Directional Bias for the Day: S&P Futures are lower at 9:00 AM. They have been trending down since 9:30 AM on Thursday and have declined more than 140 points. However, they have been bouncing since 7:00 AM, gaining more than 40 points. Odds are for a down day with a good chance of sideways to…
Directional Bias for the Day: S&P Futures are higher at 9:00 AM. They have been drifting sideways to higher since 4:00 PM on Wednesday and are up more than 80 points from the lows. Odds are for an up day with a good chance of sideways to a down move from the pre-open level around…
Directional Bias for the Day: S&P Futures are higher at 8:15 AM. They have been drifting higher since 6:00 PM on Tuesday and are up more than 30 points. Odds are for an up day. Watch for a break above 6055.75 for a change in sentiments. The notable economic data due during the day: Building…
Directional Bias for the Day: S&P Futures are lower at 8:45 AM. They have been moving down since 1:30 PM on Monday and are down more than 30 points. Odds are for a down day. Watch for a break above 6068.00 for a change in sentiments. The notable economic data due during the day: Retail…
Directional Bias for the Day: S&P Futures are higher at 9:00 AM. They have been moving up since 4:15 PM on Friday and are up more than 30 points. Odds are for an up day with a good chance of a sideways to down move from the pre-open levels around 6075.00. Watch for a break…
Directional Bias for the Day: S&P Futures are higher at 9:00 AM. They have been moving up since 4:15 PM on Thursday and are up more than 20 points after gaining more than 30 points. Odds are for a sideways to a down day from the pre-open levels around 6080.00. Watch for a break above…
Directional Bias for the Day: S&P Futures are lower at 9:00 AM. They have been trading between 6086.00 and 6071.75. Odds are for a sideways to a down day. Watch for a break above 6086.00 and 6098.50 for clarity. The notable economic data due during the day: ECB Main Financing Rate (3.15% vs. 3.15% est.;…
Directional Bias for the Day: S&P Futures are higher at 8:30 AM following the release of CPI data. They have broken above a trading range between 6052.00 and 6039.75. Odds are for a sideways to an up day. Watch for a break below 6039.75 for clarity. The notable economic data due during the day: CPI…
Directional Bias for the Day: S&P Futures are a little changed at 8:45 AM. The futures have been moving sideways between 6071.25 and 6057.50. Odds are for a sideways to a down day. Watch for a break above 6071.25 and 6083.25 for clarity. The notable economic data due during the day: Revised Nonfarm Productivity (2.2%…
Directional Bias for the Day: S&P Futures are higher at 8:45 AM. The futures have been moving sideways between 6096.25 and 6080.00. Odds are for a sideways to a down day. Watch for a break above 6096.25 for clarity. The notable economic data due during the day: Non-Farm Employment Change (227K vs. 218K est.; prev.…
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