NewsWare‘s_Trade_Talk
- Business , Economics , News
- November 15, 2024
- 5 views
NewsWare’s Trade Talk: Friday, November 15
S&P Futures are trading lower this morning in a reaction to comments from Fed Chair Jerome Powell that the Fed is not in a rush to lower rates. Put volumes soar in drug stocks as President-elect Donald Trump nominated Robert F. Kennedy Jr., a vaccine skeptic and critic of federal health agencies, to be his Secretary of Health and Human Services. Two key economic reports due out this morning, Retail Sales and Industrial Production. SEC filings displaying position adjustments at major funds continue to come in, AAPL is seeing an elevated number of firms existing positions in the last quarter. In Europe, stocks have gone from flat two lower as anxiety builds ahead of the U.S. markets open. Oil prices are slightly lower due to global demand concerns.
- Business , Economics , News
- November 14, 2024
- 10 views
NewsWare’s Trade Talk: Thursday, November 14
S&P Futures are trading higher this morning ahead of some key economic reports and comments later today from Fed Chair Jerome Powell. On the earnings front, DIS reported positive results and is trading higher. CSCO, JD also delivered positive results but are moving lower. Capri Holding terminates merger with Tapestry. LLY phase 3 data for tirzepatide was very positive. In Europe, stocks are higher on economic data and upbeat earnings. Oil prices are lightly higher ahead of this morning’s stockpiles report.
- Business , Economics , News
- November 13, 2024
- 8 views
NewsWare’s Trade Talk: Wednesday, November 13
S&P Futures are displaying some weakness this morning as markets awaits this morning inflation report. The October CPI reading is due out before the bell. Yields on the 10-year treasury bonds spike yesterday to their highest level since July in anticipation of a hot inflation reading. The 10 yr yield is at 4.416% this morning. Spirt Airlines is expected to file for bankruptcy as Frontier drops its merger bid. Super Micro says that they are unable to file their 10-Q on time. In earnings news SPOT, FLUT, OXY & CAVA traded higher on their releases. After the bell today markets will be watching for earnings results from Cisco. Share of AMGN are higher as company states that there is no link between bone mineral density changes and its weight loss drug “MariTide” In Europe, stocks have moved from higher to flat on the day with inflation data in focus.
- Business , Economics , News
- November 12, 2024
- 10 views
NewsWare’s Trade Talk: Tuesday, November 12 | NewsWare‘s Trade Talk
S&P Futures are lower this morning as global markets mover lower.. The key economic event for today will be a speech from Fed Governor Christopher Waller, markets are also looking ahead to tomorrows CPI report. In earnings news Home Depot delivered a positive report and raised guidance. After the bell today SPOT & OXY are scheduled to release. In Europe, stocks are lower due to disappointing economic releases and weakness in China. Oil prices are higher after yesterday’s big sell off.
- Business , Economics , News
- November 11, 2024
- 9 views
NewsWare’s Trade Talk: Monday, November 11
S&P Futures are higher this morning as markets remains enthusiastic on the possibility of future growth with the new administration. Today is veterans’ day, banks and the bond markets will be closed. No economic reports today. Wednesday CPI report will be the highlight for the week. On the earnings front this week, HD, AZN, CSCO, DIS & AMAT are all scheduled to report. In Europe, stocks are higher due to corporate earnings announcement and ahead of this weeks inflation report. Oil prices are lower as Hurricane Rafael concerns in the Gulf of Mexico have dropped substantially.
- Business , Economics , News
- November 8, 2024
- 13 views
NewsWare’s Trade Talk: Friday, November 8 | NewsWare‘s Trade Talk
S&P Futures are flat to lower in a reaction to corporate earnings. On the earnings front ABNB, ANET, ARRY, DKNG, FTNT, AKAM & TTD are moving lower after announcements. China announced a new stimulus plan which focuses in on debt refinancing. NVDA & SHW ar added to the Dow Jones Industrial Average replacing INTC & DOW. Fed Speaker on watch today as the FOMC announced its 25 basis point rate reduction yesterday. In Europe, stocks are lower as China’s stimulus announcement was not as powerful as expected. Oil prices are lower as concerns on a Hurricane in the Gulf of Mexico are falling.
- Business , Economics , News
- November 7, 2024
- 12 views
NewsWare’s Trade Talk: Thursday, November 7 | NewsWare‘s Trade Talk
S&P Futures are displaying gains this morning after yesterday impressive rally. The markets are awaiting a monetary policy decision from the FOMC today. On the earnings front APP, ELF, LYFT, MCK, QCOM, DDOG & RL are higher after announcements. After the bell today, ANET, ABNB, TTD, SQ, DKNG & RIVN are scheduled to release. Data on Jobless Claims & 3Q Productivity & Cost to be released before the opening bell. In Europe, stocks are higher, The FTSE is only showing a minor gain ahead of today’s BOE decision. Oil prices are showing some weakness this morning.
- Business , Economics , News
- November 6, 2024
- 13 views
NewsWare’s Trade Talk: Wednesday, November 6
S&P Futures are higher this morning with the election outcome in focus. A Republican sweep of the house and senate means less gridlock. Bond yields are on the rise and the dollar is strengthening. Markets are likely to show strong momentum this morning. On the earnings front CVS, IRM, JKHY & PRGO are higher after announcements. After the bell today ARM, QCOM, GILD, MCK and LYFT are scheduled to release. The FOMC meeting begins today with an announcement scheduled for Thursday. In Europe, markets are higher and economic releases were positive. Oil prices are falling as the API’s stockpile estimates indicated weakness ahead of today EIA report.
- Business , Economics , News
- November 5, 2024
- 12 views
NewsWare’s Trade Talk: Tuesday, November 5 | NewsWare‘s Trade Talk
S&P Futures are higher this morning with the focus on today’s presidential election. While there will be elevated political commentary throughout the day, earnings and economic news will be a source of volatility. Boeings machinist union agrees to end strike. EU investigators conducted searches of NFLX offices due to a tax fraud investigation. APO, HIMS, LPX, PLTR & RACE all delivered earnings beats. MPC announced a $5B share buyback. In Europe, markets remain cautiously higher with commodity related stocks trading higher. Oil prices are higher due to positive economic data out of China.
- Business , Economics , News
- November 4, 2024
- 12 views
NewsWare’s Trade Talk: Monday, November 4 | NewsWare‘s Trade Talk
S&P Futures are higher this morning as the markets enter into a week that will be full of market moving headlines. The U.S. elections, Central Bank decisions, and earnings reports will be in focus. The Fed has pushed back their announcement to Thursday due to the election. INTC & DOW are being removed for the DJIA, they are being replaced by NVDA & SHW. Changes are taking place before the open on Friday November 8th. Middle East tensions are on the rise as Iran is threating retaliatory action on Isreal with more powerful warheads. Boeing striking worker are voting on a new proposal today that could end the strike. In Europe, markets are cautiously higher as commodity related stocks gain. Oil prices are spiking higher as Iran tough talk on a pending strike on Isreal is elevating tensions in the region.
