Prices 9:15 Industrial Production 10:00 Business Inventories … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Producer Price Index 10:30 EIA Natural Gas Inventory 1:00 PM Results of $22B, 30-Year Note Auction 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 pushed upwards fulfilling … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Consumer Price Index 10:00 Atlanta Fed’s Business Inflation Expectations 1:00 PM Results of $36B, 10-Year Note Auction 2:00 PM Treasury Budget 2:00 PM Fed’s Beige Book https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link Crude rally Weekly oil stockpiles data from … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar Powell on the Hill Get ready for the latest appearance by Fed Chair Jerome Powell, who will visit Capitol Hill today for his confirmation before the Senate Banking Committee. 10:00 Powell testifies before Senate Banking Committee 1:00 … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 10:00 Wholesale Inventories (Preliminary) 12:30 PM Investor Movement Index https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): First week of the new year began will selling and ended the same way…Selling. … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar Jobs Day The last non-farm payrolls report for 2021 will be released this morning, with expectations that the U.S. economy added 400K jobs in December, compared to 210K jobs added in November. The figures – which … Continue reading
Markets A new era of monetary policy is starting to hit investors in the face after previously estimating that any tightening would be limited and gradual. FOMC minutes released on Wednesday showed that officials were fully on board with a … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:15 ADP Jobs Report 9:45 PMI Composite Final 2:00 PM FOMC Minutes 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 Day … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:55 Redbook Chain Store Sales 10:00 ISM Manufacturing Index 10:00 Job Openings and Labor Turnover Survey https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 2 (CD2): Normal CD2 unfolded as price consolidated, successfully testing … Continue reading
Markets U.S. stock index futures are starting the year with some more champagne as contracts linked to the Dow and S&P 500 rose 0.6% overnight, while the Nasdaq climbed 0.7%. Source: SeekingAlpha.com Economic Calendar 9:45 PMI Manufacturing Index 10:00 Construction Spending https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat … Continue reading