Morning Notes – Wednesday April 28, 2021

Directional Bias For The Day: S&P Futures are unchanged The odds are for a sideways day – watch for a break above 4186.00  and a break below 4175.75 for clarity Key economic data report due during the day: Good Trade Balance ( -90.6B vs. -88.2B est.; prev. -87.1B) at 8:30 AM Prelim Wholesale Inventories (…

Morning Notes – Tuesday April 27, 2021

Directional Bias For The Day: S&P Futures are higher The odds are for a sideways to an up day – watch for a break above 4186.75  and a break below 4176.25 for clarity Key economic data report due during the day: HP ( 1.0% est.; prev. 1.0%) at 9:00 AM S&P/CS Composite-20 HPI ( 11.8%…