I figured after the CPI “flash crash,” the futures would rally. They did initially, but I didn’t expect the ES to trade down to 3923.75 and drop 120+ points from the day’s high. The train really has rolled off the tracks. I know people are starting to dabble into buying some beaten-down stocks, but I […]
Market Review Polaris Trading Group: Taylor 3 Day Cycle Commentary Author: David D Dube (PTGDavid) Tuesday’s Session was Cycle Day 3 (CD3): As this day is the official “end of cycle”, the expected action of the “BIG BOYZ” is to complete their selling of long contracts to the “Johnnie-come-late” buyers and to establish […]
The financial futures market went from good to bad Friday with the S&P 500 futures falling falling 1.1% and the Dow and Nasdaq futures falling 1.5% each. With stocks down across the board in Asia and falling in Europe, hundreds of thousands of financial workers across the globe were locked out of their Bloomberg terminals, […]
TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES: 8:30ET Durable Goods Orders, Canada Feb. Retail Sales; 1:00ET $70 billion 5-year note auction No Fed speakers due to a lock period ahead of the May 1st Fed meeting TODAY’S HIGHLIGHTS and News: Israel Calls Up Reserve Brigades Ahead Of Expected Rafah Offensive – […]
TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES: 8:30ET Philadelphia Fed Non-Manufacturing Activity; 9:45ET S&P Global US Manufacturing PMI, S&P Global US Services PMI, Composite PMI; 10:00ET Revisions: Retail Sales, New Home Sales, Richmond Fed Manufact. Index No Fed speakers due to a lock period ahead of the May 1st Fed meeting […]
TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES: 8:30ET Philadelphia Fed Non-Manufacturing Activity; 9:45ET S&P Global US Manufacturing PMI, S&P Global US Services PMI, Composite PMI; 10:00ET Revisions: Retail Sales, New Home Sales, Richmond Fed Manufact. Index No Fed speakers due to a lock period ahead of the May 1st Fed meeting […]
TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES: 8:30ET Chicago Fed Nat Activity Index No Fed speakers due to a lock period ahead of the May 1st Fed meeting TODAY’S HIGHLIGHTS and News: Israeli Military Intelligence Chief Resigns Over Oct. 7 Failure US-Led Military Base in Syria Hit by Rockets Fired From […]
TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES: 8:30ET 10:30 Fed’s Goolsbee speaks TODAY’S HIGHLIGHTS and News: Biden is weighing more than $1 billion in new arms for Israel Almost 1 billion Indians began voting today in the world’s biggest election A man is threatening to blow himself up at the Iran […]
TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES: 8:30ET Philadelphia Fed Business Outlook, Jobless Claims; 9:05ET Fed’s Bowman speaks; 9:15ET Fed’s Williams speaks; 10:00ET Leading Index, Existing Home Sales; 11:00ET Fed’s Bostic speaks; 1:00ET 5-year TIPS Auction; 5:45ET Fed’s Bostic speaks ECB’S VILLEROY: BARRING MAJOR SURPRISE WE SHOULD CUT RATES IN NEXT […]
Danny’s View: Everything Is In A Freefall