How it handles the decline will say a lot about the market. Follow @MrTopStep and @BretKenwell on Twitter and please share if you find our work valuable. Don’t Forget: The Long-term performance of the S&P 500, some longer-term setups, and 5 red flags that showed up before the 2022 bear market. Our View We have […]
Index Futures Net Changes and Settlements: Contract Settlement Net Change +/-% S&P 500 (ESZ18:CME) 2643.50 -26.00 -0.97% DowJones (YMZ18:CBT) 24,431 -315 -1.27% Nasdaq 100 (NQZ18:CME) 6736.25 -157.00 -2.27% Russell 2000 (RTYZ17:CME) 1480.20 -10.70 -0.71% Foreign Markets, Fair Value and Volume: In Asia 9 out of 11 markets closed higher: Shanghai Comp +1.02%, Hang Seng -0.91%, […]
TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES: 8:30ET PCE Deflator*, Personal Income – Spending; 10:00ET U. of Mich. Sentiment; 11:00ET Kansas City Fed Services Activity TODAY’S HIGHLIGHTS and News: Chinese Stocks in Hong Kong Are the World’s Top Gainers in April Jeff Bezos is accused of destroying chats amid an FTC […]
JPM’s Jamie Dimon is concerned. Still a Tricky Environment to Navigate JPM’s Jamie Dimon is concerned. Follow @MrTopStep on Twitter and please share if you find our work valuable! Every week, MrTopStep invites traders to an “Own the Close” contest where the closest guesstimate where the SPX will settle on Friday’s 4:00 cash close. […]
TSLA reports tonight Two-Way Trading Is On Tap TSLA reports tonight Follow @MrTopStep on Twitter and please share if you find our work valuable! Every week, MrTopStep invites traders to an “Own the Close” contest where the closest guesstimate where the SPX will settle on Friday’s 4:00 cash close. The winners get a free […]
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: 1:00ET 20-year bond reopening; 2:00ET Fed’s Beige Book, ECB’s Lagarde speaks; 4:00ET TIC Flows; 5:30ET Fed’s Mester speaks Turkey’s President to meet with Hamas leader this weekend TODAY’S HIGHLIGHTS and News: Biden is calling for a tripling of tariffs on steel from China Missile […]
TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES: 8:30ET Empire Manufacturing, Retail Sales, Fed’s Williams on BTV; 10:00ET Business Inventories, NAHB Housing Market Index US RETAIL SALES INCREASED 0.7% IN MARCH; EST. 0.4% TODAY’S HIGHLIGHTS and News: IRS has paid $580mm this year to auto dealers as reimbursement for EV tax credit […]
TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES: 8:30ET Import – Export Price Indexes; 9:00ET Fed’s Collins on Bloomberg TV; 10:00ET U. of Michigan Sentiment; 1:00ET Fed’s Schmid speaks; 2:30ET Fed’s Bostic speaks; 3:30ET Fed’s Daly speaks at 2024 Fintech Conference TODAY’S HIGHLIGHTS and News: Taylor Swift reinstates her music on TikTok […]
Danny’s View: MSFT, GOOGL Put Rally To The Test