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Markets Party goes on Prince – 1999 The mother of all crashes? No bubble at all? Fed taper concerns and the spread of the Delta variant don’t seem to be able to weigh on sentiment for more than a day … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets U.S. stock futures slid another 1% overnight on the news, after the major averages closed 1% lower on Wednesday. Things don’t look better in Europe, where the Euro Stoxx 50 fell over 2%, or in Asia, where the Hang Seng closed down by the … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Housing Starts 1:00 PM Results of $17B, 20-Year Bond Auction 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 8 pm Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The … Continue reading
Markets Stock futures slipped 0.5% overnight after the S&P 500 notched a fresh milestone during its fifth consecutive positive session. The benchmark index has now doubled from a closing low hit on March 23, 2020 Source: SeekingAlpha.com Economic Calendar 8:30 Retail Sales 8:55 Redbook Chain … Continue reading
Markets The major averages notched further record highs last week, before taking a day off this morning. At the time of writing, stock index futures are down 0.3% Economic Calendar 8:30 Empire State Mfg Survey 4:00 PM Treasury International Capital ***New: PTG Trading … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Import/Export Prices 10:00 Consumer Sentiment 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 3 (CD3): Price fulfilled 3 Day Cycle Statistic as well as Cycle Objective. Range and … Continue reading
Inflation conundrum Inflation data is rivaling nonfarm payrolls in terms of market enthusiasm lately as Wall Street tries to gauge when the Federal Reserve will make its move to curb asset purchases. The debate over transitory vs. persistent will continue … 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 $41B, 10-Year Note Auction 2:00 PM Treasury Budget 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 … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Productivity and Costs 8:55 Redbook Chain Store Sales 1:00 PM Results of $58B, 3-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 fulfilled 3 Day Cycle Statistic as … Continue reading
Dog Days of Summer The period from July 3rd to August 11th is referred to as the Dog Days of Summer. Where did the term come from? And what does it have to do with dogs? We explain. Source: SeekingAlpha.com Economic Calendar … Continue reading