NewsWare‘s Trade Talk

NewsWare’s Trade Talk: Monday, February 14

S&P Futures are moving lower this morning. Bond yields and stock futures fell on the possibility of an imminent war in Europe after weekend diplomacy between Western leaders and Russian President Vladimir Putin failed to yield a breakthrough. There is a media report suggesting that the CIA intercepted a message intended for Russian Generals to begin its invasion of Ukraine on Wednesday, Feb. 16. The threat of a Russian invasion of Ukraine is shaking up a fragile global oil market, pushing prices higher. In deal news, Lockheed Martin scraps to buy out Aerojet & Cisco is said to be looking to buy Splunk for $20B.

NewsWare’s Trade Talk: Friday, February 11

S&P Futures are moving lower this morning as bond yields rise. The volatility is being driven by yesterday's higher than expected CPI print, which has resulted in calls for interest rate increases. Earnings season remains a focus of the markets and Private equity firm Apollo is closing in on $2.3 billion deal to buy Worldline. On the economic calendar is the University of Michigan's February consumer sentiment index at 10:00 a.m. The weekly Baker Hughes North American oil-and-gas rig count posts at 1:00 p.m.

NewsWare’s Trade Talk: Thursday, February 10

S&P Futures are moving lower this morning ahead of the CPI release. Inflation is like to remind elevated, but the JPM trading desk is said to preparing for a number that is below estimates. Oil prices are back over the $90 level and Walt Disney delivered a very positive earnings report last night.

NewsWare’s Trade Talk: Wednesday, February 9

S&P Futures are moving higher and government bond yields fell following a recent climb, potentially easing some pressure on technology shares. The market continues to be cautious on a number of factors that could affect earnings, including an anticipated increase in interest rates this year, elevated inflation, and supply-chain disruptions. Tensions are lowering between Russia and Ukraine, Oil is showing signs of weakness as U.S. Iran talks remain positive. Positive earnings results are powering the market higher this morning.

NewsWare’s Trade Talk: Tuesday, February 8

S&P Futures have reversed direction and are now trading slightly lower this morning. This morning we will be getting an update on the latest Trade Deficit figures as well as a host of earning reports. Markets have been roiled by volatile trading in recent sessions, prompted in part by expectations of higher rates. The Fed's expected tightening comes against a backdrop of moderating growth and investors have been reassessing which companies are best placed to weather the more challenging outlook - Tech stocks valuation have clearly been reevaluated. Oil prices are trading lower this morning as U.S. Iran talks continue to take small steps forward.

NewsWare’s Trade Talk: Monday, February 7

S&P Futures have reversed direction and are now trading slightly higher this morning. There are a number of market catalysts this week. There are a significant number of companies reporting earnings as 83 S&P 500 companies are reporting this week. There is an inflation reading on Thursday with the release of the CPI report. Then there is the Russia Ukraine situation which could cause significant disruption to the oil market if hostilities commence.

NewsWare’s Trade Talk: Friday, February 4

S&P Futures have turned negative after displaying gains all morning. The market was given a boost yesterday after the close as earnings reports from AMZN, PINS, and SNAP were positive. The Key economic event today will be the release of the Non-Farms Payroll report. Media reports that President Biden is expected to comment on the report later this morning. The Senate is moving forward with its bill that is aimed at AAPL and GOOG 30% commission on all app sales. The house is expected to pass legislation today that will provide incentives to the Semiconductor industry to bring production back to the U.S.

 

NewsWare’s Trade Talk: Thursday, February 3

S&P Futures have been lower all morning. Indexes are likely to stumble today as social media stocks are displaying significant losses after disappointing earnings results from Facebook. The disappointing results from FB is pushing all social media stocks lower. It is a heavy day for economic releases today as the market awaits reports on U.S. Preliminary Productivity & Costs for 4Q, U.S. Factory Orders for December; U.S. Weekly Jobless Claims, and U.S. Markit Services PMI for January. Also, the ECB will be making an announcement on monetary policy. After the bell today earnings reports from AMZN CLX, F, and PINS are scheduled for release.

 

NewsWare’s Trade Talk: Wednesday, February 2

S&P Futures are trading higher this morning. Last night's earnings news from AMD and GOOG has created a positive sentiment for the day. This morning we have the January ADP national employment report being released. This report is a precursor to Friday's Non-Farm Payrolls report. There is an OPEC meeting today and it is expected that they will agree to another 400 mbpd production increase.

NewsWare’s Trade Talk: Tuesday, February 1

S&P Futures are flat to lower this morning. Stock futures along with Treasury yields are edged lower ahead of today's manufacturing data releases and earnings from big-name companies including Exxon Mobil and Alphabet. AT&T announced plans to spin-off Warner media after closing on the Discovery transaction. Euro markets opened up higher and have continued to gain.