Daily Trading Plans

Pre-market update (updated 9am eastern): European markets are trading -0.5% lower. Asian markets traded traded in a wide range between -1.6% and as high as +0.9%. US futures are down moderately ahead of the opening bell.  Economic reports due out (all times are eastern): Durable Goods Orders (8:30am) Technical Outlook (SPX): First 2-day pullback that we

Pre-market update (updated 8:30am eastern): European markets are trading -2.3% lower. Asian markets traded 3.9% lower. The NIKKEI alone was down 7.3%. US futures are trading about 1% lower ahead of the opening bell. Economic reports due out (all times are eastern): Jobless Claims (8:30am), PMI Manufacturing Index Flash (8:58), FHFA House Price Index (9am), New

Pre-market update (updated 8:30am eastern): European markets are trading 0.1% higher. Asian markets traded 0.3% higher. US futures are slightly higher. Economic reports due out (all times are eastern): MBA Purchase Applications (7am), Existing Home Sales (10am), Bernanke speaks (10am), EIA Petroleum Report (10:30am), FOMC Minutes (2pm) Technical Outlook (SPX): We finished higher yet again

Pre-market update (updated 8:30am eastern): European markets are trading 0.2% lower. Asian markets traded 0.4% lower. US futures are flat  Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45am), Redbook (8:55am) Technical Outlook (SPX): The slightest of pullbacks yesterday, but might have been enough for the market to continue advancing forward based

Pre-market update (updated 8am eastern): European markets are trading 0.2% lower. Asian markets traded 1.2% higher.  US futures are slightly lower.  Economic reports due out (all times are eastern): Bernanke Speaks (8am), Chicago Fed National Activity Index (8:30am) Technical Outlook (SPX): Strong rally on Friday, but I’m not confident that it translates to additional follow

Pre-market update (updated 8am eastern): European markets are trading 0.2% higher. Asian markets traded 0.4% higher.  US futures are moderately higher.  Economic reports due out (all times are eastern): Consumer Sentiment (9:55am), Leading Indicators (10am) Technical Outlook (SPX): SPX finally decided to pullback yesterday after having gone up 32 points since the last one. 

Pre-market update (updated 8am eastern): European markets are trading 0.2% higher. Asian markets traded trading mixed/flat. US futures are slightly higher. Economic reports due out (all times are eastern): Consumer Price Index (8:30am), Housing Starts (8:30am), Jobless Claims (8:30am), Philadelphia Fed Survey (10am), EIA Natural Gas Report (10:30am), Technical Outlook (SPX): Market followed through yesterday and

Pre-market update (updated 8am eastern): European markets are trading 0.1% higher. Asian markets traded traded mixed/flat. US futures are slightly higher. Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45am), Import and Export Prices (8:30am), Redbook (8:55am) Technical Outlook (SPX): SPX managed to close at all times highs for the second straight

Pre-market update (updated 8am eastern): European markets are trading 0.3% lower. Asian markets traded traded in a wide, mixed range from -1.4% lower up to +1.2% higher.  US futures are moderately lower..  Economic reports due out (all times are eastern): Retail Sales (8:30am), Business Inventories (10am) Technical Outlook (SPX): SPX managed to close at all

Pre-market update (updated 8am eastern): European markets are trading 0.3% higher. Asian markets traded 1.2% higher. US futures are slightly higher..  Economic reports due out (all times are eastern): Bernanke speaks (9:30am), Treasury Budget (2pm) Technical Outlook (SPX): SPX experienced a much needed sell-off yesterday, snapping a five day winning streak, and only the third