Daily Trading Plans

Pre-market update: Asian markets traded mixed & flat. European markets are trading 0.1% higher.  US futures are trading 0.2% lower ahead of the market open.  Economic reports due out (all times are eastern): Treasury Budget (2) Technical Outlook (SPX): SPX closed out a successful bounce last week to finish above the 10-day moving average and poised

Pre-market update: Asian markets traded 0.1% lower. European markets are trading 1.1% higher.  US futures are trading 0.3% higher ahead of the market open.  Economic reports due out (all times are eastern): Employment Situation (8:30), Wholesale Trade (10) Technical Outlook (SPX): SPX has been stuck in a 20 point range over the past 5 trading days

Pre-market update: Asian markets traded 1.1% higher. European markets are trading 0.2% lower.  US futures are trading flat ahead of the market open.  Economic reports due out (all times are eastern): MBA Purchase Applications (7), ADP Employment Report (8:15), EIA Petroleum Status Report (10:30), FOMC Minutes (2), Consumer Credit (3) Technical Outlook (SPX): Solid bounce out

Pre-market update: Asian markets traded -0.2% lower. European markets are trading 0.6% higher.  US futures are trading 0.3% higher ahead of the market open.  Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45), International Trade (8:30), Redbook (8:55), Treasury STRIPS (3) Technical Outlook (SPX): Entering into today, SPX is down 5 out of

Pre-market update: Asian markets traded -1.1% lower. European markets are trading 0.2% higher.  US futures are trading 0.3% higher ahead of the market open.  Economic reports due out (all times are eastern): Factory Orders (10), ISM Non-Manufacturing Index (10) Technical Outlook (SPX): Fourth time in the last five days the market has sold off. The problem

Pre-market update: Asian markets traded -1.3% lower. European markets are trading 0.5% higher.  US futures are trading 0.2% higher ahead of the market open.  Economic reports due out (all times are eastern): EIA Natural Gas Report (10:30), EIA Petroleum Status Report (11), Bernanke Speaks (2:30) Technical Outlook (SPX): Heavy sell-off to start 2014 off yesterday.  The important

Pre-market update: Asian markets traded flat. European markets are trading 0.4% lower.  US futures are trading 0.2% lower ahead of the market open.  Economic reports due out (all times are eastern): Jobless Claims (8:30), PMI Manufacturing Index (8:58), ISM Manufacturing Index (10), Construction Spending (10)  Technical Outlook (SPX): First day of the trading year and more

Pre-market update: Asian markets traded 0.1% higher. European markets are trading 0.3% lower.  US futures are flat ahead of the market open.  Economic reports due out (all times are eastern): Pending Home Sales Index (10), Dallas Fed Manufacturing Survey (10:30), Farm Prices (3)  Technical Outlook (SPX): Some much needed consolidation at the market highs on Friday.

Pre-market update: Asian markets traded 0.1% higher. European markets are trading 0.8% higher.  US futures are flat ahead of the market open.  Economic reports due out (all times are eastern): EIA Natural Gas Report (10:30), EIA Petroleum Status Report (11) Technical Outlook (SPX): The rally continues as the SPX rises for a fourth straight day.  Trend-line

Pre-market update: Asian markets traded 0.9% higher. European markets are trading 0.1% higher.  US futures are trading 0.2% higher ahead of the market open.  Economic reports due out (all times are eastern): Jobless Claims (8:30), EIA Petroleum Status Report (11) Technical Outlook (SPX): SPX has quickly become overextended – the need for a temporary pullback or