Morning Notes – Thursday December 3, 2020

Directional Bias For The Day: S&P Futures are little changed; The odds are for a sideways day – watch for the break above 3674.50 and the break below 3642.25 for clarity Key economic data report: Unemployment Claims ( 712K vs. 775K est.; prev. 787K) at 8:30 AM Final Services PMI (57.5 est.; prev. 57.7) at…

Morning Notes – Wednesday December 2, 2020

Directional Bias For The Day: S&P Futures are lower; The odds are for a sideways to down day – watch for the break above 3657.25 and the break below 3642.50 for clarity Key economic data report: ADP Non-Farm Employment Change ( 307K vs. 433K est.; prev. 404K) at 8:15 AM Fed Chair Powell Testifies at…

Morning Notes – Tuesday December 1, 2020

Directional Bias For The Day: S&P Futures are higher; The odds are for an up day with a good chance of sideways to down move from pre-open levels around 3660.00 – watch for the break above 3664.50 and the break below 3646.00 for clarity Key economic data report: Final Manufacturing PMI ( 56.7 est.; prev.…