Morning Notes – Monday, January 8, 2024

Directional Bias for the Day: S&P Futures are higher at 9:00 AM – moving up since 4:30 AM – up more than 25 points from a low of 4715.25. The odds are for an up day – watch for a break below 4729.25 for a change of sentiments. No major economic data report is due…

Morning Notes – Thursday, January 4, 2024

Directional Bias for the Day: S&P Futures are a tad lower at 8:00 AM – moving within a trading range between 4757.00 and 4741.00 since 3:45 PM. The odds are a sideways to a down day – watch for a break above 4757.00 or a break below 4741.00 for clarity. The major economic data reports…

Morning Notes – Wednesday, January 3, 2024

Directional Bias for the Day: S&P Futures are lower at 8:00 AM – moving down since 6:00 PM – down more than 20 points to around 4767.00. The odds are a down day – watch for a break above 4780.00 for a change of sentiments. The major economic data reports due during the day: ISM…

Morning Notes – Tuesday, January 2, 2024

Directional Bias for the Day: S&P Futures are lower at 8:45 AM – moving down since 3:30 AM – down more than 45 points to around 4782.00. The odds are a down day – watch for a break above 4796.75 for a change of sentiments. The major economic data reports due during the day: Final…