Call toll-free 800.328.1267
Click here to register for the webinar. S&P 500 overview: Hits resistance at January downgap Failed breakout → Risk of bearish phase. SPX bearish harami on Thursday, July 26. Remember we've been up 4 straight weeks. 2700 may be key level on SPX: Trendline, pivot,...
An exceptionally busy week begins with more earnings, global interest rate meetings and political news with economic repercussions. The only economic report of the day comes at 10 a.m. ET, when the National Association of Realtors issues its June report on pending...
Report Notes: GDP may have been soft in Q1, but today’s report shows a big second quarter. Consumer spending drove GDP higher in the second quarter, to a 4.1 percent annualized. At 10 a.m. ET, the University of Michigan will issue its final July consumer sentiment...
Government Report Notables: Key pieces for tomorrow's GDP report will be released today: capital goods shipments in the durable goods report, cross-border goods trade as well as wholesale and retail inventories. Jobless claims remain very low in confirmation that...
Don’s Notebook July 25, 2018 Today’s direction indicators are largely impartial. Housing data have been mostly flat to weak. New home sales, however, have been the backbone for what is otherwise a mixed housing sector. HUD will release its June report on New Home...
Futures were higher this morning ahead of the busiest week of earnings season. The Dow has a three-day losing streak, but the S&P 500 is coming off its first gain in three days and the Nasdaq saw its first gain in four sessions Monday. Government Report Notes:...
The National Association of Realtors reports Existing-Home Sales data today and forecasters are calling for a consensus of 5.440 million annualized rate in June vs 5.430 million in May. Overnight Notes: The MSCI Asia Pacific Index rose 0.1 percent Japan’s Topix index...
Economic Notes: There are no economic reports on today’s calendar, but there is one Fed official speaking — St. Louis Fed President James Bullard, who has a morning speech in Glasgow, Kentucky. Bullard is not a voting member of the FOMC for 2018. G-20 finance...
After positive comments on the economy yesterday, Federal Reserve Chair Jerome Powell will have a second day of testimony in Washington starting at 10am ET as he sits with the House Financial Services Committee. In an unexpected downturn, housing starts as well as...
Last week we highlighted a rare green shoot in housing. Today it might have sprouted a little higher. Homebuilders, believe it or not, are the best-performing industry among dozens available on TradeStation's ever-useful RadarScreen comparison tool. Click here for a...