Choppy Trading May Persist On Wall Street

Choppy Trading May Persist On Wall Street
The major U.S. index futures are pointing to a roughly flat opening on Friday, with choppy trading likely to persist following the relatively lackluster seen in the previous session. Traders may be reluctant to make any significant moves as they continue to digest the Republican tax reform plan and attempt to assess the path forward for the proposal. A report... Read More

TBT Advance Gains Momentum

TBT Advance Gains Momentum
By Mike Paulenoff, MPTrader.com As we noted in our article last week, we have had strong reasons technically as well as from a macro perspective to be bullish on the ProShares UltraShort 20+ Year Treasury (TBT) since its low just under 33 on September 7. And the TBT has continued to rise since then. It gapped up Wednesday to $35.50... Read More

What's In Store For The Investors?

What's In Store For The Investors?
Looking for economic data? You’ve come to the right week. Only trouble is, most of it is coming out after the opening bell today and beyond – which means, by definition, after the Ahead of Wall Street column is published. August New Home Sales and September Consumer Confidence reports come out at 10am ET. Also, Fed Chair Janet Yellen speaks... Read More