Outlook 09/25: Stock futures are little changed on Wednesday as market looks to extend its September gains. All three averages are on track for a positive September, though fears of a slowing economy still linger after last week’s rate cut from the Federal Reserve. Now that the central bank has begun to lower interest rates, the economy is becoming a bigger focus for investors. it seems we'll be in rally mode until unemployment claims start rising or earnings start declining. We could see a really volatile market between those growth and slowdown narratives until election. Upcoming economic data includes new home sales for August on Wednesday, and weekly jobless claims on Thursday.
ESZ24 (DEC2024): YVAH 5791 YPOC 5785 YVAL 5773 GAP 5791
/ES Plan: Yesterday market closed bullish (PBT 5815), but overnight looks more balanced, moving within previous value, so these're the opening and initial balance options for today:
