Morning Notes Jan. 24, 2018

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Housing data will dominate the economic reports today. Recent reports have been very strong and forecasters are calling for existing home sales in December to hold on to the bulk of their November surge.

A number of corporate earnings are due today including General Electric, Legg Mason and Ford Motor.

The U.K. economy continues to ignore Brexit impact with data this morning showing that unemployment remained at 4.3 percent in the three months through November, with the number of people in work rising to a record high.

  • Dollar remains under pressure, closes at 3-year low on Tuesday
  • Strong earnings from NFLX (+10%) on Tuesday boosted sentiment
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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.