Today Today’s Events Productivity and Cost – 8:30 AM ET News Markets yesterday continued the melt up. The S&P 500 is getting closer to the 2134 level. Breaking above that level will be very bullish. Oil is flirting with $50 a barrel again with estimates that we could hit $60 a [...]
Today Today’s Events Janet Yellen Speaks – 12:30 PM ET News Friday’s employment report was disappointing to say the least. Figures were fall below estimates and yet the market found the mustard to claw its way back. The S&P 500 was off 0.3% and the Nasdaq dropped 0.6%. Volume was [...]
Today Today’s Events Employment Situation – 8:30 AM ET International Trade – 8:30 AM ET Factory Orders – 10:00 AM ET ISM Non Mfg Index – 10:00 AM ET News Yesterday we started down for the first 30 minutes of the day then the markets slowly drifted upwards closing at [...]
Today Today’s Events Jobless Claims – 8:30 AM ET EIA Petroleum Status Report – 11:00 AM ET News Yesterday the US Markets were down then up. The S&P 500 finished just under the 2100 level, again. The oil report comes out this morning and if oil breaks above $50 the bulls [...]
Today Today’s Events ADP Employment Report – 8:15 AM ET PMI Manufacturing Index – 9:45 AM ET ISM Mfg Index – 10:00 AM ET Construction Speding – 10:00 AM ET Beige Book – 2:00 PM ET News Yesterday’s market action was mixed. We started off on the weak side then [...]
Today Today’s Events Personal Income and Outlays – 8:30 AM ET S&P Case-Shiller HPI – 9:00 AM ET Chicago PMI – 9:45 AM ET Consumer Confidence – 10:00 AM ET Dallas Fed Mfg Survey – 10:30 AM ET News Friday, Janet Yellen’s comments caused the markets to yawn. The indexes [...]
Today Today’s Events GDP – 8:30 AM ET Consumer Sentiment – 10:00 AM ET Janet Yellen Speaks – 10:30 AM ET News Yesterday was a quiet day ahead of the Memorial day weekend and Janet Yellen speaking this morning at 10:30 AM ET. Markets were essentially flat and volume lower. [...]
Today Today’s Events Durable Goods Orders – 8:30 AM ET Jobless Claims – 8:30 AM ET Pending Home Sales – 10:00 AM ET News Two days, two bulls playing sending the markets upwards. The S&P 500 closed up 0.7%, Nasdaq up 0.7% and the Russell 2000 was up 0.5%. Volume [...]
Today Today’s Events International Trade in Goods – 8:30 AM ET EIA Petroleum Status Report – 10:30 AM ET News Well, yesterday we wondered if the bulls would come out to play – and did they. They pegged the indexes to close at their highs. The S&P 500 was up [...]
Today Today’s Events PMI Mfg Index Flash – 9:45 AM ET News Friday the markets rose but volume was lackluster. The S&P 500 was up 0.6% and the NDX 1.2%. We are below the 50 day moving average on both indexes. World markets are down overnight and US Futures are [...]