NewsWare‘s Trade Talk

NewsWare's Trade Talk: Tuesday, August 27

S&P Futures are slightly lower this morning as markets await a new catalyst to drive momentum. Earnings after the bell include JWN, BOX, PVH & S. Tomorrow morning KSS, FL, BBWI, ANF CHWY and SJM are set to report. NVDA is the key earnings report for the week, and they are releasing tomorrow afternoon. JD.com announces a 5B buyback. Artal Intl files to sell 6m shares of CAVA. LLY announces a lower cost for its weight loss drug Zepbound. Canada to impose 100% tariffs on Chinese EV's. National Security advisor Jack Sullivan is in China for 3 days of talks. In Europe, markets are higher due to reduced geopolitical tensions and positive earnings reports. Oil prices are lower and giving back some of yesterday's big gains, API stockpile estimates due out after the bell.

NewsWare's Trade Talk: Monday, August 26

S&P Futures are indicating a higher opening this morning. Oil prices are in focus as tensions rise in the Middle East over the weekend. In the week ahead, NVDA, CRM CRWD, ULTA, LULU MRVL, DELL and others are schedule to report. GDP & PCE data will be the key economic releases this week. National Security Advisor Jake Sullivan will be in China this week, China set to bring up issues on Taiwan and tariffs. In Europe, markets are mixed to higher and oil prices gain more than 2% on Middle East tensions and production issue out of Libya.

NewsWare's Trade Talk: Friday, August 23

S&P Futures are indicating a higher opening this morning. Fed Chairman Jerome Powell to speak today, he unlikely to provide significate comments on the economy that has not already been said. The head of the BOJ delivered a speech that calmed markets fears as he indicated that the BOJ is not in a rush to raise rate but noted that they are watching markets closely. Earnings were mostly positive last night with eps beats from CAVA & WDAY. General Motors and Uber are teaming up on a robo-taxi service. In Europe, markets are displaying gains and oil prices are higher by 1% this morning.

NewsWare's Trade Talk: Thursday, August 22

S&P Futures are indicating a higher opening this morning. There are a host of important economic releases out today, this morning Jobless Claim will be widely watched. SNPS, A, BILI, BJ & ZM are sll trading higher after earnings beats. TD Bank announced that they will be selling 40.5m shares of SCHW. Media executive Bronfman hiked his bid for PARA to $6 billion. The Jackson Hole economic conference gets underway today. In Europe, markets are slightly higher. Oil prices are gaining in the pre-market after yesterday unexpected move lower.

NewsWare's Trade Talk: Wednesday, August 21

S&P Futures are pushing higher this morning due to a host of recent earnings releases. TOL & KEYS delivered earnings beats last night and TGT & ADI are higher after eps beats. After the bell today SNOW, A, ZM & URBN will be releasing and tomorrow morning NTES, BIDU, BJ & AAP are scheduled to report. After the close, Walmart indicated that it will be selling its 3.6B stake in JD.com. Later this morning the BLS will be announcing its labor market revisions. Fed Meeting Minutes are set to be released this afternoon. In Europe, markets are slightly higher. Oil prices are displaying an uneasy gain ahead of this morning's stockpile report.

NewsWare's Trade Talk: Tuesday, August 20

S&P Futures are flat to higher this morning with the market's attention on earnings reports. Tech stocks are showing positive action this morning as PANW delivered a solid beat last night. MDT beat, LOW also delivered a beat but cut its forward guidance. After the bell today TOL and KEYS will be releasing and tomorrow morning M. TGT, TJX & ADI are scheduled to report. PARA received a 4.3B bid from Edgar Bronfman. The EU plans to cut tariffs on TSLA's China made EV's to 9% from 20.8%. In Europe, stocks just gave up their earlier gains and are now slightly lower. Oil prices just reversed course and are now displaying gains on the day.

NewsWare's Trade Talk: Monday, August 19

S&P Futures are flat to lower this morning as the markets prepares for a host of retail earnings this week and the Jackson Hole conference. Fed Chairman Powell is scheduled to speak at 10:00 am on Friday. Powell is expected to provide clarity on the September rate cut along with a pivot on the Fed focus from Inflation to Employment. In Europe, market markets are mixed after a slow start. Gains in Autos and Banks. Oil prices continue to weaken, as economic data out of China continues to point to a fall in forward demand.

NewsWare's Trade Talk: Friday, August 16

S&P Futures are flat to lower in the pre-market as traders continue to price in yesterday's positive economic data. This mornings Housing Starts report is scheduled before the bell. AMAT released an earning beat after the close on Thursday. China's central bank expected to lower its prime rate next week. UK Retail Sales figures were positive but lower than market expectations. Fed Chair Jerome Powell to speak next Friday at the Jackson Hole conference at 10:00 am. In Europe, market are mostly higher with gains in autos and tech. Oil is lower by more than 2%, ceasefire talks are continuing.

NewsWare's Trade Talk: Thursday, August 15

S&P Futures are displaying gains this morning ahead of a number of economics reports due out before the opening bell. This mornings Retail Sales and Jobless Claims are key reports as they provide a real insight into the health of the economy. A host of 13F filing came in after the bell displaying position adjustments by the major hedge funds. Markets are pricing in earnings beats from CSCO, JD DE & NICE. WMT release is pending. After the bell today AMAT is scheduled to report. China's economic reports overnight were mixed, U.K. GDP came in at +0.6%. Oil prices are positive this morning with the Ceasefire talks happening today. In Europe, all three of the major indexes are flat to higher and awaiting economic data releases from the U.S.

NewsWare's Trade Talk: Wednesday, August 14

S&P Futures are flat to higher this morning as the markets awaits another key economic data report. Before the bell today the July CPI data is scheduled for release. Japan's Prime Minister announced that he will step down in September. Iran thought to be waiting on the outcome of the Gaza ceasefire talks before making a decision on an Israeli strike. Boeing is said to be close to an $18.8B deal on fighter jets for Israel. Mars is close to a 30B deal for Kellanova. Elliott Mgmt planning for a proxy fight with Southwest Airlines. PTON is higher after announcing a deal with Google. CAH released an earnings beat while EAT missed this morning. Oil prices have given back earlier gain and are now lower. In Europe, stocks have turned lower.