Markets U.S. stock index futures wavered between gains and losses overnight as investors looked for direction ahead of the Federal Reserve’s latest policy meeting. Source: SeekingAlpha.com Economic Calendar 8:30 Retail Sales 8:30 Empire State Mfg Survey 8:30 Import/Export Prices 10:00 Business Inventories 10:00 NAHB Housing Market … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar FOMC meeting begins 8:30 Producer Price Index 8:55 Redbook Chain Store Sales Source: SeekingAlpha.com https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 3 (CD3): Selling straight from the opening set this day’s trading tone. … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar No events scheduled 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 for this session, as price flip-flopped throughout the day, testing upper and lower zone edges. … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar Headline inflation today is forecast to show growth of 6.8% Y/Y in November, which would be the highest level since the summer of 1982, and overtake the 6.2% increase seen in October. Core CPI is also … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 10:00 Wholesale Inventories (Preliminary) 10:30 EIA Natural Gas Inventory 1:00 PM Results of $22B, 30-Year Note Auction 4:30 PM Fed Balance Sheet Source: SeekingAlpha.com https://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 10:00 Job Openings and Labor Turnover Survey 10:30 EIA Petroleum Inventories 1:00 PM Results of $36B, 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 8 pm Tuesday evening for Wednesday’s … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Goods and Services Trade 8:30 Productivity and Costs 8:55 Redbook Chain Store Sales 1:00 PM Results of $54B, 3-Year Note Auction 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 1 (CD1): … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar No significant events scheduled Source: SeekingAlpha.com 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 weakness from the opening range continued throughout this session, declining to projected CD1 Low (4498), … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar Economists are looking for gain of 550K nonfarm payrolls for November, right near what ADP reported for private sector jobs. That would be more evidence of the substantial progress on the labor front that the Fed … Continue reading
Markets The first Omicron case identified in the United States kicked selling into high gear on Wall Street yesterday. Stocks began the previous session sharply higher, but started to lose gains once Federal Reserve Chairman Jerome Powell reiterated that a … Continue reading