•  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

    By |Published On: December 15, 2011|2 min read|
  • 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

    By |Published On: December 14, 2011|2 min read|
  • 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:

    By |Published On: December 13, 2011|2 min read|
  • 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:

    By |Published On: December 12, 2011|1 min read|
  • 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

    By |Published On: December 8, 2011|1 min read|
  • 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

    By |Published On: December 7, 2011|2 min read|
  • Economic Reports Due Out (Times are EST): ICSC-Goldman Store Sales (7:45am), Redbook (8:55am), Treasury STRIPS (3pm) The Breakdown:

    By |Published On: December 6, 2011|2 min read|
  • 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

    By |Published On: December 5, 2011|2 min read|
  • 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:

    By |Published On: December 1, 2011|2 min read|
  • 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:

    By |Published On: November 30, 2011|2 min read|