Today Today’s Events Janet Yellen Speaks – 10:00 AM ET Jerome Powell Speaks – 2:30 PM ET News Monday’s action was off to the races for the bulls. The markets were up 25 points in the S&P 500 the first hour of trading then slowly drifted off the highs during [...]
Today Today’s Events Neel Kashkari Speaks – 12:15 PM ET News Friday’s action was weak on rising volume but over the weekend, the new Brexit poll was done and the world markets responded very positively. US Futures are up over 25 points and oil is up 2%. The British pound [...]
Today Today’s Events Housing Starts – 8:30AM ET News News Yesterday, the markets were down in the first hour then clawed their way back into positive territory. Oil slid almost 4%. The euro / US Dollar was the primary driver. Volume was higher as fears of Brexit eased (for now). [...]
Today Today’s Events Consumer Price Index – 8:30AM ET Jobless Claims – 8:30 AM ET Philly Fed Business Outlook Survey – 8:30 AM ET Housing Market Index – 10:00 AM ET News Yesterday, Janet Yellen’s comments left investors scratching their heads. No rate hike was announced but investors exited stage [...]
Today Today’s Events PPI-FD – 8:30AM ET Empire State Mfg Survey – 8:30 AM ET Industrial Production – 9:15 AM ET EIA Petroleum Status Report – 10:30 AM ET FOMC Meeting Announcement – 2:00 PM ET Fed Chair Press Conference – 2:30 PM ET News Yesterday the markets were in [...]
Today Today’s Events Retail Sales – 8:30AM ET Import and Export Prices – 8:30 AM ET Business Inventories – 10:00 AM ET News Yesterday the markets were in a sour mood. The markets closed at their lows – a bearish signal. Volume was higher than Friday and the VIX has [...]
Today Today’s Events No Major Economic News News Friday, markets lost ground. Britian’s looming Brexit vote survey tipped the scales for more people to opt out of the European union. Oil was down also. The S&P 500 closed essentially flat for the week losing 0.1%. Volume was higher. Overnight Japan’s [...]
Today Today’s Events Consumer Sentiment – 10:00 AM ET Treasury Budget – 2:00 PM ET News Yesterday the markets did their normal routine, down in the morning and then slowly gained strength into the close. Volume was lower. Overnight, world markets are down as investors flock to gold. China is [...]
Today Today’s Events Jobless Claims – 8:30 AM ET News Yesterday the markets continued their slow melt up. Volume was mixed. Oil stayed above $51 and the DOW closed above the 18,000 level. Overnight markets were lower on a weaker dollar negatively impacted Japanese stocks. Markets were closed for holiday [...]
Today Today’s Events JOLTS – 10:00 AM ET EIA Petroleum Status Report – 10:30 AM ET News Markets yesterday continued the melt up. The Dow hit 18,000 and backed off in the afternoon. The last couple hours the market lost steam and formed a reversal bar; a bearish indicator. Overnight [...]