NewsWare‘s Trade Talk

NewsWare's Trade Talk: Friday, July 18

S&P Futures are extending their recent gains as earnings reports were positive and M&A activity starts to heat up. Fed Governor Waller came out swinging for a July rate cut, although this is unlikely to occur. On the economic front, the focus will be on the Michigan Consumer Sentiment report. President Trump is holding a dinner with republican Senators tonight to discuss key legislative priorities. Union Pacific is considering a bid for Norfolk Southern. The earnings report from Netflix was mainly positive, however the stock is trading lower this morning. AXP, IBKR, MMM And SLB are higher after releasing their earnings. On Monday morning VZ & DPZ are scheduled to report. 

NewsWare's Trade Talk: Thursday, July 17

S&P Futures are flat to lower this morning with corporate earnings announcement in focus. GE, PEP, MMC AA & TSM are higher after their updates. On the economic front reports on Retail Sales and Jobless Claims are due out before the open. Trade deal talks with the E.U. heat up and an announcement is expected soon. China is pushing for its Cosco to be an equal partner in Blackrock MSC deal over ownership of western ports. After the bell today are earnings reports from NFLX & IBKR. Friday morning earnings releases are expected from AXP, MMM, SLB & SCHW.

NewsWare's Trade Talk: Wednesday, July 16

S&P Futures are flat to lower this morning as market await this morning PPI report. President Trump indicated that drug tariffs are likely by Aug 1st with tariffs on semis to follow shortly afterwards. President Trump to meet with leaders from Bahrain and Qatar today. TTD gains on its inclusion to the S&P500. On the earnings front, BAC & JNJ are higher after earnings releases, GS & MS to report this morning. Tomorrow morning, GE, ABT, PEP, CTAS, NVS will be reporting.

NewsWare's Trade Talk: Tuesday, July 15

S&P Futures are positive this morning as market react to the latest trade developments. Nivida appears to have the green light to ship its H20 chip to China. President Trump indicates a wiliness to discuss tariff rates with the E.U. President Trump will be in Pennsylvania today and is expected announce a $70B investment in AI and Energy. Before the bell today is the June inflation data as the CPI data is due out. TTD gains on its inclusion to the S&P500. On the earnings front, JPM, BK & WFC are higher after earnings beats. Tomorrow morning, JNJ, BAC, MS & GS will be reporting.

NewsWare's Trade Talk: Monday, July 14

S&P Futures are moving lower this morning due to this weekend's announcement from the White House on tariffs. President Trump has indicated his intention to impose 30% tariffs on the E.U. and Mexico starting August 1st. President Trump will be meeting with the Secretary General of NATO this morning, he is expected to make a major announcement on Russia today. Congress is set to vote on a series of Crypto bills this week. Boeing shares are higher this morning as Air India investigation points to pilot error. No major economic events are due out today, Tuesday's CPI report is being widely anticipated. On the earnings front, FAST is moving higher ahead of this morning earnings announcement. Tomorrow morning, earning reports are due from ACI, STT, BK, C, BLK, WFC & JPM.

NewsWare's Trade Talk: Friday, July 11

S&P Futures are moving lower this morning as the latest tariff developments have markets on edge. Continuing changes in tariff policy is a negative factor for markets. President Trump announced that tariffs on Canada will be 35% effective August 1st. He also indicated that new tariffs on the European Union will be announced soon. A trade agreement with India remains in focus. Achieving trade deals with other nations has proven to be difficult for the Trump administration. Congress is set to vote on Crypto legislation next week. Air India investigators may release a preliminary report today. No major economic events are due out today. On the earnings front, LEVI is moving higher after an earnings beat last night.

NewsWare's Trade Talk: Thursday, July 10

S&P Futures are displaying modest weakness this morning. After the bell yesterday, President Trump announced that the U.S. will impose 50% tariffs on copper imports. In addition, he also declared that imports from Brazil will be hit with 50% tariffs. Both are schedule to start on August 1st. The key economic event today will be the release of the Weekly Jobless Claims. In corporate news Delta is trading higher after an earnings beat. Boeing shares continue to climb as the Air India investigation appears to be focused on fuel switches and not a design flaw.  Italian candy maker Ferrero appears to be nearing a deal to buy WK Kellogg for $3 billion. Costco released positive sales data for June and DLTR announced a large share buyback. After the bell today, WDFC & LEVI are set to report earnings.

NewsWare's Trade Talk: Wednesday, June 9

S&P Futures are positive this morning as the market are anticipating announcement on trade deals. Treasury Secretary Scott Bessent and the Director of the White House National Economic Council Kevin Hassett are being discussed as the top candidates to succeed Jerome Powell as the next Fed Chair. Key economic event today will be the Fed's Meeting Minutes from last months fed meeting. Merck announced a deal to takeover VRNA. Boeing is higher on upbeat news related to plane deliveries. On the earning front, AZZ to release after the close today, tomorrow morning, SMPL, CAG & DAL are scheduled to release.

 

 

NewsWare's Trade Talk: Tuesday, July 8

S&P Futures are moderately higher this morning with tariff developments and pending trade deal in focus. President Trump sent out tariff letter yesterday, neither India nor the E.U. received letters. As a result, markets are expecting trade deals to be announced this week with India and the E.U. No major economic releases are due out today. Tech stocks are displaying positive action in the pre-market. On the earning front, Delta Air Lines, Conagra Brands, Levi Strauss, Simply Good Foods, PriceSmart, AZZ Inc., and WD-40 are expected to release this week.

NewsWare's Trade Talk: Monday, July 7

S&P Futures are displaying modest weakness this morning as markets await details from the White House, where President Trump is expected to send out tariff letters to numerous countries today. The focus is on which countries will receive these notifications and what specific tariff rates will be imposed, as the administration’s 90-day pause on higher tariffs expires this week. President Trump will be hosting a state dinner tonight for Israel's Prime Minster this evening. Tesla shares are lower after Elon Musk said he had created a new political party. No major economic releases are due out today. On the earning front, Delta Air Lines, Conagra Brands, Levi Strauss, Simply Good Foods, PriceSmart, AZZ Inc., and WD-40 are expected to release this week.