Morning Notes – Wednesday February 3, 2021

Directional Bias For The Day: S&P Futures are higher; The odds are for an up to sideways day – watch for a break above 3843.50 and break below 3813.75 for clarity Key economic data report due during the day: ADP Non-Farm Employment Change ( 174K vs. 48K est.; prev. -78K) at 8:15 AM Final Services…

Morning Notes – Tuesday February 2, 2021

Directional Bias For The Day: S&P Futures are higher; The odds are for an up day with high volatility; good chance of sideways to down move from pre-open levels around 3795.00 – watch for a break below 3781.00 and break above 3804.00 for clarity Key economic data report due during the day: IBD/TIPP Economic Optimism…

Morning Notes – Monday February 1, 2021

Directional Bias For The Day: S&P Futures are higher; The odds are for an up day with high volatility; good chance of sideways to down move from pre-open levels around 3735.00 – watch for a break below 3715.25 and break above 3751.50 for clarity Key economic data report due during the day: ISM Manufacturing PMI…