Daily Trading Plans

Pre-market update: Asian markets traded 0.3% higher.  European markets are trading 0.3% higher. US futures are trading 0.4% higher ahead of the market open.  Economic reports due out (all times are eastern): Treasury Budget (2) Technical Outlook (SPX): Another scenario on Friday where the dip buyers rushed to the aide of the bulls and pushed the

Economic reports due out (all times are eastern): Wholesale Trade (10) Technical Outlook (SPX): There is no conviction to the upside, if so, we'd be way above 1883 by now, instead when the price level breaks intraday, it just gives traders a reason to short the market. However, the bears continue to let opportunity after opportunity

Pre-market update: Asian markets traded 0.7% higher.  European markets are trading 0.3% highr. US futures are trading 0.2% lower ahead of the market open.  Economic reports due out (all times are eastern): Jobless Claims (8:30), Janet Yellen Speaks (9:30), EIA Natural Gas Report (10:30) Technical Outlook (SPX): After a strong push below the 20 and 50-day

Pre-market update: Asian markets traded 2.2% lower.  European markets are trading 0.1% highr. US futures are trading 0.2% higher ahead of the market open.  Economic reports due out (all times are eastern): MBA Purchase Applications (7), Productivity and Costs (8:30), Janet Yellen Speaks (10), EIA Petroleum Status Report (10:30), Consumer Credit (3) Technical Outlook (SPX):

Pre-market update: Asian markets traded 0.5% lower.  European markets are trading -0.7% lower. US futures are trading 0.1% lower 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) Technical Outlook (SPX): Technically, SPX finished a shade above 1883, at 1884.66 but

Pre-market update: Asian markets traded 0.5% lower.  European markets are trading -0.7% lower. US futures are trading 0.4% lower ahead of the market open.  Economic reports due out (all times are eastern): PMI Services Index (9:45), ISM Non-Manufacturing Index (10) Technical Outlook (SPX): An impressive start on Friday turned red and despite trading at

Pre-market update: Asian markets traded 0.1% 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): Employment Situation (8:30), Factory Orders (10) Technical Outlook (SPX): Price pushed through 1883 intraday, but like I’ve seen so many times before, it was

Pre-market update: Asian markets traded 0.5% higher.  European markets are trading flat. US futures are trading flat ahead of the market open.  Economic reports due out (all times are eastern): Challenger Job-Cut Report (7:30), Jobless Claims (8:30), Personal Income and Outlays (8:30), Janet Yellen Speaks (8:30), PMI Manufacturing Index (9:45), ISM Manufacturing Index (10), Construction

Pre-market update: Asian markets traded 0.4% lower.  European markets are trading 0.1% lower. US futures are trading 0.1% lower ahead of the market open.  Economic reports due out (all times are eastern): ADP Employment Report (8:15), GDP (8:30), Employment Cost Index (8:30), Treasury Refunding Announcement (8:30), Chicago PMI (9:45), EIA Petroleum Status Report (10:30), FOMC

Pre-market update: Asian markets traded in a wide range between -1.0% and +1.45. European markets are trading 0.8% higher. US futures are trading 0.2% higher ahead of the market open.  Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45), Redbook (8:55), S&P Case-Shiller HPI (9), Consumer Confidence (10), State Street Investor Confidence