Daily Trading Plans

Pre-market update: Asian markets traded 1.0% higher.  European markets are trading 0.3% 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 (10:30), Treasury Budget (2) Technical Outlook (SPX): SPX rallied for the fourth straight day and 83 points

Pre-market update: Asian markets traded 0.9% higher.  European markets are trading 0.2% higher. US futures are trading 0.2% lower ahead of the market open.  Economic reports due out (all times are eastern): No news Technical Outlook (SPX): Another strong follow through on Friday, making this market very reminiscent of the market bounce off from off the

Pre-market update: Asian markets traded 1.2% higher.  European markets are trading 0.6% higher. US futures are trading 0.6% higher ahead of the market open.  Economic reports due out (all times are eastern): Employment Situation (8:30), Consumer Credit (3) Technical Outlook (SPX): SPX continued its bounce yesterday and pushed above 1772 and into the resistance zone between

Pre-market update: Asian markets traded 0.6% higher.  European markets are trading 1.0% higher. US futures are trading 0.4% higher ahead of the market open.  Economic reports due out (all times are eastern): Challenger Job Cut Report (7:30), International Trade (8:30), Jobless Claims (8:30), Productivity and Costs (8:30), EIA Natural Gas Report (10:30), Treasury STRIPS (3) Technical

Pre-market update: Asian markets traded in a wide range from -0.6 to +1.2% 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): MBA Purchase Applications (7), ADP Employment Report (8:15), Treasury Refunding Announcement (8:30), ISM Non-Manufacturing Index (10), EIA Petroleum

Pre-market update: Asian markets traded -2.7% lower. European markets are trading -0.4% lower.   US futures are trading 0.7% higher ahead of the market open.  Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45), Gallup US ECI (8:30), Redbook (8:55) Technical Outlook (SPX): Huge sell-off yesterday on the SPX took the index

Pre-market update: Asian markets traded -0.8% lower. European markets are trading flat.   US futures are trading flat ahead of the market open.  Economic reports due out (all times are eastern): PMI Manufacturing Index (8:58), ISM Manufacturing Index (10), Construction Spending (10) Technical Outlook (SPX): For the third time in the last five trading sessions,

Pre-market update: Asian markets traded -0.4% lower. European markets are 1.5% lower.  US futures are trading 0.7% higher ahead of the market open.  Economic reports due out (all times are eastern): Personal Income and Outlays (8:30), Employment Cost Index (8:30), Chicago PMI (9:45), Consumer Sentiment (9:55), Farm Prices (3) Technical Outlook (SPX): Solid gains

Pre-market update: Asian markets traded -1.4% lower. European markets are 0.5% higher.  US futures are trading 0.7% higher ahead of the market open.  Economic reports due out (all times are eastern): GDP (8:30), Jobless Claims (8:30), Pending Home Sales Index (10), EIA Natural Gas Report (10:30) Technical Outlook (SPX): SPX ready to bounce at

Pre-market update: Asian markets traded 1.2% higher. European markets are 0.5% higher.  US futures are trading 0.5% higher ahead of the market open.  Economic reports due out (all times are eastern): MBA Purchase Applications (7), EIA Petroleum Status Report (10:30), FOMC Statement (2) Technical Outlook (SPX): Yesterday was a much needed bounce for the bulls