Morning Notes – Friday, December 6, 2024

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.…

Morning Notes – Thursday, December 5, 2024

Directional Bias for the Day: S&P Futures are lower at 8:45 AM. The futures have been moving within a narrow range between 6099.25 and 6091.25. Odds are for a sideways to a down day. Watch for a break above 6099.25 for clarity. The notable economic data due during the day: Challenger Job Cuts (26.8%; prev.…

Morning Notes – Wednesday, December 4, 2024

Directional Bias for the Day: S&P Futures are higher at 9:00 AM. The futures have been trending up since 11:340 AM on Tuesday and are up more than 35 points. Odds are for an up day. Watch for a break below 6075.00 and 5068.75 for a change of sentiments. The notable economic data due during…

Morning Notes – Tuesday, December 3, 2024

Directional Bias for the Day: S&P Futures are a little lower at 9:00 AM. Moving sideways to down between 6068.50 and 6050.00. Odds are for a sideways to a down day. Watch for a break above 6068.50 for a change of sentiments. The notable economic data due during the day: JOLTS Job Openings (7.51M est.;…