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 Post subject: December 1st Friday Trade Results - Profits $22212.50
PostPosted: Fri Dec 01, 2017 7:54 pm 
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Joined: Sat Jan 10, 2009 2:06 pm
Posts: 4335
Location: Canada
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Price Action Trade Results of M.A. Perry
Trader and Founder of WRB Analysis (wide range body/bar analysis)
TheStrategyLab Price Action Trading (no technical indicators)
wrbtrader (more info about me): http://www.thestrategylab.com/wrbtrader.htm
Free Chat Room: http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164
Archive Real-Time Chat Logs (timestamp, entries/exits, position size): http://www.thestrategylab.com/ftchat/forum/viewforum.php?f=20
Accolades (Testimonials): http://www.thestrategylab.com/Accolades.htm
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Price Action Trading: http://www.thestrategylab.com/price-action-trading.htm
TheStrategyLab Business Hours: 8am - 5pm est (Mon - Fri)
Telephone: +1 708 572-4885
wrbanalysis@gmail.com (24/7)
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Twitter @ http://twitter.com/wrbtrader (24/7)

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click on the above image to view today's performance verification

Price Action Trade Performance for Today: Emini RTY ($RTY_F) futures @ $0.00 dollars or +0.00 points, Emini ES ($ES_F) futures @ $22,212.50 dollars or +444.25 points, Light Crude Oil CL ($CL_F) futures @ $0.00 dollars or +0.00 points, Gold GC ($GC_F) futures @ $0.00 dollars or +0.00 points and EuroFX 6E ($6E_F) futures @ $0.00 dollars or +0.0000 ticks. Total Profit @ $22,212.50 dollars

Russell 2000 Emini RTY Futures: 1 tick or 0.10 = $5.00 dollars and there's more contract information @ CMEGroup (formerly as TF @ The ICE)
S&P 500 Emini ES Futures: 1 tick or 0.25 = $12.50 dollars and there's more contract information @ CMEGroup
Light Crude Oil CL (WTI) Futures: 1 tick or 0.01 = $10.00 dollars and there's more contract information @ CMEGroup
Gold GC Futures: 1 tick or 0.10 = $10.00 dollars and there's more contract information @ CMEGroup
EuroFX 6E Futures: 1 tick or 0.0001 = $12.50 dollars and there's more contract information @ CMEGroup

Today's Trade Log & Price Action Analysis is archived @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=174&t=2709

All of my trades are posted real-time at the above link for today's archive chat log in the timestamp ##TheStrategyLab free chat room via the user name wrbtrader for anyone to do a real-time review (you must be a member of the chat room for a real-time review). Although the trades and price action analysis are posted by me and other users of WRB Analysis in real-time...this is not a signal calling chat room nor is this a live trading room that has a head trader telling you what to do. I'm the moderator (I keep the peace between members) and my own live trades are posted within 3.2 seconds on average after the trade confirmation in my broker trade execution platform via an auto script to minimize delays in posting of my trades. You can review today's price action trade journal about my trades (e.g. time, price entry, contract size, price exit, market analysis) at the above price action trading chat log link as each trade traversed to its completion. In addition, sometimes I'll post real-time trading tips in the free ##TheStrategyLab chat room involving WRBs, WRB Hidden GAPs, Key Market Events (KME), WRB Zones, Reaction Highs/Lows, Contracting Volatility or Expanding Volatility...all key concepts from the WRB Analysis free study guide even though the free chat room is not design to be an education chat room because the education is only performed at the forums in the private threads.

Quote:
2017 has been the most difficult trading year since I've begun trading +25 years ago because successful trading involves more than just trade methods than any other trading year. This is a key concept many traders have difficulties in understanding. Some blame it on algorithms while I blame it on the inability to adapt, failure to backtest, failure to document trades (real-money or simulator) and underestimating how our environment influences our cognitive decision making while trading...all while trading in low volatility market conditions that statistically have the reputation for difficult trading.

Image ##TheStrategyLab Chat Room is free. The free chat room is not a signal calling trading room nor is it a live trading room with a head trader even though members of the chat room are posting their trades & market analysis in real-time. I do not mentor (never have) although I get many requests to do mentoring. There is education but only in members private threads at the forum involving members asking questions (help) about their own trading. Thus, the primary purpose of TheStrategyLab free chat room is for you to use as your trade journal so that you can use as valuable feedback about your own trading and for members to help each other...as in more eyes on the market. In addition, we highly recommend that you use the free chat room with a professional trade journal software like tradebench.com, edgewonk.com, tradervue.com, tradingdiarypro.com, stocktickr.com, journalsqrd.com, tradingdiary.pro, mxprofit.com or trademetria.com because they can provide you with the quantitative statistical analysis of your trading. You can then download your results and post them in your private thread at the forum.

Also, you can use TheStrategyLab free chat room to ask real-time WRB Analysis questions. Yet, please do not post your quantitative statistical analysis, brokerage statements in the free chat room. Instead, its highly recommended that you only post that particular information in your private thread for security reasons. Yet, if you want to post that type of information at another website, blog or chat room...that's your choice.

TheStrategyLab free chat room is on IRC via users request because the IRC servers are located in many different countries, software in many different languages, many different mobile apps, many different types of social media software can be used to log in along with IRC being easier to moderate via script codes when trouble makers, spammers and trolls show up. I'm the moderator of the free chat room via the user name wrbtrader. Thus, I keep the peace between members without hesitation in removing problematic traders so that members can peacefully post their market observations, trades, WRB Analysis commentary about the markets without being trolled or harassed.

TheStrategyLab free chat room is not for traders looking for someone to hold their hands and tell them when to buy or sell nor do we allow the free chat room to be used for mentoring because we do not offer a mentoring service. The purpose of TheStrategyLab is for you to post your real-time analysis or trades so that you can review as feedback for any trading day to provide valuable information about the results in your broker statements. If you join the free chat room and then you decide to not post any WRB Analysis about the price action or you decide to not post your trades or you decide to be silent (lurk without saying a word about today's markets)...you're not using the free chat room properly to help improve your trading.

In fact, we do not want silent (lurkers) traders to join the free chat room unless they are actively posting at the forum about their trading after the markets close. Access instructions for the free chat room @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164

Quote:
All of my real-time posted trades involves price action concepts from the WRB Analysis free study guide, Advance WRB Analysis Tutorial Chapters 4 - 12 and the Volatility Trading Report (VTR) trade signal strategies. Yet, I'm always backtesting new concepts of WRB Analysis, new trade entry rules, new trade management rules, new position size management rules before application in real money trades (small position size trades) to adapt to changed market conditions prior to large position size trades or sharing the new concepts with fee-base clients...living up to the name of my website. TheStrategyLab.

Also, posted below for you to review are direct links to information about my price action trade methodology and trading plan (there's a difference between the two) that enables me to identify key trading areas in the price action that represent changes in supply/demand and volatility along with being able to exploit these changes via WRB Analysis (wide range body/bar analysis). I'm primarily a day trader because it suits my personal lifestyle but I do occasionally swing trade and position trade. Simply, my trade method is applicable for position trading, swing trading and day trading.

Image Price Action Analysis via Advance WRB Analysis Tutorial Chapters @ http://www.thestrategylab.com/WRBAnalysisTutorials.htm and there's a free study guide of the WRB Analysis Tutorial Chapters 1, 2 and 3 @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=119&t=718

Analysis -----> Trade Signals

Image Trade Signal Strategies via Volatility Trading Report (VTR) @ http://www.thestrategylab.com/VolatilityTrading.htm and there's a free trade signal strategy @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=89 so that you can freely test drive one of our price action trade strategies with support (answering your questions) prior to purchasing the Volatility Trading Report (VTR). All WRB Analysis Tutorial Chapters 1 - 12 are included in the purchase of the Volatility Trading Report (VTR).

Image Daily Trading Plan Routine @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=335&t=3584 contains brief information about trading plan, market context, brokers, trading time frames, position size management and other discussions.

-----------------------------

Market Context Summaries

The below summaries by Bloomberg, Briefing, Reuters and Yahoo! Finance helps me to do a quick review of the fundamentals, FED/ECB/BOE/IMF actions or any important global economic events (e.g. Eurozone, MarketWatch.com) that had an impact on today's price action in many trading instruments I monitor during the trading day. Simply, I'm a strong believer that key market events causes key changes in supply/demand and volatility resulting in trade opportunities (swing points and strong continuation price actions) that reach profit targets. Thus, I pay attention to these key market events, intermarket analysis (e.g. Forex EurUsd, EuroFX 6E futures, Gold GC futures, Light Crude Oil (WTI) CL & Brent Oil futures, Eurex DAX futures, Euronext FTSE100 futures, Emini ES futures, Emini RTY futures, Treasury ZB futures and U.S. Dollar Index futures) while using WRB Analysis from one trade to the next trade to give me the market context for price action trading before the appearance of my technical analysis trade signals. Therefore, I maintain these archives for easy review to allow me to understand what was happening on any given trading day in the past involving key market events to help better understand my trade decisions (day trading, swing trading, position trading)...something I can not get from my broker PnL statements alone. Further, most financial websites remove (delete) their archives after a few years to make room for new content. Therefore, I maintain my own archives of the news content so that I have it available for me when financial websites no longer archives their content.

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click on the above image to view today's price action of key markets

The Market at 04:30PM ET
Dow: -40.76… | Nasdaq: -26.39… | S&P: -5.36…
NASDAQ Vol: ---… Adv: 986… Dec: 917…
NYSE Vol: 972.0 mln… Adv: 1538… Dec: 1444…

Moving the Market

Former National Security Advisor Michael Flynn is reported to be willing to testify against President Donald Trump

Senate parliamentarian ruling puts tax vote in question, but Senate Majority Leader Mitch McConnell (R-KY) says GOP has enough support to pass the bill

Sector Watch
Strong: Financials, Energy, Consumer Staples, Telecom Services, Real Estate
Weak: Industrials, Materials, Technology

04:30PM ET

[BRIEFING.COM] U.S. equities trimmed weekly gains on Friday, but the prospect of tax reform helped keep losses in check.

The Dow Jones Industrial Average and the S&P 500 slipped 0.2% apiece, while the tech-heavy Nasdaq dropped 0.4%. For the week, the Dow and the S&P 500 added 2.9% and 1.5%, respectively, while the Nasdaq finished with a weekly loss of 0.6%.

Investors were cautious about the state of tax reform coming into Friday's session after the Senate parliamentarian ruled against a fiscal trigger within the Senate's tax reform bill. The trigger would have increased taxes in the future if economic growth failed to make up for lost tax revenue and was incorporated to appease deficit concerns among several GOP Senators.

The ruling forced the Senate to delay its vote, which was originally expected to occur late Thursday or early Friday, as the GOP scrambled to make changes to the bill. In the meantime, the market became preoccupied with a different headline.

In the late morning, former National Security Advisor Michael Flynn pleaded guilty to lying to the FBI about his contacts with a Russian ambassador to the United States and agreed to cooperate with Special Counsel Robert Mueller's team, which is investigating Russia's alleged interference in the 2016 presidential election.

However, the focus was more on an ABC report, which claimed that Mr. Flynn is willing to testify against President Donald Trump. This headline reignited fears about a potential impeachment and sent the major U.S. indices sharply lower. At its worst mark of the day, the S&P 500 held a loss of 1.6%.

Stocks began retracing losses pretty quickly, however, as the focus returned to the Senate's tax reform bill, which Senate Majority Leader Mitch McConnell (R-KY) said has enough support to pass. The official vote is expected to occur sometime Friday evening, but the timing remains fluid.

Five of eleven sectors finished Friday in the red, with industrials (-1.2%) and technology (-0.6%) showing particular weakness. On the flip side, the energy sector (+0.8%) was the top performer, underpinned by an increase in the price of crude oil; WTI crude futures climbed 1.7% to $58.36 per barrel.

In the bond market, U.S. Treasuries ended the week on a higher note, sending yields lower across the curve. The yield on the benchmark 10-yr Treasury note dropped six basis points to 2.36%, while the 2-yr yield finished lower by two basis points at 1.77%.

Elsewhere, equity indices in the Asia-Pacific region finished Friday mixed, with Japan's Nikkei (+0.4%) showing relative strength, while European stocks settled broadly lower, evidenced by the Euro Stoxx 50, which lost 1.2%.

Reviewing Friday's economic data, which was limited to the ISM Manufacturing Index for November and the Construction Spending Report for October:

The ISM Index for November declined to 58.2 from an unrevised reading of 58.7 in October, while the Briefing.com consensus expected a reading of 58.3.
While growth decelerated from the prior month, the key takeaway from the report is that manufacturing activity is still running at a brisk pace. To that end, the indexes for new orders and production both increased month-over-month and the 58.2 reading for the PMI is above the 12-month average of 57.1.
The Construction Spending report for October rose 1.4%, while the Briefing.com consensus expected an increase of 0.5%. The prior month's increase was left unrevised at 0.3%.
The key takeaway from the report is that overall construction spending growth remains modest and an inhibitor of stronger real GDP growth.

On Monday, investors will receive just one economic report--October Factory Orders--which will be released at 10:00 ET.

Nasdaq Composite +27.2% YTD
Dow Jones Industrial Average +22.6% YTD
S&P 500 +18.0% YTD
Russell 2000 +13.3% YTD

Week In Review: Bullish Ahead of Senate Tax Vote

U.S. equities advanced this week, fueled by the prospect of a tax overhaul.

The Dow led the charge, moving higher by 2.9%, followed from a distance by the S&P 500 and the Russell 2000, which added 1.5% and 1.2%, respectively. Meanwhile, the tech-heavy Nasdaq declined 0.6% as technology stocks fell to some profit taking following a big year-to-date run.

Investors kept an eye on Washington throughout the week, awaiting the Senate's vote on its version of a tax reform bill. Things appeared to be progressing nicely as the bill made it's way through the Senate Budget Committee on Tuesday and Senator John McCain (R-AZ) voiced his support for the measure on Thursday.

However, the effort hit a bump in the road on Thursday evening when the Senate parliamentarian ruled that a revenue trigger within the bill--which would have raised taxes in the future if economic growth failed to make up for lost tax revenue--is not allowed under Senate rules.

The trigger was a key provision for several GOP Senators who are concerned about the tax overhaul's potential impact on the national debt.

Senate Majority Leader Mitch McConnell (R-KY) suggested on Friday afternoon that a compromise to appease the aforementioned debt concerns had been reached, saying that the GOP has enough votes to pass the bill. However, an official vote has yet to take place.

The Senate's promising progress on tax reform largely fueled this week's rally, but equities also received support from Jerome Powell's Fed Chair confirmation hearing, which took place on Tuesday. Mr. Powell's comments were largely in line with the Fed's current policy rhetoric, but he did sound a little more lax in the area of regulation.

There were a few developments that worked against the bulls this week, perhaps the most notable of which was former National Security Advisor Michael Flynn's plea deal with Special Counsel Robert Mueller's team--which is investigating Russia's alleged interference in the 2016 U.S. presidential election.

Mr. Flynn pleaded guilty to lying to the FBI about his contacts with a Russian ambassador to the United States and agreed to cooperate with Mr. Mueller's investigation. An ABC report indicated that Mr. Flynn is willing to answer questions about President Donald Trump, which reignited fears about a potential impeachment.

Also, North Korea launched a ballistic missile on Tuesday that landed in the Sea of Japan--specifically in Japan's exclusive economic zone.

Nine of eleven sectors finished the week in positive territory. The top-performing sectors groups were telecom services (+6.7%), financials (+5.2%), industrials (+2.9%), and energy (+2.7%), while the weakest sectors were information technology (-2.0%) and real estate (-0.5%).

The energy sector rallied after OPEC and non-OPEC nations, including Russia, agreed on Thursday to extend their production cut agreement by another nine months, as expected. Meanwhile, West Texas Intermediate crude futures finished in the red for just the second time in eight weeks, dropping 1.0% to $58.36 per barrel.

Within the industrial sector, transports showed particular strength, pushing the Dow Jones Transportation Average higher by 5.9%.

Following this week's events, the CME FedWatch Tool still places the chances of a December rate hike at 100.0%.

Dow: -40.76… | Nasdaq: -26.39… | S&P: -5.36…

NASDAQ Adv/Dec 986/917. …NYSE Adv/Dec 1538/1444.

03:35PM ET

[BRIEFING.COM] Commodities end the day higher :

Overall, commodities, as measured by the Bloomberg Commodity Index, are currently up 0.31% at 85.7
Dollar index is currently down 0.18% at 92.88
Jan WTI Crude is up 1.64% on the day.
Futures settle $0.94 higher to $58.34/barrel.
In other energy, Jan Natural Gas settled up $0.03 at $3.06/MMBtu
On the metals:
Feb Gold gained $5.4 to settle at $1282.1/oz, while Mar silver lost $0.08 to $16.39/oz
Mar Copper gained $0.03 to $3.09/lb
Finally, agriculture:
Mar Corn settled unchanged at $3.59/bu.
Jan soy settled flat at $9.94/bu.
Mar wheat settled flat at $4.39/bu.


03:05PM ET

[BRIEFING.COM] The Dow and the S&P 500 are down 0.5% apiece, while the Nasdaq is lower by 0.8%. For the week, the S&P 500 is up 1.2%.

Moving into the final hour of trading, only two of eleven sectors are on track to finish with weekly losses--technology (-2.4% WTD) and real estate (-0.6% WTD). The telecom services (+6.4% WTD) and financials (+4.5% WTD) groups are the week's top performers, followed from a distance by industrials (+2.9% WTD).

Looking ahead to next week, investors will receive earnings from AutoZone (AZO 684.10, -2.66) on Tuesday, H&R Block (HRB 25.63, -0.31) and Broadcom (AVGO 270.11, -7.82) on Wednesday, and Dollar General (DG 87.77, -0.31) on Thursday, as well as the Employment Situation Report for November on Friday.

Dow: -104.68… | Nasdaq: -53.08… | S&P: -13.14…

NASDAQ Adv/Dec 857/1363. …NYSE Adv/Dec 1261/1690.

02:25PM ET

[BRIEFING.COM] Equity indices have not changed since the last update.

Transports have had a big week overall, but are trading behind the broader market in today's session, evidenced by the Dow Jones Transportation Average (-1.0%). Within the DJTA, airlines like Alaska Air (ALK 66.94, -2.23) and American Airlines (AAL 49.30, -1.20) are among the weakest performers, showing respective losses of 3.2% and 2.4%.

For the week, the DJTA is still higher by 5.7%.

Dow: -78.65… | Nasdaq: -39.29… | S&P: -9.41…

NASDAQ Adv/Dec 906/1346. …NYSE Adv/Dec 1319/1630.

02:00PM ET

[BRIEFING.COM] The major averages are trading at their best marks of the afternoon, but still hold losses ranging between 0.4% and 0.6%.

Eight sectors are trading in the red--industrials (-1.1%), technology (-0.9%), materials (-0.8%), utilities (-0.5%), health care (-0.4%), financials (-0.2%), real estate (-0.2%), and consumer discretionary (-0.1%)--while three are trading in the green--consumer staples (unch), telecom services (+0.2%), and energy (+0.9%).

In the bond market, U.S. Treasuries are rallying in a curve-flattening trade. The yield on the benchmark 10-yr Treasury note is down six basis points at 2.36%, while the 2-yr yield is lower by one basis point at 1.78%.

Dow: -81.43… | Nasdaq: -42.12… | S&P: -9.97…

NASDAQ Adv/Dec 899/1365. …NYSE Adv/Dec 1312/1632.

01:30PM ET

[BRIEFING.COM] The major averages continue hovering near their rebound highs with the S&P 500 remaining lower by 0.4% while the Nasdaq (-0.7%) underperforms.

Relative weakness in the Nasdaq has been a recurring theme this week, putting the tech-heavy index on track to surrender 1.0% for the week. This makes for a stark contrast with the other indices, considering the S&P 500 has jumped 1.2% this week while the price-weighed Dow Jones Industrial Average has spiked 2.6% since last Friday.

Nine of eleven S&P 500 sectors are on track to post weekly gains with telecom services (+6.3%) and financials (+4.7%) sitting comfortably atop this week's leaderboard while other outperforming groups like industrials (+3.0%) and energy (+2.8%) trail the two leaders by a significant margin.

On the downside, the technology sector is on pace to lose 2.4% for the week, but the largest sector by weight is still up 35.6% for the year. The second-best performing sector of the year-health care (-0.5%)-is up 20.3% since the end of 2016.

Dow: -92.07… | Nasdaq: -48.60… | S&P: -11.20…

NASDAQ Adv/Dec 839/1473. …NYSE Adv/Dec 1244/1688.

01:05PM ET

[BRIEFING.COM] The stock market has been on a wild ride today amid a slew of reports related to the Senate's vote on tax reform and following news that former National Security Advisor Michael Flynn is prepared to answer questions about President Trump with respect to Special Counsel Robert Mueller's investigation into Russia's alleged interference in the 2016 presidential election.

Stocks are currently hovering in the middle of their wide trading ranges, with the S&P 500 showing a loss of 0.5%. The Dow (-0.4%) has held up slightly better, while the tech-heavy Nasdaq (-0.7%) underperforms, extending its weekly loss to 1.0%.

Small caps have shown relative weakness, pushing the Russell 2000 lower by 1.5%.

Today's narrative really began on Thursday evening, when the Senate decided to delay its tax reform vote after the Senate parliamentarian ruled that a fiscal trigger--which, in this case, was a provision within the bill to raise taxes in the future if the proposed tax overhaul fails to pay for itself through economic growth--is not allowed under Senate rules.

Support from GOP Senators concerned about an increase in the national debt was in question following the ruling. However, it appears that Republican leadership has since managed to tweak the bill enough to appease said Senators, with Senate Majority Leader Mitch McConnell (R-KY) claiming that the Senate has enough votes to pass the bill.

This is good news for the market, which has been banking on a tax overhaul for some time, but worries surrounding former National Security Advisor Michael Flynn's reported decision to answer questions about President Trump have won out thus far--leaving stocks broadly lower at midday.

As expected, Mr. Flynn plead guilty to lying to the FBI about his contacts with a Russian ambassador to the United States this morning.

10 of 11 sectors are trading in the red this afternoon, with energy (+1.0%) being the only exception. The energy group is rallying amid an increase in the price of crude oil; WTI crude futures are up 1.6%, trading at a price of $58.34 per barrel.

On the flip side, the industrial and technology sectors are the weakest groups, showing losses of 1.1% and 0.9%, respectively. Within the tech group, chipmakers have shown particular weakness, sending the PHLX Semiconductor Index lower by 1.9%.

U.S. Treasuries are rallying today, sending yields lower across the curve. The yield on the benchmark 10-yr Treasury note is down seven basis points at 2.35%, while the 2-yr yield is down two basis points at 1.77%.

Elsewhere, European equities finished Friday on a down note, sending the Euro Stoxx 50 lower by 1.2%, while indices in the Asia-Pacific region settled mixed.

Reviewing Friday's economic data, which was limited to the ISM Manufacturing Index for November and the Construction Spending Report for October:

The ISM Index for November declined to 58.2 from an unrevised reading of 58.7 in October, while the Briefing.com consensus expected a reading of 58.3.
While growth decelerated from the prior month, the key takeaway from the report is that manufacturing activity is still running at a brisk pace. To that end, the indexes for new orders and production both increased month-over-month and the 58.2 reading for the PMI is above the 12-month average of 57.1.
The Construction Spending report for October rose 1.4%, while the Briefing.com consensus expected an increase of 0.5%. The prior month's increase was left unrevised at 0.3%.
The key takeaway from the report is that overall construction spending growth remains modest and an inhibitor of stronger real GDP growth.

Dow: -99.58… | Nasdaq: -51.44… | S&P: -12.65…

NASDAQ Adv/Dec 778/1559. …NYSE Adv/Dec 1188/1746.

12:25PM ET

[BRIEFING.COM] Stocks have been trimming losses as of late after Senate Majority Leader Mitch McConnell (R-KY) announced that the Senate has enough votes to pass its version of a tax reform bill. The major stock indices have been on a wild ride today, but currently hover in the middle of their trading ranges.

The S&P 500 is lower by 0.7%, while the small-cap Russell 2000 underperforms, showing a loss of 1.5%.

Technology stocks are still relatively week, especially chipmakers, which have pushed the PHLX Semiconductor Index lower by 2.1%. The S&P 500's technology sector is down 1.2%, with names like Apple (AAPL 169.84, -2.01), Facebook (FB 174.38, -2.80), and Alphabet (GOOG 1006.01, -15.40) holding losses of more than 1.0%.

Dow: -120.96… | Nasdaq: -70.69… | S&P: -17.63…

NASDAQ Adv/Dec 713/1710. …NYSE Adv/Dec 1064/1850.

11:55AM ET

[BRIEFING.COM] The major averages have come up from their session lows, but still hold solid losses moving into the afternoon. The Dow is down 1.1%.

Within the blue-chip average, 28 of 30 components trade in the red, with 12 of 30 showing losses in excess of 1.0%. General Electric (GE 17.89, -0.39), Intel (INTC 44.00, -0.86), and Visa (V 110.38, -2.19) are the weakest performers, showing losses between 2.0% and 2.2%.

Meanwhile, Chevron (CVX 119.10, +0.11) is up 0.1% as WTI crude futures trade higher by 1.9% at $58.48 per barrel.

Adding to today's slew of headlines, there are reports that Brexit talks are breaking down. The UK's FTSE (-0.4%), Germany's DAX (-1.3%), and France's CAC (-1.0%) all finished Friday's session at their lowest marks of the day. However, the euro (1.1916) and the pound (1.3516) are little changed relative to the U.S. dollar.

Dow: -262.94… | Nasdaq: -107.88… | S&P: -30.42…

NASDAQ Adv/Dec 551/2000. …NYSE Adv/Dec 874/2026.

11:30AM ET

[BRIEFING.COM] Stocks have tumbled in recent action following headlines that former National Security Advisor Michael Flynn is prepared to testify against President Donald Trump. The S&P 500 is now down 1.3% after trading slightly above its flat line just a short time ago.

Mr. Flynn plead guilty to lying to the FBI about his contacts with a Russian ambassador to the United States this morning and, according to ABC, he has struck a deal with Special Counsel Robert Mueller's team. As part of the deal, it's believed that Mr. Flynn will answer questions about the president or anyone else.

Ten of eleven sectors are trading in the red, with energy (+0.1%) being the lone exception. The industrial sector (-2.1%) is the weakest performer, while the top-weighted technology (-1.7%), financials (-1.7%), and health care (-1.3%) sectors all hold losses of more than 1.0%.

Dow: -285.06… | Nasdaq: -106.36… | S&P: -33.42…

NASDAQ Adv/Dec 586/2059. …NYSE Adv/Dec 969/1907.

11:00AM ET

[BRIEFING.COM] The major indices are mixed, hovering near their unchanged marks. The Dow and S&P 500 are up 0.2% and 0.1%, respectively, while the Nasdaq is down 0.1%.

In Washington, Senator Bob Corker (R-TN) said that he believes there are enough votes to pass the Senate's version of a tax reform bill. Mr. Corker's statement carries some weight as he has been hesitant to endorse the bill due to its potential impact on the national debt.

In addition, reports indicate that Senator James Lankford (R-OK)--another so-called "deficit hawk"--will support the bill, while Senator Susan Collins (R-ME) remains on the fence due to concerns about health care and state and local tax deductions.

Dow: +35.61… | Nasdaq: -8.07… | S&P: +1.65…

NASDAQ Adv/Dec 1150/1590. …NYSE Adv/Dec 1484/1340.

10:30AM ET

[BRIEFING.COM] Commodities begin the day higher:

Overall, commodities, as measured by the Bloomberg Commodity Index, are currently higher +1.1% at 86.6364
Dollar index is currently up 0.15% at 93.19
Jan WTI crude is up 2.33% on the day.
Baker Hughes rig count data to be released at noon eastern.
Futures are $1.34 higher to $58.74/barrel.
In other energy, Jan natural gas is up $0.05 at $3.08/MMBtu
Metals:
Feb gold lost $1.20 and trades at $1275.50/oz, while Mar silver lost $0.17 to $16.30/oz
Mar copper gained 0.03 to $3.09/lb
Finally, agriculture:
Mar corn is up $0.02 at $3.58/bu.
Jan soy is up $0.07 at $9.9325/bu.
Mar wheat is flat at $4.33/bu.

Dow: +74.51… | Nasdaq: -16.4… | S&P: -0.92…

NASDAQ Adv/Dec 1195/1542. …NYSE Adv/Dec 1472/1317.

10:00AM ET

[BRIEFING.COM] Equity indices continue to hover near their opening levels; the S&P 500 is down 0.1%.

Just in, the ISM Index for November declined to 58.2 from an unrevised reading of 58.7 in October, while the Briefing.com consensus expected a reading of 58.3.

Separately, the Construction Spending report for October rose 1.4%, while the Briefing.com consensus expected an increase of 0.5%. The prior month's increase was left unrevised at 0.3%.

Dow: -25.78… | Nasdaq: -29.21… | S&P: -2.40…

NASDAQ Adv/Dec 1000/1749. …NYSE Adv/Dec 1317/1387.

09:45AM ET

[BRIEFING.COM] The major U.S. indices are lower in the opening minutes of today's session, with the tech-heavy Nasdaq (-0.5%) showing relative weakness.

Sectors are trading mixed, but movement has been pretty modest in general with most groups holding a gain or loss of no more than 0.3%. The energy space (+1.0%) is an exception, however, as shares react to a 1.8% increase in the price of crude oil; WTI crude futures trade at $58.47 per barrel.

Conversely, the top-weighted technology sector (-0.5%) trades at the bottom of the sector standings amid broad weakness. Chipmakers have shown particular weakness, sending the PHLX Semiconductor Index lower by 1.4%.

As a reminder, the ISM Manufacturing Index for November (Briefing.com consensus 58.3) and the Construction Spending Report for October (Briefing.com consensus +0.5%) will both be released at 10:00 ET.

Dow: -35.78… | Nasdaq: -30.67… | S&P: -4.00…

NASDAQ Adv/Dec 963/1716. …NYSE Adv/Dec 1301/1336.

09:18AM ET

[BRIEFING.COM] S&P futures vs fair value: -0.30. Nasdaq futures vs fair value: -26.90.

Equity futures have recovered nearly all of their overnight losses this morning as investors continue to await the Senate's vote on tax reform. S&P 500 futures trade just a tick below fair value, while the tech-heavy Nasdaq futures (-0.5%) show relative weakness. Dow futures are trading 0.1% above fair value.

The Senate was expected to vote on its version of a tax reform bill overnight, but that vote was delayed after the Senate parliamentarian ruled that a fiscal trigger--which, in this case, was a provision within the bill to raise taxes in the future if the proposed tax overhaul fails to pay for itself through economic growth--is not allowed under Senate rules.

Support from GOP Senators concerned about an increase in the national debt was, and still is, in question following the ruling, and the uncertainty sent S&P 500 futures as low as 0.6% below fair value in overnight trading. However, recent reports that Senator Ron Johnson (R-WI) is in favor of the bill have helped ease investors' concerns.

With all that being said, GOP leadership still has some work to do as Republicans can afford to lose just two votes, and a handful of GOP Senators still have yet to express their support. The most notable of which are Senators Bob Corker (R-TN), James Lankford (R-OK), and Jeff Flake (R-AZ), who have concerns about the bill's impact on national debt.

U.S. Treasuries are still trading higher this morning, but have come off their earlier levels. The yield on the benchmark 10-yr Treasury note is down three basis points at 2.39%, while the 2-yr yield is flat at 1.79%. Yields move inversely to prices.

In corporate news, Ulta Beauty (ULTA 206.08, -15.63) is down 7.1% in pre-market trade after issuing a disappointing profit forecast for the fourth quarter.

On the data front, investors will receive the ISM Manufacturing Index for November (Briefing.com consensus 58.3) and the Construction Spending Report for October (Briefing.com consensus +0.5%); both reports will be released at 10:00 ET. In addition, November auto and truck sales will be released throughout the day.

08:54AM ET

[BRIEFING.COM] S&P futures vs fair value: -2.00. Nasdaq futures vs fair value: -27.90.

S&P 500 futures trade two points, or 0.1%, below fair value.

Equity indices in the Asia-Pacific region ended the week on a mixed note with technology stocks in Hong Kong showing relative weakness. Elsewhere, New Zealand's Finance Minister Grant Robertson said that a growth slowdown is expected in 2018, followed by a rebound in 2019 and 2020. The country's government plans to cut its net debt to 20.0% of GDP (from about 38.0%) within the next five years.

In economic data:
China's November Caixin Manufacturing PMI 50.8 (expected 50.9; last 51.0)
Japan's November Manufacturing PMI 53.6 (expected 53.8; last 53.8). October Household Spending -2.0% month-over-month (expected -1.4%; last 0.4%); 0.0% year-over-year (consensus -0.4%; last -0.3%). November Tokyo CPI +0.3% year-over-year (expected -0.1%; last -0.2%) and November Tokyo core CPI +0.6% year-over-year, as expected (last 0.6%). October National CPI +0.2% year-over-year, as expected (last 0.7%) and National core CPI +0.8% year-over-year, as expected (last 0.7%). October Unemployment Rate held at 2.8%. Q3 Capital Spending +4.2% year-over-year (consensus 3.3%; last 1.5%)
South Korea's Q3 GDP +1.5% quarter-over-quarter (expected 1.4%; last 1.4%); +3.8% year-over-year (consensus 3.6%; last 3.6%). November CPI -0.7% month-over-month (expected -0.1%; last -0.2%); +1.3% year-over-year (consensus 1.8%; last 1.8%). November Nikkei Manufacturing PMI 51.2 (last 50.2). November trade surplus KRW7.80 billion (last surplus of KRW7.14 billion). November Imports +12.3% year-over-year (consensus 13.7%; last 7.9%) and November Exports +9.6% year-over-year (consensus 10.2%; previous 7.1%).
Australia's November AIG Manufacturing Index 57.3 (last 51.1)
New Zealand's Q3 Terms of Trade Index +0.7% quarter-over-quarter (expected 0.9%; last 1.5%)
India's November Nikkei Markit Manufacturing PMI 52.6 (expected 51.0; last 50.3)

---Equity Markets---

Japan's Nikkei added 0.4%, ending the week with a 1.2% gain. Komatsu, Hitachi Construction, Konami, Shin-Etsu Chemical, Inpex, Suzuki Motor, Okuma, Ricoh, Nikon, Fanuc, and IHI advanced between 1.4% and 5.7%.
Hong Kong's Hang Seng lost 0.4%, widening this week's loss to 2.7%. The index retraced its entire advance from the previous week with tech names among the weakest performers. Tencent Holdings fell 3.1% while Apple supplier AAC Technologies surrendered 1.9%. Financials like Ping An Insurance, AIA Group, BoC Hong Kong, and ICBC lost between 0.2% and 2.0%.
China's Shanghai Composite settled just above its flat line, losing 1.1% for the week. Aisino, Shanghai Shentong Metro, Shanghai Fosun Pharmaceutical, Wolong Real Estate, and Chengdu B-Ray Media hold gains between 4.1% and 4.6%.
India's Sensex fell 1.0%, widening this week's decline to 1.5%. All but two index components posted losses with GAIL, Adani Ports, Bajaj Auto, Sun Pharma, SBI, Dr. Reddy's Labs, Infosys, and Tata Motors falling between 1.4% and 3.5%.

Major European indices trade mostly lower, but the UK's FTSE (+0.1%) shows relative strength. SPD leader Martin Schulz acknowledged that coalition talks with CDU/CSU will be held, but cautioned not to rush to conclusions. Meanwhile, Stephan Weil, an SPD member from Lower Saxony, said that coalition talks could extend until February, which would make for a best-case scenario. Reports indicate that Greece plans two or three bond offerings for the first half of 2018.

In economic data:
Eurozone November Manufacturing PMI 60.1 (expected 60.0; last 60.0)
UK's November Manufacturing PMI 58.2 (expected 56.5; last 56.6)
Germany's November Manufacturing PMI 62.5, as expected (last 62.5)
France's November Manufacturing PMI 57.7 (expected 57.5; last 57.5)
Spain's November Manufacturing PMI 56.1 (consensus 56.5; last 55.8)
Italy's November Manufacturing PMI 58.3 (expected 58.5; last 57.8). Q3 GDP +0.4% quarter-over-quarter (expected 0.5%; last 0.4%); +1.7% year-over-year (consensus 1.8%; last 1.7%)
Swiss November SVME PMI 65.1 (expected 62.6; last 62.0)

---Equity Markets---

UK's FTSE is up 0.1%. Financials are among the laggards while select consumer names outperform. Prudential, Lloyds Banking, Barclays, RSA Insurance, RBS, Standard Life, and Old Mutual show losses between 0.4% and 1.6%. On the upside, Dixons Carphone, Paddy Power, Persimmon, British American Tobacco, and Imperial Brands have added between 0.4% and 1.8%.
France's CAC trades down 0.4%. Heavyweight components like Peugeot, Renault, Michelin, Solvay, Safran, and Airbus sport losses between 0.7% and 2.9%. Carrefour and Accor outperform, adding 1.3% and 1.7%, respectively.
Germany's DAX has given up 0.5%. Thyssenkrupp, Volkswagen, Infineon, Continental, Daimler, BASF, SAP, BMW, and Siemens have lost between 0.5% and 1.7% while Commerzbank and Deutsche Bank outperform, adding near 0.8% apiece.

08:25AM ET

[BRIEFING.COM] S&P futures vs fair value: -2.00. Nasdaq futures vs fair value: -27.90.

S&P 500 futures have been ticking higher as of late and now trade just two points, or 0.1%, below fair value.

Several retailers have reported earnings since yesterday's close--including Ulta Beauty (ULTA 208.40, -13.31), Big Lots (BIG 57.55, -1.55), and Zumiez (ZUMZ 20.80, -1.00). Ulta shares are lower by 6.0% in pre-market trade after the company's disappointing profit forecast for the fourth quarter outweighed above-consensus earnings.

Meanwhile, shares of Big Lots and Zumiez are down 2.6% and 4.6%, respectively. Big Lots beat earnings estimates and raised its earnings guidance for 2018, while Zumiez reported in-line profits and issued upbeat revenue guidance for the fourth quarter.

Retailers have been hot this week amid reports of a solid start to the holiday shopping season; the SPDR Retail ETF (XRT 43.73, 0.00) is up 5.3% week to date.

07:58AM ET

[BRIEFING.COM] S&P futures vs fair value: -7.00. Nasdaq futures vs fair value: -37.10.

Stocks are on course to unwind some of yesterday's gains--which pushed both the S&P 500 and the Dow to fresh record highs--at today's opening bell as investors continue to await the Senate's vote on tax reform. S&P 500, Dow, and Nasdaq futures are currently trading between 0.2% and 0.6% below fair value.

The Senate was expected to vote on its version of a tax reform bill overnight, but that vote was delayed after the Senate parliamentarian made a ruling that a fiscal trigger--which, in this case, would increase taxes in future years if the proposed tax overhaul fails to pay for itself through economic growth--is not allowed under Senate rules.

Without the aforementioned trigger, the support of several Republican Senators--including Bob Corker (R-TN), James Lankford (R-OK), and Jeff Flake (R-AZ)--is in question.

The Senate is scheduled to resume its debate today at 11:00 ET, but it's unclear when, or if, a vote will take place. What is clear, however, is that the GOP can only afford to lose two votes, meaning that Republican leadership will have to rework the bill in order to appease those concerned about adding to the national debt.

U.S. Treasuries are rallying this morning in a curve-flattening trade that has cut the 2yr-10yr spread by two basis points. The yield on the benchmark 10-yr Treasury note is down four basis points at 2.38%, while the 2-yr yield is down one basis point at 1.78%.

Meanwhile, West Texas Intermediate crude futures are up 0.9% at $57.94 per barrel after finishing yesterday's session flat. As expected, top oil producers--including both OPEC and non-OPEC nations--agreed to extend their production cut agreement by another nine months on Thursday.

On the data front, investors will receive the ISM Manufacturing Index for November (Briefing.com consensus 58.3) and the Construction Spending Report for October (Briefing.com consensus +0.5%); both reports will be released at 10:00 ET. In addition, November auto and truck sales will be released throughout the day.

Elsewhere, equity indices in the Asia-Pacific region ended Friday's session mixed, while the major European bourses trade in negative territory.

In U.S. corporate news:

Ulta Beauty (ULTA 210.00, -11.71): -5.3% after issuing disappointing profit guidance for the holiday season.

Reviewing overnight developments:

Equity indices in the Asia-Pacific region ended the week on a mixed note with technology stocks in Hong Kong showing relative weakness. Japan's Nikkei +0.4%, Hong Kong's Hang Seng -0.4%, China's Shanghai Composite unch, India's Sensex -1.0%.
In economic data:
China's November Caixin Manufacturing PMI 50.8 (expected 50.9; last 51.0)
Japan's November Manufacturing PMI 53.6 (expected 53.8; last 53.8). October Household Spending -2.0% month-over-month (expected -1.4%; last 0.4%); 0.0% year-over-year (consensus -0.4%; last -0.3%). November Tokyo CPI +0.3% year-over-year (expected -0.1%; last -0.2%) and November Tokyo core CPI +0.6% year-over-year, as expected (last 0.6%). October National CPI +0.2% year-over-year, as expected (last 0.7%) and National core CPI +0.8% year-over-year, as expected (last 0.7%). October Unemployment Rate held at 2.8%. Q3 Capital Spending +4.2% year-over-year (consensus 3.3%; last 1.5%)
South Korea's Q3 GDP +1.5% quarter-over-quarter (expected 1.4%; last 1.4%); +3.8% year-over-year (consensus 3.6%; last 3.6%). November CPI -0.7% month-over-month (expected -0.1%; last -0.2%); +1.3% year-over-year (consensus 1.8%; last 1.8%). November Nikkei Manufacturing PMI 51.2 (last 50.2). November trade surplus KRW7.80 billion (last surplus of KRW7.14 billion). November Imports +12.3% year-over-year (consensus 13.7%; last 7.9%) and November Exports +9.6% year-over-year (consensus 10.2%; previous 7.1%).
Australia's November AIG Manufacturing Index 57.3 (last 51.1)
New Zealand's Q3 Terms of Trade Index +0.7% quarter-over-quarter (expected 0.9%; last 1.5%)
India's November Nikkei Markit Manufacturing PMI 52.6 (expected 51.0; last 50.3)
In news:
New Zealand's Finance Minister Grant Robertson said that a growth slowdown is expected in 2018, followed by a rebound in 2019 and 2020. The country's government plans to cut its net debt to 20.0% of GDP (from about 38.0%) within the next five years.

Major European indices trade lower across the board. UK's FTSE -0.3%, France's CAC -0.8%, Germany's DAX -0.9%.
In economic data:
Eurozone November Manufacturing PMI 60.1 (expected 60.0; last 60.0)
UK's November Manufacturing PMI 58.2 (expected 56.5; last 56.6)
Germany's November Manufacturing PMI 62.5, as expected (last 62.5)
France's November Manufacturing PMI 57.7 (expected 57.5; last 57.5)
Spain's November Manufacturing PMI 56.1 (consensus 56.5; last 55.8)
Italy's November Manufacturing PMI 58.3 (expected 58.5; last 57.8). Q3 GDP +0.4% quarter-over-quarter (expected 0.5%; last 0.4%); +1.7% year-over-year (consensus 1.8%; last 1.7%)
Swiss November SVME PMI 65.1 (expected 62.6; last 62.0)
In news:
SPD leader Martin Schulz acknowledged that coalition talks with CDU/CSU will be held, but cautioned not to rush to conclusions. Meanwhile, Stephan Weil, an SPD member from Lower Saxony, said that coalition talks could extend until February, which would make for a best-case scenario.
Reports indicate that Greece plans two or three bond offerings for the first half of 2018.

05:57AM ET

[BRIEFING.COM] S&P futures vs fair value: -15.50. Nasdaq futures vs fair value: -55.50.
05:57AM ET

[BRIEFING.COM] Nikkei...22819...+94.10...+0.40%

Hang Seng...29074...-103.10...-0.40%

05:57AM ET

[BRIEFING.COM] FTSE...7308.99...-17.70...-0.20%

DAX...12869.63...-154.40...-1.20%

04:20PM ET

[BRIEFING.COM] U.S. stocks jumped to new record highs on Thursday, fueled by increased optimism regarding the feasibility of a tax overhaul.

The Dow Jones Industrial Average and the S&P 500 both finished at all-time highs, adding 1.4% and 0.8%, respectively, but some afternoon selling left the indices a step below their best marks of the day. Meanwhile, the tech-heavy Nasdaq climbed 0.7%, reclaiming about half of its Wednesday decline.

Small caps underperformed, but still pushed the Russell 2000 (+0.1%) to a fresh record high.

The Senate will likely vote on its version of a tax reform bill either late Thursday night or early Friday morning. The chances of the bill passing seemingly increased after Senator John McCain (R-AZ) came out in favor of the piece of legislation, however, there are still a handful of GOP Senators sitting on the fence and defects from just three would block the bill's passage.

Financials were bullish following Mr. McCain's announcement, but weakened notably in the afternoon. Nonetheless, the S&P 500's financial sector finished with a solid gain of 0.6%, extending its week-to-date advance to 4.9%. In total, 11 of 11 groups finished Thursday in the green, with gains ranging from 0.1% to 1.6%.

Energy was the top-performing sector, adding 1.6%, after OPEC and non-OPEC nations, including Russia, agreed to extend their production cut agreement by another nine months, as expected. The deal, which will now expire at the end of 2018, seeks to reduce output by 1.8 million barrels per day.

Meanwhile, West Texas Intermediate crude futures finished flat at $57.31 per barrel, unable to add anything further to their November rally--which was largely fueled by the expectation that the OPEC/non-OPEC production cut agreement would be extended. WTI crude futures finished November with a monthly gain of 5.4%.

The industrial sector also moved solidly higher on Thursday, climbing 1.5%. Transports paced the industrial advance, evidenced by the Dow Jones Transportation Average, which climbed 2.0% to finish at a new all-time high for the second day in a row. The DJTA has added 6.8% so far this week.

On the corporate front, CVS Health (CVS 76.60, +3.20) jumped 4.4% following a Wall Street Journal report that the pharmacy retailer is close to reaching a long rumored deal to acquire Aetna (AET 180.18, +0.61) for a price somewhere between $200 and $205 per share. AET shares advanced 0.3%.

Kroger (KR 25.86, +1.48) finished with a gain of 6.1%--although it held a gain of more than 10.0% at the opening bell--after the supermarket chain reported better-than-expected earnings for the third quarter and reaffirmed its profit guidance for fiscal year 2018.

In the bond market, U.S. Treasuries moved lower in a curve-steepening trade, pushing the 2yr-10yr spread higher by one basis point. The yield on the benchmark 10-yr Treasury note jumped four basis points to 2.42%, while the 2-yr yield climbed three basis points to 1.79%.

Elsewhere, European equities held gains through much of Thursday's session, but a late bout of selling left the Euro Stoxx 50 lower by 0.4%. The UK's FTSE showed relative weakness for the second day in a row, finishing with a loss of 0.9%. For the week, the FTSE is down 1.1%.

Stock indices in the Asia-Pacific region settled Thursday mostly lower, but Japan's Nikkei managed to advance 0.6%.

Reviewing Thursday's economic data, which included October Personal Income, October Personal Spending, October PCE Prices, weekly Initial Claims, and the Chicago PMI for November:

Personal income climbed 0.4% in October (Briefing.com consensus +0.3%) following an unrevised increase of 0.4% in September. Meanwhile, personal spending rose 0.3% in October (Briefing.com consensus +0.3%), down from a revised increase of 0.9% in September (from 1.0%). The PCE Price Index increased 0.1% in October (Briefing.com consensus +0.1%), while the core PCE Price Index, which excludes food and energy, increased 0.2% (Briefing.com consensus +0.2%). Year-over-year, the core PCE Price Index is up 1.4%.
The key takeaway from the report is that it points to the prospect of improved consumer spending and the persistence of low inflation.
The latest weekly initial jobless claims count totaled 238,000, which is in line with the Briefing.com consensus. Today's tally was below the revised prior week count of 240,000 (from 239,000). As for continuing claims, they increased to 1.957 million from a revised count of 1.915 million (from 1.904 million).
The key takeaway from the report is the low initial claims reading, which underscores a reluctance on the part of employers to let workers go in a tight labor market.
Chicago PMI for November hit 63.9 (Briefing.com consensus 63.0), down from 66.2 in October.
The key takeaway from the report is that three-in-four firms responding to a special question said another hike in the fed funds rate will have no material impact on their business.

On Friday, investors will receive the ISM Manufacturing Index for November (Briefing.com consensus 58.3) and the Construction Spending Report for October (Briefing.com consensus +0.5%); both reports will be released at 10:00 ET. In addition, November auto and truck sales will be released throughout the day.

Nasdaq Composite +27.7% YTD
Dow Jones Industrial Average +22.8% YTD
S&P 500 +18.3% YTD
Russell 2000 +13.8% YTD

Dow: +331.67… | Nasdaq: +49.58… | S&P: +21.51…

NASDAQ Adv/Dec 861/1297. …NYSE Adv/Dec 1767/1213.

Special thanks to Bloomberg, Briefing, Reuters and Yahoo! Finance for their market summaries. Also, thank you for the review of TheStrategyLab performance record...hopefully the links and data will be useful for you. gm

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Disclaimer: Today's trading performance is not an indication of my future performance and not an indication of the future performance for any trader that decides to learn/apply WRB Analysis. The risk of loss can be substantial. Therefore, you must carefully consider if trading is suitable for you within the context of your financial condition. TheStrategyLab.com is an education and research site. The resources on this site are provided for informational purposes only and should not be used to replace professional educational and professional research because we are retail traders only. TheStrategyLab.com does not accept liability for your use of the website and its resources.

We make no guarantees of success and your level of success is dependent upon other factors including your skill as a trader, knowledge, financial condition, market conditions and other factors. Trading is stressful and you should always consult a doctor in all matters relating to physical and mental health of you & your family because trading can impact beyond your financial condition regardless if you're a profitable or losing trader. Also, you can read our full disclaimer statement @ http://www.thestrategylab.com/Disclaimer.htm


Best Regards,
M.A. Perry
Online user name wrbtrader (more info about me) @ http://www.thestrategylab.com/wrbtrader.htm
TheStrategyLab Price Action Trading
Trader and Founder of WRB Analysis (wide range body/bar analysis)
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