NewsWare‘s Trade Talk

NewsWare's Trade Talk: Friday, April 11

S&P Futures are moving higher this morning, reversing from sharp overnight losses as Treasury yields backed off worrisome levels. The trade war between the U.S. and China continues to escalate as China lifts its tariffs on U.S. goods to 125%. China indicated that this will be their last tariff increase on the U.S. President Trump indicated a willingness to hold trade talks with China yesterday. On Monday the U.S. and the E.U are scheduled to hold trade talks. On the economic calendar, PPI final demand for March is due out today. Markets are reacting positively to this morning's earnings reports from JPM, BLK, BK & WFC.

NewsWare's Trade Talk: Thursday, April 10

S&P Futures are displaying weakness after yesterday's strong rally, the move lower is considered to be as a result of profit taking. While the 90-day tariff pause was a positive catalyst for markets yesterday, there remains a significant amount of uncertainty as to what will occur after the pause period ends. The Trump administrations economic plan remains a key concern for the markets due to the chaotic nature in policy shifts. Then there are the trade relations with China which are fragile at best as the Trump administration increased the Chinese tariffs and appears to be shifting towards an economic decoupling. On the earnings front KMX is trading lower as they missed on earnings expectations. Tomorrow is the start of earnings season with a host of the major backs set to report. On the economic front the March CPI data & the weekly Jobless Claims data is due out before the bell. There is also a significant number of Fed officials speaking today.

NewsWare's Trade Talk: Wednesday, April 9

S&P Futures are extending their losses this morning as the tariff induced sell-off continues. Markets are reflecting anxiety over the escalating U.S.-China trade tensions as China tariffs are now at 104% on imports. U.S. Trade Representative Jamieson Greer spoke to the Senate Finance Committee yesterday and said that President Trump won't provide exemptions to his new global tariffs for individual products or companies. Greer is scheduled to appear before the House today. Trump spoke at an event last night an indicated that he is planning tariffs on pharmaceuticals in the near futures. Key economic event for the day will be the release of the Fed meeting minutes. This morning DAL released better than expected earnings. the bar was low as the company slashed its guidance in March.

NewsWare's Trade Talk: Tuesday, April 8

S&P Futures are displaying gains this morning as multiple days of declines is not sustainable. There is a slight change in the tariff narrative back to negotiations which may not hold. President Trumps has shown a willingness to continue to move forward with his tariffs and yesterday he threatened China with an additional 50% tariffs if they move forward with retaliation. The markets remain highly sensitive to trade issues and commentary from the Trump Admin tariff policy. U.S. Trade Representative Jamieson Greer is scheduled to testify before the Senate Finance Committee today at 10:00 am to defend the presidents tariff policy. Health insurance stocks are higher as Medicare plans to substantially increase payment rates next year. AVGO announced a big buyback last yesterday and LEI delivered a positive earnings report. DAL is scheduled to release earnings tomorrow morning. Markets will be focused on forward guidance this earning season.

NewsWare's Trade Talk: Monday, April 7

S&P Futures are off by more than -1.50% this morning as Trumps tariffs continues to create volatility in the markets. There is little political pressure on the president to change course. White House officials attempted to calm the markets with various interviews over the weekend, however markets are continuing to weaken. JPM CEO Jamily Dimon released his annual letter to shareholders and indicated that the Trump tariffs are likely to increase inflation. President Trump is schedule to meet with Israeli Prime Minister Netanyahu today to discuss tariffs.

SPECIAL EDITION of NewsWare's Trade Talk: AIQ Systems Q1 + Q2 Sector Based Analysis

Tune into a special edition of NewsWare's Trade Talk with Trading Anchor Bill Olsen and Steve Hill, CEO of AIQ Systems. Our experts offer sector based insights and analysis on what happened in Q1 and what to look ahead for in Q2. Want to learn more about AIQ Systems? Visit www.AIQsystems.com.

NewsWare's Trade Talk: Friday, April 4

S&P Futures are continuing to decline due to the Trump tariffs actions. China has hit back as they will impose an additional 34% tariff on all imports coming in for the U.S. effective April 10th. China's move only increases the negative sentiment, and the odds of a recession are increasing. Markets will be hearing from Fed Chair Jerome Powell late this morning and he will attempt to calm the markets. However, sentiment is eroding fast and without action to remove the Trump tariffs market can continue to fall. The key economic reports due out today is the Non-Farms payrolls data for March. Earnings season starts next week, and forward guidance announcements are likely to be lowered for most companies.

NewsWare's Trade Talk: Thursday, April 3

react to President Trump's tariff announcement. The new tariffs rates were worse than the market had expected, the only positive is that foreign countries have not yet hit back with their own tariffs. The tariff increase is expected to be a drag on earnings for the next several quarters and will likely cause a spike in inflation. White House officials are expected to attempt to place a positive spin on the elevated tax rates in an effort to calm markets today. Treasury Secretary Bessent spoke after the announcement and appeared to distance himself from the decision making. Key economic reports due out today include the Jobless Claims Report and the ISM Services PMI data. RH is lower after the company's big earnings miss last night. GES is schedule to release after the bell today.

NewsWare's Trade Talk: Wednesday, April 2

S&P Futures are moving lower as markets are awaiting President Trump's tariff announcement which is expected to occur at 4:00 pm. He may also be announcing his TikTok decision. Tesla is scheduled to release its Q1 delivery data today. Walmart is said to be continue to put pressure on Chinese suppliers despite a plea from China's government. Key economic reports due out today include the ADP Employment report & Factory Orders. Goldman Sachs lowering its forecast for end-2025 two- and 10-year U.S. Treasury yields. NCNO is lower after earnings miss last night. RH is schedule to release after the bell today.

NewsWare's Trade Talk: Tuesday, April 1

S&P Futures are displaying weakness this morning as the markets continue to await clarity on the tariff situation. U.S. auto manufactures are making a push to exclude certain car components from tariffs. President Trump is expected to sign Executive Orders today related to national security and economic policy. There is a press conference today at noon. Key economic reports due out today on the ISM Manufacturing and JOLT's data. A Texas court rejected JNJ use of Chapter 11 for its talc cancer fund. PVH and PRGS are higher this morning after earnings releases.