GOOGL and MSFT earnings drive upside  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ There’s Give and Take…and The Bulls Are Taking GOOGL and MSFT earnings drive upside Follow @MrTopStep on Twitter and please share if you find our work valuable.   Our View It really doesn’t matter what we think or what the charts say. What happens when the ES and […]
TODAY’S GAME PLAN:  from the trading desk, this is not research DATA/HEADLINES:  8:30ET PCE Deflator*, Personal Income – Spending; 10:00ET U. of Mich. Sentiment; 11:00ET Kansas City Fed Services Activity TODAY’S HIGHLIGHTS and News:   Chinese Stocks in Hong Kong Are the World’s Top Gainers in April Jeff Bezos is accused of destroying chats amid an FTC […]
JPM’s Jamie Dimon is concerned.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Still a Tricky Environment to Navigate JPM’s Jamie Dimon is concerned. Follow @MrTopStep on Twitter and please share if you find our work valuable! Every week, MrTopStep invites traders to an “Own the Close” contest where the closest guesstimate where the SPX will settle on Friday’s 4:00 cash close. […]
TODAY’S GAME PLAN:  from the trading desk, this is not research DATA/HEADLINES:  8:30ET GDP, Core PCE Price Index, Advance Goods Trade Balance, Retail Inventories, Weekly Jobless Claims; 10:00ET Pending Home Sales; 11:00ET KC Fed Manuf. Activity; 1:00ET 7-year note auction US 1Q ECONOMY GROWS AT 1.6% ANNUAL RATE: EST. 2.5% TODAY’S HIGHLIGHTS and News:   There are […]
TODAY’S GAME PLAN:  from the trading desk, this is not research DATA/HEADLINES:  8:30ET Durable Goods Orders, Canada Feb. Retail Sales; 1:00ET $70 billion 5-year note auction No Fed speakers due to a lock period ahead of the May 1st Fed meeting TODAY’S HIGHLIGHTS and News:   Israel Calls Up Reserve Brigades Ahead Of Expected Rafah Offensive – […]
TODAY’S GAME PLAN:  from the trading desk, this is not research DATA/HEADLINES:  8:30ET Philadelphia Fed Non-Manufacturing Activity; 9:45ET S&P Global US Manufacturing PMI, S&P Global US Services PMI, Composite PMI; 10:00ET Revisions: Retail Sales, New Home Sales, Richmond Fed Manufact. Index No Fed speakers due to a lock period ahead of the May 1st Fed meeting […]
TODAY’S GAME PLAN:  from the trading desk, this is not research DATA/HEADLINES:  8:30ET Philadelphia Fed Non-Manufacturing Activity; 9:45ET S&P Global US Manufacturing PMI, S&P Global US Services PMI, Composite PMI; 10:00ET Revisions: Retail Sales, New Home Sales, Richmond Fed Manufact. Index No Fed speakers due to a lock period ahead of the May 1st Fed meeting […]
TODAY’S GAME PLAN:  from the trading desk, this is not research DATA/HEADLINES:  8:30ET Chicago Fed Nat Activity Index No Fed speakers due to a lock period ahead of the May 1st Fed meeting TODAY’S HIGHLIGHTS and News:   Israeli Military Intelligence Chief Resigns Over Oct. 7 Failure US-Led Military Base in Syria Hit by Rockets Fired From […]
TODAY’S GAME PLAN:  from the trading desk, this is not research DATA/HEADLINES:  8:30ET 10:30 Fed’s Goolsbee speaks TODAY’S HIGHLIGHTS and News:   Biden is weighing more than $1 billion in new arms for Israel Almost 1 billion Indians began voting today in the world’s biggest election A man is threatening to blow himself up at the Iran […]
TODAY’S GAME PLAN:  from the trading desk, this is not research DATA/HEADLINES:  8:30ET Philadelphia Fed Business Outlook, Jobless Claims; 9:05ET Fed’s Bowman speaks; 9:15ET Fed’s Williams speaks; 10:00ET Leading Index, Existing Home Sales; 11:00ET Fed’s Bostic speaks; 1:00ET 5-year TIPS Auction; 5:45ET Fed’s Bostic speaks ECB’S VILLEROY: BARRING MAJOR SURPRISE WE SHOULD CUT RATES IN NEXT […]