Morning Notes – Friday, July 15, 2022

Directional Bias For The Day: S&P Futures are higher at 9:00 AM; moved up more than 40 points since 8:30 AM after the release of the retail sales report The odds are for an up day with elevated volatility – watch for a break below 3811.75 for a change of sentiments The key economic data…

Morning Notes – Thursday, July 14, 2022

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; moving sideways to down since 4:30 AM The odds are for a down day with elevated volatility – watch for a break above 3769.25 for a change of sentiments The key economic data report due during the day: PPI ( 1.1% vs. 0.8%…

Morning Notes – Wednesday, July 13, 2022

Directional Bias For The Day: S&P Futures are lower at 9:00 AM; declined more than 100 points from the high before the CPI report at 8:30 AM The odds are for a down day with elevated volatility – watch for a break above 3793.25 The key economic data report due during the day: CPI (…

Morning Notes – Tuesday, July 12, 2022

Directional Bias For The Day: S&P Futures are a bit lower at 9:00 AM; moving up since 3:30 AM – up almost 30 points The odds are for an up day with elevated volatility – watch for a break below 3834.00 for a change of sentiments No key economic data report due during the day:…