Daily Trading Plans

Pre-market update (updated 8:30am eastern): European markets are trading in a wide range from -0.3% up to +0.7%.  Asian markets traded in a wide range from -0.4% up to 1.8%. US Markets are moderately higher ahead of the open.   Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45am), Consumer Price Index

Pre-market update (updated 8:00am eastern): European markets are trading 0.9% higher.  Asian markets traded in a mixed/flat manner.   US Markets are slightly higher heading into the open.  Economic reports due out (all times are eastern): Producer Price Index (8:30am), Consumer Sentiment (9:55am) Technical Outlook (SPX): The S&P finished the day well off the

Pre-market update (updated 8:00am eastern): European markets are mixed in trading with a slight bullish edge. Asian markets also traded in a mixed/flat manner.   US Markets are slightly higher heading into the open.  Economic reports due out (all times are eastern): MBA Purchase Applications (7am), International Trade (8:30am),  Wholesale Trade (10am) EIA Petroleum Status

Pre-market update (updated 9:00am eastern): European markets are -0.3% lower. Asian markets took a hard hit finishing -1.4% lower. US Markets are slightly lower ahead of the opening bell.  Economic reports due out (all times are eastern): Consumer Credit (3pm)  Technical Outlook (SPX): SPX sold off about -1% on Friday, and recovered about 1/3 of

Pre-market upadate (updated 9:00am eastern): European markets are -0.8% lower. Asian markets traded -0.4% lower. US Markets are nearly 1% lower ahead of the opening bell.  Economic reports due out (all times are eastern): Employment Situation (8:30am), EIA Natural Gas Report (10:30am)  Technical Outlook (SPX): Yesterday’s pullback was light, and without any sense of

Pre-market upadate (9:00am eastern): European markets are trading flat.  Asian markets traded mixed/flat. US Markets are looking at a slightly negative open. Economic reports due out (all times are eastern): MBA Purchase Applications (7am), Challenger Job-Cut Report (7:30am), ADP Employment Report (8:15am), Jobless Claims (8:30am), ISM Non-Manufacturing Index (10am), EIA Natural Gas Report (10:30am),  Technical Outlook

Pre-market upadate (7am eastern): European markets are trading 0.4% higher.  Asian markets traded 1.0% higher.  US Markets are looking at a flat open.  Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45am), Redbook (8:55am), Factory Orders (10am), Market closes at 1pm Technical Outlook (SPX): SPX managed to put together a solid ‘follow-through’

Technical Outlook (SPX): SPX made a strong recovery yesterday into the close, eliminating much of the weakness from earlier in the day.  Today the market is experiencing additional strength off of positives out of Europe.  A close above 1358-60 would be huge for market bulls. Would confirm that the upward trend is still intact and

Pre-market Update (Updated 9:00am eastern): US futures are moderately lower ahead of the open.  European markets are trading -1.1% lower.  Asian markets are traded in a wide range from -0.8% up to +1.8%. Economic Reports Due out (Times are EST): GDP (8:30am), Jobless Claims (8:30am), Corporate Profits (8:30am), EIA Natural Gas Report (10:30am), Kansas City

Pre-market Update (Updated 9:00am eastern): US futures are slightly higher ahead of the open.  European markets are trading mixed/flat. Asian markets are traded in a wide range from -0.8% up to +0.5%. Economic Reports Due out (Times are EST): ICSC-Goldman Store Sales (7:45am), Redbook (8:55am), S&P Case-Shiller HPI (9am), Consumer Confidence (10am), Richmond Fed Manufacturing