CHRISSY CLARK: US hospitals earned $120 million from sex-change operations on minors over span of 5 years: report
Between 2019 and 2023, over 5,700 minors underwent sex-change surgeries, and around 8,600 received puberty blockers or cross-sex hormones, according to data from the watchdog organization Do No Harm.
Turkish Airlines pilot dies mid flight from Seattle to Istanbul prompting emergency landing in New York
Ilcehin Pehlivan, 59, was unable to be revived by crewmates after losing consciousness on Flight TK204.
NewsWare’s Trade Talk: Friday, October 4
S&P Futures are displaying solid gains this morning. Markets await a key employment report this morning, the monthly non farms payrolls data. Retail stocks are gaining as port workers are returning to the job. Apollo is in talks to buy Barnes Group for $45 a share. Spirt airlines is in talks for a bankruptcy filing. The European Union is set to impose tariffs of up to 45% on electric cars made in China. In Europe, markets are mostly higher. Oil prices are higher as risk premium continue to inflate ahead of the expected Israeli strike against Iran.
NewsWare’s Trade Talk: Thursday, October 3
S&P Futures are lower this morning as market continue to pay attention to geopolitical events in the Middle East. On the calendar for today are reports on Jobless Claims and Factory orders along with updates on the services sector. LEVI is falling after reporting earnings last night, STZ is scheduled to report this morning. Autos and banks are lower and Chinese retailers are falling due to profit taking. In Europe, markets mostly lower, weakness in the British Pound is a positive for U.K. stocks. Oil prices are showing strong gains as markets await a response from Israel on the recent Iranian strike.
NewsWare’s Trade Talk: Friday, September 27 | NewsWare‘s Trade Talk
S&P Futures are flat to lower ahead of this morning PCE data. COST delivered an earnings beat on lower revenue last night. DirecTV is in talks to acquire Dish Network. Union leaders at Boeing did not take the latest offer to a vote. A longshoreman strike is possible next week, a prolong strike would hurt holiday sales. Bristol Meyers receives approval for its schizophrenia treatment. In Europe, markets are positive luxury and mining’s stocks are higher. Oil prices are edging higher ahead of next week’s OPEC meeting.
NewsWare’s Trade Talk: Thursday, September 26 | NewsWare‘s Trade Talk
S&P Futures are displaying a strong leg higher this morning. Key factors behind the positive action are the stimulus plans out of China and the positive earnings announcement from Micron. Economic data will be on watch today with multiply economic reports due out. Market will also be paying attention to a host of Fed speakers this morning. Southwest Airline is holding a key investors day today as Elliott mgmt pushed for changes. After the bell, COST to release earnings and tomorrow PCE data is scheduled for release. In Europe, markets are gaining, autos & luxury and mining’s stocks are higher. Oil prices are off by 2%. Saudia Aribia is said to be abandoning its $100 barrel price target as it looks to ramp up production.
NewsWare’s Trade Talk: Friday, September 20 | NewsWare‘s Trade Talk
S&P Futures are weakening this morning as the markets react to more cental bank decisions. The economic calendar is light today. Overnight, Lennar, Fed Ex and MillerKnoll released disappointing earnings. The BOJ and the PBOC left rates unchanged, markets were expecting a rate cut from the PBOC. Nike’s CEO announced his retirement. Autos are weak as Mercedes trimmed its forecast amid ongoing weakness in China. Chip stocks are also falling. In Europe, markets are pulling back as autos, luxury and tech stocks fall. Oil prices are edging lower as China’s PBOC left rates unchanged overnight.
NewsWare’s Trade Talk: Thursday, September 19
S&P Futures are displaying an aggressive leg higher this morning. After a failed rally yesterday, stocks are back in the green as markets across the globe push higher due to yesterday FOMC announcement. This morning, we have the Jobless Claims and Housing data due out. After the bell today FDX, LEN and MLKN are scheduled to release earnings. Boeing is making moves to preserve cash as strike talks stall. The SEC approved a change to market rules to allow many stocks to be quoted in 1/2 cent increments. In Europe, markets are displaying a strong move higher with gains in autos, basic resources and tech, Oil prices are gaining this morning.
NewsWare’s Trade Talk: Friday, September 13 | NewsWare‘s Trade Talk
S&P Futures are higher this morning. The economic calendar is light. On the earnings front, ADBE delivered guidance that was light as compared to street expectations. RH delivered a beat on higher revenue. Share of Boeing are falling as union works initiated a strike which is halting 737 Max production. Sentiment remains positive ahead of next week’s FOMC meeting. In Europe, markets are displaying gains, and oil prices continue to push higher as oil traders assess the damage created by Hurricane Francine.
NewsWare’s Trade Talk: Friday, September 6 | NewsWare‘s Trade Talk
S&P Futures are falling ahead of this morning Non-Farm Payrolls release. Yesterday’s ADP employment report was considered soft which is creating nervousness ahead of this morning’s release. Overall, the recent bearish sentiment can be best described as markets anxiety on economic growth concerns. On the earnings front, Broadcom delivered a beat last night, but their forward guidance as light. This is a continuing theme being seen on AI related stocks. Salesforce announced a 1.8B takeover of Own Company. Costco reported August sales slightly below expectations. Looking ahead to next week, On Monday, AAPL to release its lates iPhone and ORCL is releasing earnings. Tuesday is the presidential debate. Wednesday the CPI data is set to be released. On Thursday there is an ECB announcement where a rate cut is being anticipated. In Europe, markets remain lower as economic data came in below expectations, Oil prices are flat to higher this morning.