Handling Options Chains

2 days ago by Andrew Wise @ IBKR Traders’ Insight

Throughout this article, I’ll present one method for retrieving an option chain programmatically.

Construction Spending Decreased 0.2% in March

2 days ago by Calculated Risk @ Calculated Risk

From the Census Bureau reported that overall construction spending increased: Construction spending during March 2024 was estimated at a seasonally adjusted annual rate of $2,083.9 billion, 0.2 percent below the revised February estimate of $2,087.8 billion. The March figure is 9.6 percent above the March 2023 estimate of $1,901.4 billion. emphasis addedPrivate spending decreased and public spending increased: Spending on private construction was at a seasonally adjusted annual rate of $1,600.8 billion, 0.5 percent below the revised February estimate of $1,608.5 billion. ... In March, the estimated seasonally adjusted annual rate of public construction spending was $483.1 billion, 0.8 percent above the revised February estimate of $479.3 billion <a href="https://blogger.googleuserco...

Use ADX with DI to Gain an Edge Over Other Traders

2 days ago by StockCharts TV @ StockCharts.com YouTube Channel

05.01.24: Joe Rabil breaks down the differences between buyers and sellers, and shows how the ADX/DI can be used in three different ways: The action phase, low ADX period and an expansion phase. Understanding this indicator will give you an edge over other traders! 📈 Learn About Joe's Services, Courses and Book here: https://rabilstockresearch.com/ ✉️ Send your symbol requests to stocktalk@stockcharts.com 👀 See what better financial charting can do for you! Start your FREE 1-month trial today at https://stockcharts.com 👍🏻 If you enjoyed this video be sure to hit the THUMBS UP ✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: https://tinyurl.com/wvet7qj 00:00 Trading Lesson: Breaking Down ADX 07:35 Joe's Trading Courses https://www.rabilstockresearch.com 08:00 QQQ Trust (QQQ) 11:15 Russell 2000 ETF (IWM) 12:49 Consumer Staples Sector (XLP) 14:00 Utilities Sector (XLU) 15:22 ChromaDex CDXC) 16:10 Celcius Hold...

FOMC Statement: No Change to Fed Funds Rate, "lack of further progress" on Inflation

2 days ago by Calculated Risk @ Calculated Risk

FOMC Statement: Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have remained strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated. In recent months, there has been a lack of further progress toward the Committee's 2 percent inflation objective. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. The Committee judges that the risks to achieving its employment and inflation goals have moved toward better balance over the past year. The economic outlook is uncertain, and the Committee remains highly attentive to inflation risks. In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent. In considerin...

Hot Corner Insider Weekly Strategy Session – May 1, 2024

2 days ago by David @ All Star Charts

This is the video recording of the May 1, 2024, Hot Corner Insider Weekly Strategy Session.   The post Hot Corner Insider Weekly Strategy Session – May 1, 2024 appeared first on All Star Charts.

Solar Stocks, Berkshire, and the latest Costco Craze

2 days ago by Mike Zaccardi @ See It Market

The following research was contributed to by Christine Short, VP of Research at Wall Street Horizon. After a cool spell late last week, springtime is in full bloom around our parts in the Northeast. As the calendar flips to May, Q2 hasn’t come without its bouts of uncomfortable market conditions either. The S&P 500® pared […] The post Solar Stocks, Berkshire, and the latest Costco Craze appeared first on See It Market.

Wednesday links: larger market trends

2 days ago by abnormalreturns @ Abnormal Returns

The Dollar-Yen: Today’s FOMC Wild Card

2 days ago by Ian Culley @ All Star Charts

From the Desk of Ian Culley @IanCulley The Japanese government isn’t playing games. Currency crisis or not, Tokyo is willing to defend the yen in the open market. It’s proven this multiple times over the past three years, and today’s FOMC-related volatility will likely test its resolve.  Considering previous yen-buying interventions, the dollar, interest rates, […] The post The Dollar-Yen: Today’s FOMC Wild Card appeared first on All Star Charts.

Stocks Cry Wolf Ahead of Powell: May. 1, 2024

2 days ago by Jose Torres @ IBKR Traders’ Insight

Stocks are crying wolf as investors await Fed Chair Powell’s update on monetary policy this afternoon and digest an abundant buffet of corporate earnings and economic data.

How to overcome your hesitation and stop missing trades

2 days ago by Michael Martin @ MartinKronicle

Watch this video on YouTube I get a lot of emails from people who are very unsure of themselves and it’s part of the process. It’s how you thicken your skin. The emails speak around one or two things like I keep missing trades or I have massive amounts of hesitation and I get it. […] The post How to overcome your hesitation and stop missing trades first appeared on MartinKronicle. The post How to overcome your hesitation and stop missing trades appeared first on MartinKronicle.

Corporate Earnings Riding A Wave Of Optimism

2 days ago by Connected Wealth @ See It Market

There are three things you should rarely ever bet against: the Leaf’s opposing team in the playoffs, the American consumer’s ability to spend, and corporate profits. As we are now about halfway through U.S. earnings season, once again positive surprises remain the norm; 81% have beaten. It’s a bit better than the 20-year average of […] The post Corporate Earnings Riding A Wave Of Optimism appeared first on See It Market.

Data-Centered

2 days ago by Reda Ferran @ IBKR Traders’ Insight

Microsoft shook on a mammoth deal with Brookfield Asset Management to add more renewable energy to the grid, all to support the tech titan’s power-hungry data centers.

How markets perform when rates are cut

2 days ago by David Brett @ IBKR Traders’ Insight

On the latest Investor Download, Duncan Lamont, Head of Strategic Research, takes us through what happens in markets when interest rates are cut.

Take Notes: Orbisa on DJT

2 days ago by Contributor Author @ IBKR Traders’ Insight

Orbisa insights dives into Trump Media & Technology Group (DJT), owners of Truth Social, which has seen volatile activity and significant fees in the lending market following the company’s NASDAQ listing.

Private Employment Increases By 192,000, Beats Forecasts: ‘Hiring Was Broad-Based In April’

3 days ago by Piero Cingari @ IBKR Traders’ Insight

U.S. private sector job creation in April exceeded forecasts, ADP Employment Report reveals.

Freddie Mac House Price Index Increased in March; Up 6.6% Year-over-year

3 days ago by Calculated Risk @ Calculated Risk

Today, in the Calculated Risk Real Estate Newsletter: Freddie Mac House Price Index Increased in March; Up 6.6% Year-over-year A brief excerpt: On a year-over-year basis, the National FMHPI was up 6.6% in March, up from up 6.5% YoY in February.  The YoY increase peaked at 19.1% in July 2021, and for this cycle, bottomed at up 0.9% YoY in April 2023. ... <img alt="Freddie HPI CBSA" border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjOI8-6BD6h8ntyHFwC2CqrtDD4AIkxrYhMaUkCHbi6UFoGo8UvbxCFKXyEaWTLluB35p16HT79mDQYQnx...

BLS: Job Openings Decreased to 8.5 million in March

3 days ago by Calculated Risk @ Calculated Risk

From the BLS: Job Openings and Labor Turnover Summary The number of job openings changed little at 8.5 million on the last business day of March, the U.S. Bureau of Labor Statistics reported today. Over the month, the number of hires changed little at 5.5 million while the number of total separations decreased to 5.2 million. Within separations, quits (3.3 million) and layoffs and discharges (1.5 million) changed little. emphasis added The following graph shows job openings (black line), hires (dark blue), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS. This series started in December 2000. Note: The difference between JOLTS hires and separations is similar to the CES (payroll survey) net jobs headline numbers. This report is for March; the employment report this F...

ISM® Manufacturing index Decreased to 49.2% in April

3 days ago by Calculated Risk @ Calculated Risk

(Posted with permission). The ISM manufacturing index indicated expansion. The PMI® was at 49.2% in April, down from 50.3% in March. The employment index was at 48.6%, up from 47.4% the previous month, and the new orders index was at 49.1%, down from 51.4%. From ISM: anufacturing PMI® at 49.2% April 2024 Manufacturing ISM® Report On Business®Economic activity in the manufacturing sector contracted in April after one month of expansion following 16 consecutive months of contraction, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: “The Manufacturing PMI® registered 49.2 percent in April, down 1.1 percentage points fr...

Behind the Renewed Interest in Lumber Markets

3 days ago by Alison Coughlin @ IBKR Traders’ Insight

Volatility in lumber prices has come off record highs the market experienced during the coronavirus pandemic, but questions around supply and demand still remain.

[Options P2P] Daily Digest 5/1/24

3 days ago by Sean McLaughlin @ All Star Charts

In today’s Daily Digest, we’ll review: New position in XLI. No adjustments are needed today. No exits since last report. Current status of open campaigns. Let’s dig in! The post [Options P2P] Daily Digest 5/1/24 appeared first on All Star Charts.