Don’s Notebook June 12, 2018

0
477

Any new pressure in core consumer prices in the CPI would be an unknown today, but markets are certain to focus on the outcome of the U.S.-North Korean summit.

  • The Consumer Price Index showed prices moved slightly higher in results for May that were in line with expectations across all four readings: up a monthly 0.2 percent both overall and for the core with year-on-year rates up 3 tenths overall to 2.8 percent and the core up 1 tenth to 2.2 percent

The Federal Open Market Committee begins its two-day meeting today.

  • The FOMC meets eight times a year in order to determine the near-term direction of monetary policy.

A ruling is expected in the DOJ’s antitrust trial against the AT&T and Time Warner merger.

Notable quarterly conference calls today include: Land’s End, John Wiley & Sons, Star Bulk Carriers, Digital Turbine, H&R Block, Oxford Industries.

Advertisement #1 Trading Platform Technology - 8  years running!

Previous articleChina’s challenge to Silicon Valley
Next articleTwitter’s meteoric rise continues
Dr. Don Pratl is Director of Trader Development and Education for TradeStation. He joined TradeStation in 2016 after holding similar roles with other online brokerages. Don’s long career in the financial services industry reflects expertise in administering trading and investment strategy programs for retail investors as well as financial services professionals. Since the 1980s, he has held various positions in areas including CBOE trading floor order execution, marketing, sales, personnel management, training and customer service. Don holds series 3, 4, 7 and 63 FINRA licenses, earned his Ph.D. in Organization and Management, and his M.A. and B.A. in Political Science. He has been an occasional adjunct college instructor since 2004 at a range of institutions, teaching undergraduate, graduate and doctoral students using in-class and online formats.