NewsWare‘s Trade Talk

Tesla and Bitcoin Both in the Red

The market is trading lower this morning as concerns about faster inflation and COVID-19 flareups in some nations continues to stir pessimism. Treasuries and oil are also declining.

Tech shares lead declines in Nasdaq with Tesla slipping in premarket after data showed a slowdown in China sales.

Elsewhere in markets, yields on 10-year treasuries rose, while the dollar has held near its lowest level this year. Oil dropped as a result of rising US stockpiles and the possibility of more supply from Iran.

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

Optimism for Economic Re-openings Boosts Futures

Optimism that economic re-openings will boost growth has boosted futures this morning, outweighing concern about a pick up in virus cases in parts of Asia. Meanwhile, the dollar has dipped to a four month low.  The US 10-year treasuries have been steady as investors await key housing data ahead of Fed Minutes due out Wednesday.

Elsewhere in markets oil has seen gains with Brent Crude topping $70 a barrel in London for the first time since March on signs that re-openings are boosting demands.

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

US Futures Dip As Investors Await FOMC Minutes

Markets continue to fluctuate as investors weigh risks in regards to the outlook of inflation and a spike in COVID-19 cases various parts of the world. Treasuries remain steady while gold has climbed to its highest in more than three months.

Like we’d spoken about last week, there lies some concern that policy makers may have to pull back support sooner than expected to suppress rising inflation and its taking a toll on global equities. There’s some anticipation as investors awake minutes from the Federal Open Market Committee’s latest meeting for any discussion about accelerating price pressure and hints of a timeline for reducing asset purchases.

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

Futures Rise as Inflation Fears Subside

Markets are rising as more tempered commodity prices helped relieve concerns about inflation risks. Markets now appear to be regaining their equilibrium at the end of their biggest retreat in 11 weeks, with the focus of the benefits of an economic rebound overshadowing concerns about the negative side effects of inflation. This optimism could help put some live back into the picking of value shares tied to economic growth over pandemic stay at home favorites.

Treasuries have also advanced, having recovered from the prior session’s weakness, as the 10-year yield shaved two basis points to 1.63%.

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

Inflation Fears Continue and Tesla Drops Crytpocurrency

Investor sentiment continues to sink today with inflation fears that have driven global stocks toward a six week low. The confidence that guided two weeks of highs for the US economy and continued Fed Stimulus has been shaken up by recent non farm payrolls falling short of expectations and inflation rising by the most since 2009. Some investors say the surge in consumer prices is a one off reopening burst but the broader markets are hedging agains the possibility that it may persist and force the Fed to consider tapering its stimulus.

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

Futures Dip as Inflation Rose More than Forecasted

Futures have weakened this morning as investors wait for inflation figures in order to gauge the level of risk that price pressures will stifle the US recovery. Meanwhile the dollar has advanced along with treasuries.

As abundant stimulus has powered a rally in global equities, raising concerns valuations had become expensive, debate continues as to whether inflation will be persistent enough to force the Federal Reserve to tighten policy sooner than current guidance suggests. Consumer-price inflation is set to quicken, with the year on year comparison intensified by the shock of COVID-19 shutdowns in 2020.

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

Tech-Fueled Sell Off Sparks Market Slump

Worries of over inflation have reached a peak causing a technology-led sell off that started on Wall Street but has really set off traders across the world to rid their portfolios of expensive stocks.

Among the tech sell off, the biggest hit was had by the pandemic winners, whose valuations often depend on earnings prospects far into the future who are now at the center of this inflation fueled selloff. A big example was Cathie Wood’s Ark Innovation ETF, which dropped more than 3% in premarket trading after dropping 5.2% yesterday.

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

Gas Adds to Commodity Surge

Nasdaq futures are trading lower as surging commodity prices incite concern over inflation and whether it will derail a growth rebound and spoil a record stock rally. This threatens longer-horizon revenues typical of the industry. Treasury yields remain steady as we come into a busy week of auctions.

In regards to commodities, copper jumped to a record high while iron ore has surged over 10% - which is also another red flag for potential inflation. WTI and Brent crude oil have both seen gains as gasoline prices surged as much as 4.2% after a cyberattack forced closure of a key US pipeline. In premarket, Freeport McMoran’s share price has jumped 3.9% while US Steel corp  has risen 3.7%.

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

Futures Up Before Jobs Data

The market moves with positive sentiment as American Jobs data are expected to cap a series of strong economic reports this week. Copper has soared to an all time high on expectations that rebounding economies will spur a boom in global demand.

Another positive contributing factor included China’s latest trade data which showed exports rose well ahead of expectations and that imports saw the fastest growth since 2011. With applications for US state employment insurance having fallen to a fresh pandemic low, traders now turn to Friday’s payrolls numbers which are expected to show a million jobs added in April.

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

Are Price Pressures Getting Out of Hand?

Traders now await the latest jobless claims data. With recent figures pointing to an economic rebound amid surging commodity prices, theres a lot of debate over whether these price pressures could get out of hand.

Elsewhere in markets the dollar has ticked lower while Iron ore and steel are climbing high, steel has even hit fresh records thanks to renewed demand from China.

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