NewsWare‘s Trade Talk

S&P Futures are gaining this morning as tech stocks move higher. Last night's earnings report from NVDA remains the key story for today's action. Also, this morning, markets will be paying attention to a couple of economic reports. DuPont de Nemours is planning to split itself into three publicly traded companies. Justice Dept appear ready to file suit against Live Nation ticketing monopoly. Ukraine may receive approval to use ...

S&P Futures are lower this morning with a host of market catalysts on tap. The afternoon release of the Fed Meeting minutes are expected to come across with a hawkish tone. This morning the market is reacting to earning reports from ADI, TGT & VIPS. After the bell today NVDA and SNOW are releasing. Expects some additional announcements from the MSFT Build conference today. Mgmt changes at LULU is causing weakness in the sto...

S&P Futures are flat to slightly higher this morning. On tap today will be host of comments from Fed officials as they attempt to provide clarity on their positions ahead of the release of the Fed Minutes tomorrow. The MSFT Build conference gets underway today. IBM makes AI announcements related to deals with CRM and Saudi Arabia. On the earnings from tech stock PANW & KEYS are moving lower after releasing beats yesterday. ...

S&P Futures are positive this morning. Fed speakers are out in force this morning likely looking to underscore the current narrative that rates need to remain higher for longer. The FOMC Meeting notes to be released on Wednesday. In company news, Apple is expected to announce its iOS18 at next month conference, heard they have added OpenAI tech to their operating system. Elliott is said to have built a 1B stake in Johnson Contr...

S&P Futures are flat and rather non directional this morning. Markets will be paying attention to comments from Fed speaker and key corporate developments today. Fed Gov Waller typically creates market volatility when he speaks. In company news, Microsoft will offer cloud-computing customers the option of using AI chips from Advanced Micro Devices instead of Nvidia AI processors. RDDT announced a deal with Open AI and last nigh...

S&P Futures are slightly higher again this morning. Corporate earnings in focus as CSCO delivered a solid report last night. BIDU & JD are higher, DE is lower on earnings this morning. Key economic data point for today will be the Jobless Claims report before the bell, there is also a host of Fed Speak happening today. China is set to release reports this evening on retail sales and industrial production. In Europe, markets...

S&P Futures are slightly higher this morning ahead of this morning Consumer Prices Index release. The annual core reading is expected to come in at 3.6% vs. 3.8% last month. Mester of the Cleveland Fed feels that it is too early to conclude that inflation is reversing. Markets have seen a host of positive AI announcements this week, the MSFT Build conference starts on Tuesday (5-21). After the bell today CSCO is set to report. ...

S&P Futures are flat to higher this morning with the pending release of the Producer Price Index in focus. Data is due out 1 hour before the opening bell and a reading of 0.3% expected. Tomorrow the attention will be on the CPI data. Fed Chair Jerome Powell is scheduled to speak at a conference this morning. The White House announced a slate of tariffs on China-made products ranging from steel to electric vehicles. In Europe, m...

S&P Futures are showing gains this morning as markets awaits key economic and earnings releases this week. Tomorrow the attention will be on the PPI report, on Wednesday it will be on the CPI data. Fed Chair is set to speak tomorrow at a conference. Earnings announcements are expected from Home Depot and Alibaba on Tuesday, Cisco on Wednesday and Walmart on Thursday. In Europe, markets are flat to lower. Oil prices are slightly...

S&P Futures are extending their gains this morning. The cooling job market is boosting markets expectations on rate cuts. Markets will be paying attention to the elevated number of Fed speakers today for commentary on inflation and the timing of rate cuts. The Biden administration is said to be looking to roll out new tariffs on China's EV sector. Key inflation data is due out next week including the PPI on Tuesday and the CPI ...

S&P Futures are flat to lower and in need of a spark. ARM's forward guidance has markets concerned. APP beat forecasts And COST delivered positive same store sales data after the bell yesterday. In focus this morning is the Weekly Jobs data and a monetary policy announcement from the BOE. In Europe, markets are mainly higher with gains in autos and energy stocks. Oil prices are positive this morning due to China's trade data an...

S&P Futures are flat to higher with the markets looking for a catalyst to create volatility this morning. Earnings announcements continue to be a key factor behind the market momentum with positive earnings reports from ANET, WYNN &RDDT. Next week Walmart and Home Depot are scheduled to release. President Biden is in WIS to announce a $3B MSFT datacenter while his administration has revoked the export licenses that allow In...

S&P Futures are higher this morning as encouraging Fed speak yesterday is reigniting the markets expectations for rate cuts this year. Positive earnings from DIS, J & KVUE has hit the tape already this morning. After the bell today watch for earnings from ARM, ABNB, TTD, APP & HOOD. The EU has approved the acquisition of U.S. Steel by Nippon Steel. Apple has made multiple announcement this morning ahead of this morning'...

S&P Futures are higher this morning as the market remains positive on Friday's employment report which is viewed as a catalyst for the Fed to lower interest rates. Positive earnings from Berkshire Hathaway came out over the weekend, they also revealed that they lower their stake in AAPL. Lowes reported a beat this morning on higher revenue. Middle East tensions are rising as ceasefire talks appear to be in jeopardy. In Europe, ...

S&P Futures are showing positive activity this morning ahead of the widely anticipated Non-Farms Payrolls report this morning. The payrolls data is the key economic data point for the day and is expected to show a number near 240K added jobs for April. Earnings from AAPL beat against a low bar. AMGN also beat, but their update on their weight loss drug is causing significant gains this morning. Key earnings announcements for ne...

S&P Futures are showing strong gains this morning as markets continue to digest yesterday's commentary from Fed Chair Jerome Powell. His comment that the next move is not likely to be a hike was well received. The economic calendar is highly active this morning with employment data on tap. MSFT announced a big investment in Malaysia for its cloud and AI efforts. Strong rebound in Hong Kong, Chinese tech stocks are gaining. Ther...

S&P Futures are slightly lower this morning as the market is preparing for a negative commentary on interest rate by the Fed this afternoon. The economic calendar is highly active this morning, but the key datapoint for today will be the Fed announcement. CVS lowered full year guidance, JNJ is looking to spin litigation risk for talc powder lawsuits into a new fund. There were a host of key earnings announcements last night and...

S&P Futures are slightly lower this morning with corporate earnings and tomorrows Fed announcement being the key short-term factors for markets. On the economic front, the Fed starts its two-day meeting today, later this morning there is the Consumer Confidence report being released. MMM came in with an earnings beat this morning. After the bell today AMZN & AMD are scheduled to release. In Europe markets are slightly lower...