Markets Source: SeekingAlpha.com Economic Calendar Outlook: The October retail sales report will be one of the earliest clues about the readings for fourth-quarter gross domestic product after the figure dwindled to a 2% pace in Q3. 8:30 Retail Sales 8:30 Import/Export Prices 8:55 Redbook Chain … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Empire State Mfg Survey 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): Markets rebounded last week to finish strong with a Positive 3-Day Cycle. Range was 40 handles … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 10:00 Consumer Sentiment 10:00 Job Openings and Labor Turnover Survey 12:10 PM Fed’s Williams 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 2 (CD2): Markets paused yesterday as normal … Continue reading
On Veterans Day, Polaris Trading Group expresses appreciation to all U.S. military personnel for the sacrifices you have made for our freedom. Thank you for your service. May God Bless You. Markets Source: SeekingAlpha.com Economic Calendar No events scheduled due … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar Sizzling inflation Get ready for some early action this morning as the consumer price index for October is published at 8:30 a.m. ET. The figure is expected to come in flaming once again, rising 5.8% Y/Y, … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Producer Price Index 8:55 Redbook Chain Store Sales 9:00 Jerome Powell Speech 1:00 PM Results of $39B, 10-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 2 (CD2): Markets paused yesterday as … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 9:00 Fed’s Clarida Speech 10:00 Fed’s Montgomery Speech 10:30 Jerome Powell Speech 12:00 PM Fed’s Harker: Economic Outlook 12:30 PM Investor Movement Index 1:00 PM Results of $56B, 3-Year Note Auction 1:50 PM Fed’s Evan Speech https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar Snapshot: Consensus estimates call for 450K jobs added in October, though September’s report totaled 194K additional jobs, far short of a forecast of 500K. The unemployment rate is expected to tick down to 4.7% from 4.8%, while … Continue reading
Markets Powell’s patience Stocks are continuing their march higher following a predicted move by the Fed to wind down its pandemic-era bond purchases. The central bank will cut its monthly Treasury purchases by $10B and mortgage-backed securities by $5B, bringing … Continue reading
Markets Taper is near The Federal Reserve will conclude its latest two-day meeting this afternoon and the stakes couldn’t be higher. The central intends to end its pandemic-era bond purchases, a process known as “tapering,” by stepping away from a … Continue reading