Morning Notes – Monday August 5, 2019

Directional Bias For The Day: S&P Futures are sharply lower The odds are for a down – watch for break above 2895.25 for change of fortune Key economic data due: Final Service PMI (4est. 52.2; prev. 52.2) at 9:45 AM ISM Non-Manufacturing OMI (est. 55.5; prev. 55.1) at 10:00 AM Markets Around The World Markets…

Morning Notes – Tuesday July 3, 2018

Directional Bias For The Day: S&P Futures are higher; trending up since 3:30 AM on July 2; Risk-on day Odds are for an up day – watch for break below 2726.50 for change of fortune No key economic data due: Markets Around The World Markets in the East closed mostly up – Hong Kong and Tokyo were down European markets are lower Currencies:…

Morning Notes – Tuesday February 13, 2018

Directional Bias For The Day: S&P Futures are lower; mostly moving sideways since 2:30 AM Odds are for a sideways day but with elevated levels of volatility – watch for break above 2648.75 and break below 2636.25 for a change of fortunes No Key economic data due: Markets Around The World Markets in the East were mostly up – Tokyo was down; Mumbai…

Morning Notes – Friday December 8, 2017

Directional Bias For The Day: S&P Futures are higher; moving up since 2:30 AM on December 6 Odds are for an up day  – watch for break below 2643.00 Key economic data due: Non-Farm Employment Change (+228K vs. +198K est.) at 8:30 AM Average Hourly Earnings (0.2% vs. 0.3% est.) at 8:30 AM Unemployment Rate (4.1% vs. 4.1% est.) at 8:30 AM Markets Around The World Markets…

Morning Notes – Friday December 1, 2017

Directional Bias For The Day: S&P Futures are lower Moving higher after dropping to 2631.25 at 5:30 AM along with European markets Odds are for a sideways to down day – watch for break above 2645.75 and 2651.50 Key economic data due: ISM Manufacturing PMI (est. 58.4) at 10:00 AM Markets Around The World Markets in the East closed mixed – Shanghai, Tokyo and Sydney were up; Hong Kong,…

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