Today Today’s Events EIA Petroleum Status Report – 10:30 AM ET James Bullard Speaks – 1:00 PM ET FOMC Minutes – 2:00 PM ET News Markets closed near their lows yesterday. Volume picked up indicating institutions were selling. Talks of a rate hike in September by Federal Reserve President William [...]
Today Today’s Events EIA Petroleum Status Report – 10:30 AM ET James Bullard Speaks – 1:00 PM ET FOMC Minutes – 2:00 PM ET News Markets were little changed yesterday with higher volume. Oil was up another 2.8% to $46 a barrel. Overnight markets are lower as investors wait the FOMC [...]
Today Today’s Events Empire State Mfg Survey – 8:30 AM ET Housing Market Index – 10:00 AM ET Treasury International Capital – 4:00 PM ET News Markets were quiet again Friday. The Nasdaq ended the week with a 0.2% gain while the S&P 500 gained 0.1% for the week. Volume [...]
Today Today’s Events PPI-FD – 8:30 AM ET Retail Sales – 8:30 AM ET Business Inventories – 10:00 AM ET Consumer Sentiment – 10:00 AM ET News Markets rallied on oil news. Oil was up almost 4.5% almost hitting $44 a barrel. Volume was mixed and not higher than yesterday. [...]
Today Today’s Events Jobless Claims – 8:30 AM ET Import and Export Prices – 8:30 AM ET News Back to the Future or should we say Back to Groundhog Day part 3? Maybe. The major indexes closed relatively unchanged. The S&P 500 was down 0.3%, Russell 2000 down 0.7% and the [...]
Today Today’s Events JOLTS – 10:00 AM ET EIA Petroleum Status Report – 10:30 AM ET Treasury Budget – 2:00 PM ET News Back to the Future or should we say Back to Groundhog Day part 2? Yesterday was almost a carbon copy of Monday’s action. The market is showing [...]
Today Today’s Events Productivity and Costs – 8:30 AM ET News Back to the Future or should we say Back to Groundhog Day? Monday’s action was like watching paint dry. All major indices essentially closed at where they started. Oil was up 3% yesterday but the small cap index, Russell 2000 [...]
Today Today’s Events Labor Market Conditions Index– 10:00 AM ET News The jobs report Friday fueled a monster rally. The S&P 500 and Nasdaq were up almost 1%. The Nasdaq rose above old resistance level of 5200. While the S&P 500 got above a 2175 resistance level. World markets are in [...]
Today Today’s Events Employment Situation – 8:30 AM ET International Trade – 8:30 AM ET News Markets were essentially flat line yesterday before the jobs report on Friday morning. We are back in that tight channel in the S&P 500 and major indexes with changes in the single digits. Otherwise [...]
Today Today’s Events Rob Kaplan Speaks – 6:15 AM ET Jobless Claims – 8:30 AM ET Factory Orders – 10:00 AM ET News Little action yesterday and we were back to Groundhog Day. The markets opened lower and slowly crawled their way back by end of the day. The markets [...]