Economic Reports Due out (Times are EST): Jobless Claims (8:30am), Producer Price Index (8:30am), Empire State Manufacturing Survey (8:30am), Current Account (8:30am), Treasury International Capital (9am), Industrial Productions (9:15am), Bloomberg Consumer Comfort Index (9:45am), Philadelphia Fed Survey (10am), EIA Natural Gas Report (10:30am) Premarket Update: Futures are up strong – about 1%. Asian markets were
Economic Reports Due out (Times are EST): MBA Purchase Applications (7am), Import and Export Prices (8:30am), EIA Petroleum Status Report (10:30am) Premarket Update: Futures are slightly lower heading into the open. Asian markets were down about -0.5% in trading. Europe is currently trading lower at an excess of -1% Technical Outlook (S&P): The S&P gave up
Economic Reports Due out (Times are EST): NFIB Small Business Optimism Index (7:30am), ICSC-Goldman Store Sales (7:45am), Retail Sales (8:30am), Redbook (8:55am), Business Inventories (10am), FOMC Statement (2:15pm) Premarket Update: Futures are moderately higher heading into the open. Asia was down -1% overall in trading. Europe is currently trading higher at an average 0.8%. Technical Outlook:
Economic Reports Due out (Times are EST): Treasury Budget (2pm) Premarket Update: Futures are moderately lower heading into the open. Asia was mixed but on the whole, was up 0.8%. Europe is trading lower, on average about -1.0% Technical Outlook:
Since much of what has discussed in recent days hasn’t changed on my daily trading plans, I thought I’d just give you an updated chart this morning. It speaks for itself and if we can break above resistance, we should get a nice rally to close out the year. But for the last three days
Economic Reports Due Out (Times are EST): MBA Purchase Applications (7am), Quarterly Services Survey (10am), EIA Petroleum Status Report (10:30am), Consumer Credit (3pm) The Breakdown: Futures are slightly negative heading into the open and tumbling well off of their session highs. Asia, as a whole, traded about 1.6% higher. Europe is currently trading slightly in
Economic Reports Due Out (Times are EST): ICSC-Goldman Store Sales (7:45am), Redbook (8:55am), Treasury STRIPS (3pm) The Breakdown:
Economic Reports Due Out (Times are EST): Factory Order (10am), ISM Non-Manufacturing Index (10am) The Breakdown: Futures are gapping higher in excess of 1% as we head into the open. Asia traded about 0.6% higher, while Europe is trading on average about 1% higher. On Friday we tested the 200-day moving average and failed to
Economic Reports Due Out (Times are EST): Jobless Claims (8:30am), Bloomberg Consumer Comfort Index (9:45am), ISM Manufacturing Index (10am), Construction Spending (10am), EIA Natural Gas Report (10:30am) The Breakdown:
Economic Reports Due Out (Times are EST): MBA Purchase Applications (7am), Challenger Job-Cut Report (7:30am), ADP Employment Report (8:15am), Productivity and Costs (8:30am), Chicago PMI (9:45am), Pending Home Sales Index (10am), EIA Petroleum Status Report (10:30am), Charles Plosser Speaks (10:45am), Beige Book (2pm), Farm Prices (3pm) The Breakdown: