NewsWare‘s Trade Talk

NewsWare's Trade Talk: Thursday, March 20

S&P Futures just moved from flat to lower. The Fed left rates unchanged. They continue to project two rate cuts this year but warned of an uptick in inflation & unemployed for this year. President Trump is expected to sign an Executive Order today aimed at closing the Dept of Education. Chevron lobbied the president for a two-month extension to his order to shut down its operations in Venezuela. Western European nations are holding discussions to provide Ukraine with a peace keeping force. Jobless Claims are due out before the opening bell, expectations are for a reading of 225k. After the open, Existing Home Sales are due out, a reading of 3.95m is expected. Earnings are in focus today with NKE, FDX, MU & LEN set to report after the bell today.

NewsWare's Trade Talk: Wednesday, March 19

S&P Futures are trending higher this morning as the market prepares for this afternoon announcement on monetary policy from the Fed. No changes in rates or Dot Plot expectations are likely. President Trump's pending tariff action remains a key pending factor for the economy which Fed Chairman Powell will likely avoid commenting on during his press conference. President Trump is scheduled to meet with top U.S. oil executives today to discuss boosting domestic energy production. ADSK is higher as Starboard Value is expected to launch a proxy fight. Fitch Ratings lowered its outlook on global growth & raised its inflation expectations for the U.S. SIG is higher after its earnings release this morning. After the bell today, FIVE will report and tomorrow morning ACN, DRI, FDS & JBL are scheduled to report.

NewsWare's Trade Talk: Tuesday, March 18

S&P Futures are displaying weakness this morning ahead of a host of economic reports, rising geopolitical tensions and the start of the Fed meeting.  Tensions in the Middle East are rising as Isreal launched airstrikes in Gaza this morning. President Trump to speak to Russian's Putin today on Ukraine war. Putin is demanding a suspension of all weapons deliveries to Ukraine during the proposed ceasefire. Trump's tariff policies remain rather vague as the administrations is working on its messaging, however tariff are a negative catalyst. Google is said to be continuing its talks with cybersecurity firm Wiz on a potential $30b deal. NVDA conference starts today. ADBE Summit 2025 investors meeting is today after the market closes. TME is higher after its earnings announcement and news of a $1b share buyback.

NewsWare's Trade Talk: Monday, March 17

S&P Futures are negative this morning as markets react to Treasury Secretary Bessent comments about not being concerned about the recent selling pressure in equities.  Bessent’s comments reinforced the view that the Trump administration is unlikely to consider markets reaction to its policy changes. This morning's key economic release will be the Retail Sales data. Nivida's GPU Technology conference starts tomorrow. In the week ahead, there is a Federal Reserve monetary policy meeting and Fed officials will be updating their Dot Plot estimates on the forward path of interest rates. President Trump to speak to Russian's Putin tomorrow on Ukraine war. China is preparing a stimulus announcement. NKE, MU, FDX, ACN FIVE, GIS are all releasing earnings this week.

NewsWare's Trade Talk: Friday, March 14

S&P Futures are showing positive gains this morning due to expectations that a government shut down will be avoided. Senate Majority leader Chuck Shumer announced that he will be backing the bill. The announcement of press briefing in China on Monday has markets expecting stimulus action. President Trump will be at the Justice Dept this afternoon to discuss his agenda. Key economic reading for today will be the Consumer Sentiment data from the Univ of Michigan, the report will contain inflation expectations. ULTA, DOCU & SMTC are higher after releasing positive earnings last night.

NewsWare's Trade Talk: Thursday, March 13

S&P Futures are flat to higher this morning as the market awaits economic releases on Jobless Claims data and the Feb PPI data. Trump tariffs continue to weigh negatively on the sentiment. President Trump indicated that he would respond to the EU countermeasures. Upcoming market catalysts for next week includes the potential government shut down, NVDA CEO speech and the FOMC meeting. April 2nd remains a key date on the calendar as President Trump is expected to implement a new round of tariffs. Intel names former board member Tan as permanent CEO. FTC plans to continue with its action on big tech firms MSFT & AMZN. After the bell today, SSTC, DOCU & ULTA will be releasing earnings.

NewsWare's Trade Talk: Wednesday, March 12

S&P Futures are moving higher this morning after a tumultuous trading session on Tuesday. The Trump administration's 25% tariffs on all steel and aluminum imports went into effect today. The European Union announced retaliatory tariffs that will start April. CPI data is due out before the opening bell and a softer reading is expected.  TSMC has approached Nvidia and other U.S. chip companies about taking stakes in a joint venture that would operate Intel's factories. Congress passed a Continuing Resolution bill, Senate approval will prove more difficult. After the bell today, ADBE, CCI PATH, S and AEO will be releasing earnings.

NewsWare's Trade Talk: Tuesday, March 11

S&P Futures are displaying slight gains after yesterday sell-off. Markets are showing concerns with elevated premiums in tech stocks and President Trumps economic agenda / tariff action. Delta Airlines cut their Q1 guidance and indicated the reduction in consumer and corporate confidence caused by macro uncertainty. President Trump is scheduled to meet with the CEO's of CSCO, JPM & C today. Congress may vote on the Continuing Resolution bill today; passage of the bill remains challenged in both the House and the Senate. Shares of ORCL & DKS are moving lower after their earnings announcements.

NewsWare's Trade Talk: Monday, March 10

S&P Futures are falling this morning as markets fade Friday's positive comments on the economy from Fed Chair Powell. In an interview over the weekend, President Trump said the economy faces a period of transition and did not rule out a recession. Economic data out of China over the weekend came in weak. Inflation data is on tap this week with report on CPI & PPI due out. Congress is working on a bill to avoid a government shutdown later this week. On the earning front reports are due out this week include ORCL, KSS, DKS, CASY, ADBE, & ULTA.

NewsWare's Trade Talk: Friday, March 7

S&P Futures are positive this morning ahead of today's Non-Farms Payrolls report this morning. President Trump is holding a Crypto Summit at the White House today, last night he signed off on the creation of a strategic bitcoin reserve. Fed Chair Jerome Powell is scheduled to speak today. Tariff news continues to dominate the sentiment, markets react negatively to uncertainty and tariff process has been highly chaotic. On the earning front, AVGO, GAP and GWRE are higher after their releases. Earnings reports due out next week include ORCL, KSS, DKS, CASY, ADBE, & ULTA.