NewsWare’s Trade Talk: Friday, November 29

NewsWare's Trade Talk: Friday, November 29

S&P Futures are displaying positive action this morning as the markets prepares for a shortened trading session for the last trading day of the month. Solid gains in retail & semiconductor stocks. The Biden administration is considering additional restrictions on the sale of semiconductor equipment and AI memory chips to China, however the expectations are for the restrictions to be less stringent than their previous plan. MSFT is under pressure this morning as the FTC is launching a broad investigation. In Europe, stocks have reversed course and are now trading higher. Oil prices are trading lower, OPEC pushes back its scheduled meeting by 48 hours.

NewsWare’s Trade Talk: Wednesday, November 27

NewsWare's Trade Talk: Wednesday, November 27

S&P Futures are showing some weakness this morning. Markets are gearing up for a flood of economic data today with this morning PCE report in focus. Volumes are expected to be light ahead of the Thanksgiving Day holiday tomorrow which sets the stage for elevated volatility. DELL, CRWD, HPQ & ADSK are all lower after releasing earnings yesterday afternoon. In Europe, stocks are displaying weakness as European markets are expected to be hit the hardest on potential tariffs. Oil prices showing gains as API data indicated a build in stockpiles last night.

NHC Atlantic Outlook

NHC Atlantic Outlook





Atlantic 7-Day Graphical Outlook Image

ZCZC MIATWOAT ALL
TTAA00 KNHC DDHHMM

Tropical Weather Outlook
NWS National Hurricane Center Miami FL
100 PM EST Tue Nov 26 2024

For the North Atlantic…Caribbean Sea and the Gulf of Mexico:

Tropical cyclone formation is not expected during the next 7 days.

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Forecaster Bucci
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