NewsWare‘s Trade Talk

NewsWare‘s Trade Talk: Thursday, November 18

S&P Futures are trading higher this morning. The key economic report due out today is the weekly jobless claims. We also have earnings reports due out from M & KSS. Crude oil continues to weaken as importing nations are looking to work together and release stockpiles from their reserves. President Biden is like to make an announcement on the FOMC chairman position today or tomorrow.

NewsWare‘s Trade Talk: Wednesday, November 17

S&P Futures are trading slightly lower this morning. This morning's key economic reports include Housing Starts and the EIA weekly stockpiles reports. This morning we have earnings reports due out for LOW, TGT and TJX.

NewsWare‘s Trade Talk: Tuesday, November 16

S&P Futures are fluctuating between gains and losses. This morning's key economic reports include the Retail Sales and Industrial production reports for October. Bond yields are at 3-week highs as inflation worries remain a factor of concern. This morning, Home Depot released another strong earnings report. 

NewsWare‘s Trade Talk: Monday, November 15

S&P Futures are positive while bond yields are dropping this morning. Shares of Boeing are up 2.5% this morning as the company releases multiple new orders. HD and WMT are seeing gains as both companies are scheduled to release earnings tomorrow morning.

NewsWare‘s Trade Talk: Friday, November 12

S&P Futures are indicating a higher opening this morning. JNJ will be leading the DJX higher today as it has announced plans to split the company into two separate units. Oil is moving lower due to lower demand forecast from OPEC and a stronger dollar. The bond market reopen after a holiday yesterday and the 10 Year Treasury rose to 1.571% from Wednesday's close of 1.558%.

NewsWare‘s Trade Talk: Thursday, November 11

S&P Futures are displaying solid gains this morning. Asian markets moved higher overnight on positive news that the troubled property developer Evergrand made a scheduled debt payment. European markets are also displaying gains. Yesterday's inflation data came in hotter than expected causing equity prices to weaken, but the market appears to have digested the increase. T

NewsWare‘s Trade Talk: Wednesday, November 10

S&P Futures are moving lower ahead of key economic reports being released this morning. Jobless Claims are being released today as tomorrow is a Federal Holiday and the release of the CPI report is likely to create volatility this morning.

NewsWare‘s Trade Talk: Tuesday, November 9

S&P Futures are moving fractionally higher this morning ahead of today's PPI report. The PPI report is a gauge of inflation and could be a market-moving report this morning. Estimates are for an 8.6% year-over-year rise on the PPI, with a 6.8% increase on the PPI core. Listen to today's epsiode to hear about this and other market moving news of the day.

NewsWare‘s Trade Talk: Monday, November 8

S&P Futures are moving higher this morning as Congress approves the infrastructure bill. Oil prices continue to gain as Saudi Arabia raises its price for light sweet crude and TSLA is off as Musk is being promoted to sell holdings on Twitter. 

NewsWare‘s Trade Talk: Friday, November 5

S&P Futures are moving higher this morning. The market remains positive leading into today's Non-Farm Payroll Report scheduled to be released before the market open.