NewsWare‘s Trade Talk

Delta Variant Continues to Strain Market, Fed Talk Drives Treasuries

This morning's ADP report is a potential catalyst to create a direction for movement today. The market is showing signs of exhaustion as we head into the start of July. The first half of July is likely to be slow, but trading activity will pick up as we head into earnings season later this month.

Tune in to hear what's moving Wednesday's market and where to trade to end up in green.

Delta Strain Stokes Caution for Investors

Markets see fluctuation today as concerns over the highly infectious delta strain of COVID-19 has stoked caution amongst investors. Shares of Morgan Stanley have boosted over 3% in premarket trading after the bank stated that it will double its quarterly dividend. Treasury has remained steady, while oil shares are slipping and gold has headed for the biggest monthly drop in over four years.

Tune in to hear what's moving Tuesday's market and where to trade to end up in green. 

Nasdaq Trades Higher Despite Near 300,00 Tesla Recalls

Tech heavy stocks are making gains this morning, pushing Nasdaq index well ahead of the other markets today and a big reason for this is investors moving into defensive shares over firms that stand to benefit from reopening. 

Elsewhere in markets, treasuries have risen higher along with the dollar and crude oil has fluctuated around $74 a barrel.

Tune in to hear what's moving Monday's market and where to trade to end up in green. 

Banks Gain After Fed's Stress Test

Markets are steady today as investors weigh the outlook for economic recovery, while US lenders have risen after clearing stress tests. Bank of America, JPMorgan Chase and Citigroup are all higher in premarket today as Wall Street banks passed the Federal Reserve’s stress tests. Nike has also helped dictate market optimism, jumping 12% in premarket after an upbeat sales forecast from the sportswear maker.

The benchmark 10-year US Treasury yield hovered around 1.5%, while oil trimmed a weekly gain ahead of an OPEC meeting.

Tune in to hear what's moving Friday's market and where to trade to end up in green. 

Markets in Green, US Solar See Gains Off of Potential China Barring

S&Ps have begun to regain some momentum with Tesla up in premarket and First Solar climbing higher as the US said it was on verge of barring some solar products made in China’s Xinjiang region.

The dollar, along with yields on 10-year treasuries, have remained steady and oil has held gains above $73 a barrel.

Tune in to hear what's moving Thursday's market and where to trade to end up in green. 

Fed Speak Steadies Markets, Oil Sees Gains

Investors are looking with more optimistic eyes toward economic recovery as concern that inflation would spur policy tightening has eased. The calm in the markets comes after words from Chair Jerome Powell on Tuesday that the central bank would be patient in waiting to lift borrowing costs and reiterating that bigger than expected prices will likely wane.

Oil has climbed over $73 a barrel following a more bullish outlook brought upon by data signaling another decline in US crud stockpiles.

Tune in to hear what's moving Wednesday's market and where to trade to end up in green. 

Markets Positive Before Fed Testimony

All in all, futures remain steady today and are moving slightly higher as investors weigh prospects for economic growth against inflation worries ahead of testimony from Fed Chair Jerome Powell.

US 10-year Treasuries have risen higher alongside the dollar, while Brent oil has dipped after climbing to $75 a barrel for the first time in over two years as traders seek updates from OPEC on its response to a rapidly tightening market. 

Tune in to hear what's moving Tuesday's market and where to trade to end up in green. 

Futures Rise as Fed Fear Subsides

Markets are seeing positivity today while regaining a measure of calm following volatility spurred by the Federal Reserve’s surprise hawkishness. The risk off-mood that we saw in early morning has faded, and now the 30 year yield is turning higher and a gauge of the dollar is reversing earlier gains. Elsewhere in markets, WTI crude oil has risen to around $72 a barrel.

Appearances by Fed Policy Makers this week could continue to stir fluctuation in the market, as traders will await more guidance on a possible timeline for tapering asset purchases.

Tune in to hear what's moving Monday's market and where to trade to end up in green.

Pull Back on Inflation Trades and Commodities Continue Decline

Benchmark Treasury yields have slid as low as 1.5% as traders continue to pull back off of longer-term inflation expectations. Popular trades influenced more heavily by inflation are in retreat after the Fed signaled it was preparing for earlier interest rate increases in order to rein in speculation that price pressures could become too much.

Tune in to hear what's moving Friday's market and where to trade to end up in green. 

Interest Rate Nerves Spread to Global Markets

Nervousness about US interest rate hikes has spread through global markets, leading to a drop in both US markets and European alike, while the dollar has strengthened.

In the most recent discussions, Fed Chair Jerome Powell acknowledged the risk of inflation and said officials had begun talks about scaling back bond purchases. Policy makers dot plot shows that they anticipate two rate increases by the end of 2023, which would be a faster than expected pace of tightening.

Tune in to hear what's moving Thursday's market and where to trade to end up in green.