NewsWare‘s Trade Talk

NewsWare’s Trade Talk: Tuesday, March 1

S&P Futures are lower as fighting intensifies in Ukraine. The geopolitical situation remains fragile as the global market prepares for increases in inflation and rising interest rates. The Fed now appears set for a move of 25 basis points, but we will get clarity on this tomorrow when Fed Chair speaks on Capitol Hill. Oil prices are back over $100 a barrel and a move on releasing oil for strategic reserves around the world gathers support. Key economic reports for today include U.S. Construction Spending for January and the U.S. ISM report on Business Manufacturing for February. Shares of Target are showing solid gains this morning after a positive earnings release.

NewsWare’s Trade Talk: Monday, February 28

S&P Futures are falling and oil is rising as the market reacts to this weekend's sanctions announcements on Russia. Russia's central bank opted for an emergency interest-rate hike to combat a collapse in the ruble, more than doubling its benchmark rate to 20%. A Ukraine delegation is in Belarus meeting with Russian negotiations right now, any sign of an easing of hostilities would be positive for the markets. Defense contractors are surging this morning in the premarket as Germany has boosted its defense spending. After the close today, we have earnings reports from HPQ, KFY, SBAC, WDAY & ZM.

NewsWare’s Trade Talk: Friday, February 25

S&P Futures rise after trading lower earlier this morning ahead of the markets open. Russian forces have entered Ukraine's capital as the fighting has intensified. Russia has stated that it will not commence with negotiations until Ukraine forces submit to defeat. The EU will formally sign off on sanctions Friday that will cut 70% of Russia's banking system off from international financial markets. Oil prices are moving lower as the sanctions did not include removing Russia from the SWIFT network. There are a host of economic reports set for release this morning & we have positive earning reports out from FL and CRI.

NewsWare’s Trade Talk: Thursday, February 24

S&P Futures are down 2% ahead of the markets open. Global equities are trading sharply lower this morning after Russia invaded Ukraine. Crude oil has moved higher by 8% as the markets await word on the new sanctions against Russia. Russian equities markets dropped over 30% today as the coming sanctions may cripple their economy. Bond yields are dropping as traders move capital into safe-haven asset classes.

NewsWare’s Trade Talk: Wednesday, February 23

S&P Futures are displaying gains ahead of today's opening bell. Futures are off their earlier highs but remain positive. Markets are attempting to price in the sanctions news which does not appear to be as harch as anticipated. Oil is moving lower and tech stocks are showing gains. There ae no significant economic announcements this morning, but the news related to Russian aggression will remain a topic of discussion this week.

NewsWare’s Trade Talk: Tuesday, February 22

S&P Futures pushed lower overnight night but has recovered some of those losses this morning. The key catalyst for today is Putin's move to recognize the separatist areas of the Ukraine and to announce that he will be moving in troops to these areas. As a result, Germany has halted the approval process of the Nord Stream 2 pipeline. there are multiple economic reports this morning and this afternoon we have earnings reports due out from BCC, TOL, TDOC, RNG, A & PANW.

NewsWare’s Trade Talk: Friday, February 18

S&P Futures are trading higher but remain cautious after yesterday's sell-off. This key economic report due out today is the Existing Home Sales report which is expected to show a slight drop from the December report. Markets remain concerned about the prospect of a Russian invasion of Ukraine, Diplomates from the U.S and Russia are scheduled to meet next week. President Putin has indicated that the build-up are exercises that are scheduled to end on 2/20. Yields on 10-year US Treasuries dropped below 2% and oil futures are trading lower.

NewsWare’s Trade Talk: Thursday, February 17

S&P Futures are trading lower in the pre-market. This morning we have a host of economic indicators set for release including Jobless Claims & Housing Starts. Markets continue to display a bearish sentiment as Russia continues to keep its troops on the Ukraine border in an aggressive position. Oil prices are weakening as the talks on Iran Nuclear Accords are about to end.

NewsWare’s Trade Talk: Wednesday, February 16

S&P Futures are slightly lower after yesterdays strong move higher. The main catalyst for today will likely be the release of the Fed's meeting minutes this afternoon. Tensions between Russia and Ukraine may have lessened, but there are few indications that a drawdown in troops has begun. This morning the market will digest a host of economic reports including one on Retail Sales, Industrial Production, and the EIA oil stockpile report. This Afternoon we have earnings reports due out from AMAT, CSCO, DASH, and NVDA.

NewsWare’s Trade Talk: Tuesday, February 15

S&P Futures are displaying a solid move higher this morning. The move higher is based on comments from Russia's Defense Ministry who said some troops on the Ukrainian border were returning to their bases after completing training. The news pushed the U.S. & European indices higher and oil prices lower as expected. Before the bell, watch for the release of the Producer Price Index, which covers prices that suppliers charge businesses, it could offer some insights into inflation. Last month's figures showed price rises cooling, a sign that supply-chain bottlenecks may be easing. In deal news, Intel is buying Tower Semiconductor for $53.00 per share.