Daily Trading Plans

Pre-market update: Asian markets traded 0.3% lower.  European markets are trading 0.2% higher. US futures are trading 0.1% higher ahead of the market open.  Economic reports due out (all times are eastern): Treasury Budget (2) Technical Outlook (SPX): As predicted in yesterday’s trading plan the SPX put in the day’s low in the first 30-minutes

Pre-market update: Asian markets traded 0.4% lower.  European markets are trading 1.5% lower. US futures are trading 1.1% lower ahead of the market open.  Economic reports due out (all times are eastern): Jobless Claims (8:30) Wholesale Trade (10), EIA Natural Gas Report (10:30) Technical Outlook (SPX): Heavy gap down at the open today after

Pre-market update: Asian markets traded 0.7% lower.  European markets are trading flat. US futures are trading 0.2% higher ahead of the market open.  Economic reports due out (all times are eastern): MBA Purchase Applications (7am), EIA Petroleum Status Report (10:30), FOMC Minutes (2) Technical Outlook (SPX): Sold off for a second consecutive day and

Pre-market update: Asian markets traded 0.3% lower.  European markets are trading 0.5% lower. US futures are trading 0.2% lower ahead of the market open.  Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45), Redbook (8:55), Consumer Credit (3) Technical Outlook (SPX): An inside day of bearishness yesterday on the candlesticks.  Additional

Pre-market update: Asian markets traded 0.3% lower.  European markets are trading 0.8% lower. US futures are trading 0.1% lower ahead of the market open.  Economic reports due out (all times are eastern): None Technical Outlook (SPX): Strong rally on light volume and half day of trading on Thursday.  Legitimate possibility SPX tests or breaks

Pre-market update: Asian markets traded 0.1% lower.  European markets are trading 0.4% higher. US futures are trading 0.3% higher ahead of the market open.  Economic reports due out (all times are eastern): Challenger Job-Cut Report (7:30), Employment Situation (8:30), International Trade (8:30), Jobless Claims (8:30), PMI Services Index (9:45), ISM Non-Manufacturing Index (10), EIA Natural

Pre-market update: Asian markets traded 0.7% higher.  European markets are trading flat. 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), Factory Orders (10), EIA Petroleum Status Report (10:30) Technical Outlook (SPX): Huge move higher for SPX

Pre-market update: Asian markets traded 0.7% higher.  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), Redbook (8:55), PMI Manufacturing Index (9:45), ISM Manufacturing Index (10), Construction Spending (10) Technical Outlook (SPX): SPX has broken

Pre-market update: Asian markets traded 0.4% higher.  European markets are trading -0.3% lower. US futures are trading -0.3% lower ahead of the market open.  Economic reports due out (all times are eastern): Chicago PMI (9:45), Pending Home Sales Index (10), Dallas Fed Manufacturing Survey (10:30) Technical Outlook (SPX): SPX has started to breakout of

Pre-market update: Asian markets traded -0.7% lower.  European markets are trading 0.1% higher. US futures are trading -0.3% lower ahead of the market open.  Economic reports due out (all times are eastern): Consumer Sentiment (9:55), Farm Prices (3) Technical Outlook (SPX): Strong recovery yesterday after the initial morning sell-off creating a long lower candle