NewsWare‘s_Trade_Talk
- Business , Economics , News
- October 17, 2024
- 13 views
NewsWare’s Trade Talk: Thursday, October 17 | NewsWare‘s Trade Talk
S&P Futures are indicating a strong start to this morning’s trading session. The positive earnings report for TSM is creating bullish sentiment for the sector. Shares of Expedia are trading higher as UBER is said to be considering a takeover. After the bell today, NFLX is scheduled to report earnings. China’s economic briefing did little to boost sentiment on its troubled real estate sector. The ECB rate decision is this morning, expectations are for a 25 basis point cut. In Europe, markets are higher with autos banks and luxury stocks showing gains. Oil prices are flat to higher.
- Business , Economics , News
- October 16, 2024
- 8 views
NewsWare’s Trade Talk: Wednesday, October 16 | NewsWare‘s Trade Talk
S&P Futures are slightly higher this morning with earnings announcements in focus. UAL, JBHT are moving higher after their releases. Semiconductor stocks are mostly higher this morning. AMSL shares are falling after technical glitch release earnings earlier than expected. After the bell today watch for earnings from AA, CSX, DFS, EFX, LVS & STLD. The ECB rate decision is scheduled for tomorrow. China is scheduled to hold another economic briefing tomorrow on its property market. In Europe, markets are mixed to lower with weakness in luxury and tech stocks. Oil prices are continuing to move lower this morning.
- Business , Economics , News
- October 15, 2024
- 13 views
NewsWare’s Trade Talk: Tuesday, October 15 | NewsWare‘s Trade Talk
S&P Futures are positive this morning as earning reports start to hit the tape. BAC, JNJ & PNC are moving higher after their releases. Israel indicates that they will likely stick to military targets in their expected retaliatory strike on Iran. Boeing reaches a line of credit worth 10B with a group of banks. Google and Kairos Power working on a nuclear power project to supply its data centers with clean energy. In Europe, markets are mixed to lower with this week’s ECB announcement in focus. Oil prices are displaying significant weakness this morning as oil prices fall more than -4% in the pre-market on news reports that Israel will not target Iran energy facilities.
- Business , Economics , News
- October 14, 2024
- 12 views
NewsWare’s Trade Talk: Monday, October 14 | NewsWare‘s Trade Talk
S&P Futures are positive this morning ahead of a relatively quite day in the markets today. Bond Markets are closed as today is a federal holiday. China’s finance minister highlighted the countries stimulus plans without giving specific numbers, addition meetings scheduled for later this month. U.S. to send missile defense system to Israel ahead of the expected Israeli strike on Iran. Shares of Caterpillar are falling after a major broker downgraded the stock. BA is also weak as striking workers continue to hold out. No earnings announcements today due to the holiday. Buffet takes position in Sirius XM. In Europe, markets are mixed to lower with Middle East tensions, this week’s ECB announcement in focus. Oil prices are displaying significant weakness this morning as oil prices fall more than -2% in the pre market.
- Business , Economics , News
- October 11, 2024
- 6 views
NewsWare’s Trade Talk: Friday, October 11 | NewsWare‘s Trade Talk
S&P Futures are flat to lower ahead of this morning’s PPI print. Markets are also waiting on an announcement out of China that is expected to focus on stimulating domestic consumption. BK, BLK FAST, JPM & WFC all reported earnings beats this morning. Shares of TSLA are down more than 5% after last night’s robo taxi event. In Europe, markets are mixed to higher with Middle East tensions, next week’s ECB announcement and tomorrow China announcement in focus. Oil prices are weakening this morning of more than -0.50% in the pre-market.
- Business , Economics , News
- October 10, 2024
- 3 views
NewsWare’s Trade Talk: Thursday, October 10 | NewsWare‘s Trade Talk
S&P Futures are flat to lower and as expected are staying in a tight trading range this morning. Two key economic reports are due out before the bell (CPI & Jobless Claims) either report could create volatility for the markets this morning. DAL & DPZ are moving lower after announcing earnings this morning. COST released Sept sales data which showed an increase of 6.7%. Two big events today, AMD’s Advancing AI conference and TSLA RoboTaxi announcement. Toronto-Dominion Bank is expecting to pay about 3B to settle money laundering issues. In Europe, markets are mixed to lower with Middle East tensions and next week’s ECB announcement in focus. Oil prices are showing gains of more than 1% in the pre-market.
- Business , Economics , News
- October 9, 2024
- 8 views
NewsWare’s Trade Talk: Wednesday, October 9 | NewsWare‘s Trade Talk
S&P Futures are flat to lower in the pre-market. Shares of Boeing are lower as union talks break down. Share of HD are higher as Hurricane Milton approaches landfall in Fla. The DOJ is considering calling for a breakup of Google. Overnight, China announced that an economic briefing is scheduled for Sat. Israel’s leader Netanyahu is said to be having a phone call with President Biden today on the Middle East situation. In Europe, markets are higher as ECB officials indicate that a rate cut is likely next week. Oil prices have turned negative with stockpiles data in focus.
- Business , Economics , News
- October 8, 2024
- 4 views
NewsWare’s Trade Talk: Tuesday, October 8 | NewsWare‘s Trade Talk
S&P Futures are indicating a higher opening this morning as bond yields start to fall. Profit takings is being seen in Chinese stocks; China linked stocks are moving lower. There are a host of Fed speakers today, Fed officials will likely push forward expectations of a 25-basis point cut in November. Pepsi’s earnings delivered a miss on revenue. Honeywell to spin off Advanced Materials business into publicly traded company. GM’s analyst day is likely to create some market moving headlines today. In Europe, markets are lower as profit taking in Chinese stocks weighs on indices. Oil prices are falling yet the attention will remain on Middle East developments.
- Business , Economics , News
- October 7, 2024
- 4 views
NewsWare’s Trade Talk: Monday, October 7 | NewsWare‘s Trade Talk
S&P Futures are indicating a big move lower this morning. Markets are weakening due to rising bond yields and concerns on geopolitical tensions in the Middle East. CPI data for Sept to be released on Thursday. Apollo is buying the Barnes Group for 47.50 a share. Starboard has taken a position in PFE valued at $1B. Key events this week include TSLA robotaxi announcement, GM’s Analysts meeting, and AI events for AMD and HPE. Earnings season gets underway this week. In Europe, markets are mixed this morning. Oil prices are displaying another strong leg higher in the pre-market.
- Business , Economics , News
- October 4, 2024
- 7 views
NewsWare’s Trade Talk: Friday, October 4 | NewsWare‘s Trade Talk
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.
