Directional Bias For The Day: S&P Futures are higher; moving up from a low of 2798.25 since 12:30 PM on July 30; near a resistance level Odds are for a sideways to up day, with high volatility – watch for break above 2811.75 and below 2804.75 for clarity Key economic data due: Core PCE Price Index (0.1% vs. 0.1%…

Directional Bias For The Day: S&P Futures are unchanged to down; moving up from a low of 2806.50 since 10:30 PM on Sunday Odds are for a sideways to up day, with high volatility – watch for break above 2821.25 and below 2812.50 for clarity No key economic data due: Markets Around The World Markets in the East closed mostly…

Directional Bias For The Day: S&P Futures are higher; moving sideways to up since 6:00 PM on Wednesday in a narrow range Odds are for a sideways to up day – watch for break above 2845.50 and below 2839.00 for clarity Key economic data due: Advanced GDP (4.1% vs. 4.2% est.) at 8:30 AM Advanced GDP Price Index (3.0% vs.…

Directional Bias For The Day: S&P Futures are lower; moving sideways since 6:00 PM on Wednesday in a narrow range Odds are for a sideways to down day – watch for break above 2841.25 and below 2833.50 for clarity Key economic data due: Durable Goods (1.0% vs. 3.0% est.) at 8:30 AM Core Durable Goods (0.4% vs. 0.5% est.) at 8:30…

Directional Bias For The Day: S&P Futures are lower; in the middle of an ascending triangle between 2822.00 and 2812.00 since 1:00 PM on July 24 Odds are for a sideways day – watch for break above 2822.00 and below 2812.00 for clarity No key economic data due: Markets Around The World Markets in the East closed mostly higher – Sydney…

Directional Bias For The Day:   S&P Futures are higher; moving up from a low of 2792.50 at 10:00 PM on Sunday; Odds are for an up day – watch for break below 2811.00 for change of fortune No key economic data due: Markets Around The World Markets in the East closed higher European markets are higher Currencies: Up Down EUR/USD GBP/USD…

Directional Bias For The Day: S&P Futures are down; moved up from a low of 2792.50 at 10:00 PM on Sunday; Odds are for a down-to-sideways day – watch for break above 2802.50 and break below 2797.oo for clarity Key economic data due: Existing Home Sales (5.38M vs. 5.46M est.) at 10:00 AM Markets Around The World Markets in…

Directional Bias For The Day: S&P Futures are down; moved up from a low of 2793.00 at 6:00 AM;  resuming the downtrend at 8:00 AM Odds are for a down day – watch for break above 2802.75 for change of fortune No key economic data due: Markets Around The World Markets in the East closed mostly up – Tokyo was down European markets…

Directional Bias For The Day: S&P Futures are down; drifting down since 10:30 PM on July 18 Odds are for a down day – watch for break above 2812.75 for change of fortune Key economic data due: Philly Fed Manufacturing Index (25.7 vs. 21.6 est.) at 8:30 AM Unemployment Claims (207K vs. 220K est.) at 8:30 AM Markets Around The World Markets in the East closed mostly down – Sydney was up European…

Directional Bias For The Day: S&P Futures are down; drifting down since 8:00 PM on July 17 Odds are for a sideways to up day – watch for break above 2813.75 and below 2807.75 for clarity Key economic data due: Building Permits (1.27M vs. 1.33M est.) at 8:30 AM Housing Starts (1.17M vs. 1.32M est.) at 8:30 AM Markets Around The World Markets in the East…