Daily Trading Plans

Pre-market update: Asian markets traded 0.4% higher. European markets are trading 0.4% higher.  US futures are trading 0.5% higher ahead of the market open.  Economic reports due out (all times are eastern): Personal Income and Outlays (8:30), Chicago Fed National Activity Index (8:30), Consumer Sentiment (9:55) Technical Outlook (SPX): Strong day of follow through on Friday,

Pre-market update: Asian markets traded 0.3% higher. European markets are trading 0.2% higher.  US futures are trading 0.2% higher ahead of the market open.  Economic reports due out (all times are eastern): GDP (8:30), Corporate Profits (8:30), Atlanta Fed Business Inflation Expectations (10), Kansas City Fed Manufacturing Index (11) Technical Outlook (SPX): A day of consolidation yesterday

Pre-market update: Asian markets traded 0.9% higher. European markets are trading 1.2% higher.  US futures are trading flat ahead of the market open.  Economic reports due out (all times are eastern): Jobless Claims (8:30), Philadelphia Fed Survey (10), Existing Home Sales (10), Leading Indicators (10), EIA Natural Gas  Report (10:30) Technical Outlook (SPX): Huge and I do

Pre-market update: Asian markets traded 0.7% higher. European markets are trading 0.6% higher.  US futures are trading 0.1% higher ahead of the market open.  Economic reports due out (all times are eastern): MBA Purchase Applications (7), Housing Starts (8:30), EIA Petroleum Status Report (10:30), FOMC Meeting Announcement (2), FOMC Forcecasts (2), Chairman Press Conference (2:30) Technical Outlook

Pre-market update: Asian markets traded 0.3% higher. European markets are trading 0.5% lower.  US futures are trading 0.1% higher ahead of the market open.  Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45), Consumer Price Index (8:30), Redbook (8:55), Housing Market Index (10) Technical Outlook (SPX): Much needed bounce yesterday that will absolutely need

Pre-market update: Asian markets traded 0.8% lower. European markets are trading 1.2% higher.  US futures are trading 0.6% higher ahead of the market open.  Economic reports due out (all times are eastern): Empire State Manufacturing Survey (8:30), Productivity and Costs (8:30), PMI Manufacturing Index Flash (8:58), Treasury International Capital (9), Industrial Production (9:15) Technical Outlook (SPX): Despite

Pre-market update: Asian markets traded 0.4% higher. European markets are trading 0.2% higher.  US futures are trading 0.2% higher ahead of the market open.  Economic reports due out (all times are eastern): Producer Price Index (8:30)  Technical Outlook (SPX): Technically some key support levels are being violated with yesterday’s close.  The 1777-1779 range was broken yesterday and

Pre-market update: Asian markets traded 1.0% lower. European markets are trading 0.6% higher.  US futures are trading flat ahead of the market open.  Economic reports due out (all times are eastern): MBA Purchase Applications (7), EIA Petroleum Status Report (10:30), Treasury Budget (2) Technical Outlook (SPX): Slight pullback on light volume yesterday poses little threat to

Pre-market update: Asian markets traded 0.2% lower. European markets are trading 0.6% lower.  US futures are trading 0.3% lower ahead of the market open.  Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45), Redbook (8:55), Wholesale Trade (10) Technical Outlook (SPX): Nice follow through yesterday as it approaches new all time highs above

Pre-market update: Asian markets traded 0.6% higher. European markets are flat.  US futures are trading 0.2% higher ahead of the market open.  Economic reports due out (all times are eastern): None Technical Outlook (SPX): Strong initial rallies after hard pullbacks in the market tend to see many more days of additional rallying thereafter.  The trend-line off