Morning Notes – Monday, February 28, 2022

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; moved up more than 70 points from the 9:45 PM low of 4258.50 The odds are for a down day with elevated volatility; watch for a break above 4342.25 and 4353.25 for a change of sentiments Key economic data report due during the…

Morning Notes – Friday, February 25, 2022

Directional Bias For The Day: S&P Futures are higher at 8:30 AM; moved up more than 80 points from the 3:30 AM low of 4227.50 The odds are for an up day with elevated volatility; watch for a break below 4284.50 for a change of sentiments Key economic data report due during the day: Core…

Morning Notes – Thursday, February 24, 2022

Directional Bias For The Day: S&P Futures are lower at 8:30 AM; moving sideways  to down since 10:00 PM The odds are for a down day with elevated volatility; watch for a break above 4164.00 for a change of sentiments Key economic data report due during the day: Prelim GDP ( 7.0% vs. 7.0% est.;…

Morning Notes – Wednesday, February 23, 2022

Directional Bias For The Day: S&P Futures are higher 8:45 AM; moving sideways to up since 4:00 PM; The odds are for an up day with elevated volatility; watch for a break below 4315.75 for a change of sentiments No key economic data report due during the day: Directional Bias Before Open: Weekly: In Correction…

Morning Notes – Friday, February 18, 2022

Directional Bias For The Day: S&P Futures are lower 8:45 AM; declining since 11:45 PM; dropped more than 25 points from 8:00 AM The odds are for a down day with elevated volatility; watch for a break above 4399.75 for a change of sentiments Key economic data report due during the day: Existing Home Sales…

Morning Notes – Thursday, February 17, 2022

Directional Bias For The Day: S&P Futures are lower 9:00 AM; declined more than 20 points since 8:00 AM The odds are for a down day with elevated volatility; watch for a break above 4464.25 for a change of sentiments Key economic data report due during the day: Philly Fed Manufacturing Index ( 16.0 vs.…

Morning Notes – Wednesday, February 16, 2022

Directional Bias For The Day: S&P Futures are lower 8:00 AM; moving sideways to up since 6:30 AM on Tuesday within a 40-point range The odds are for a sideways to an up day with elevated volatility; watch for a break above 4483.00 and a break below 4436.00 for clarity Key economic data report due…

Morning Notes – Tuesday, February 15, 2022

Directional Bias For The Day: S&P Futures are higher 7:45 AM; higher by 80 points since 2:45 AM The odds are for an up day with elevated volatility; watch for a break below 4436.00 for a change of sentiments Key economic data report due during the day: PPI ( 0.5% est.; prev. 0.2%) at 8:30…

Morning Notes – Friday, February 11, 2022

Directional Bias For The Day: S&P Futures are higher 8:45 AM; advanced more than 50 points since 12:45 AM The odds are for an up day with elevated volatility; watch for a break below 4484.25v and 4467.00 for a change of fortunes Key economic data report due during the day: Prelim UoM Consumer Sentiments (…

Morning Notes – Thursday, February 10, 2022

Directional Bias For The Day: S&P Futures are lower 8:30 AM; declined more than 40 points since the release of the CPI report at 8:30 AM The odds are for a down day with elevated volatility; watch for a break above 4577.50 for a change of fortunes Key economic data report due during the day:…