NewsWare‘s Trade Talk

NewsWare's Trade Talk: Wednesday, February 14

S&P Futures are showing positive action this morning. Volatility caused by a hotter than expected CPI report yesterday is ebbing as markets refocus on the timing of rate cuts. Earnings will be in focus today as results are expected from Cisco, Equinix, CME, Occidental Petroleum, Kraft Heinz, Wyndham Hotels & Resorts. In Europe, stocks are higher, tech autos and retail are positive. Oil prices have turn lower and prices are flat to lower.

2023 Trade Talk Pick of the Day: Year in Review

We may be well into the second month of 2024 but let's show some love for some of the top picks from Trading Anchor Bill Olsen in 2023.

NewsWare's Trade Talk: Tuesday, February 13

S&P Futures are displaying weakness this morning. Markets are expected to react this morning to today's CPI release which is happening 1 hour before the market opens. Technology stocks are weighing on the market this morning as the overbought sector is moving lower. The Senate approves $95B Ukraine/Israel aid, bill still needs to get through the House. In Europe, stocks are lower, tech is lower, autos, healthcare and telecom are higher. Oil prices continue to trade higher in anticipation of this morning inflation report.

NewsWare's Trade Talk: Monday, February 12

S&P Futures are slightly higher this morning with the S&P's holding above the 5000 level. Markets are relatively quiet this morning with no major news catalyst occurring overnight. Markets are looking ahead to tomorrows CPI report which is expected to display further signs of disinflation. On the earnings front, this afternoon we have earnings results due out from ANET, CDNS, WM, LSCC, CAR & MEDP. In Europe, stocks are slightly higher with positive action in the retail sector. Oil prices are falling this morning down more than 1%.

NewsWare's Trade Talk: Friday, February 9

S&P Futures are slightly higher this morning with the S&P's flirting near the 5000 level. Markets will be paying attention to the CPI revision being released this morning. Typically, this is a very benign report, however last year's CPI revision report create volatility in the markets. Pepsi earnings were slightly positive however the company indicated revenue growth below market expectations for this year. In Europe, stocks are slightly higher with positive action in tech and healthcare. Oil prices are relatively unchanged.

NewsWare's Trade Talk: Thursday, February 8

S&P Futures are slightly lower this morning. Multiple companies delivered earnings beats since yesterdays close including ARM, BLBD, DIS, EFX, PAYC, RPD & WYNN. This afternoon we will be hearing from CPRI, MHK, AFRM, EXPE, PINS, NET & TTWO. Markets will be keeping an eye on Capitol Hill today. Tres Sec Janet Yellen will testify at a Senate Banking committee hearing. Pharma CEO's will be appearing before a Senate panel on prescription drug prices. The Supreme Court is hearing arguments today whether Trump can be disqualified from running of office. In Europe, stocks are mainly higher. Oil prices are showing gains of approximately 1%.

NewsWare's Trade Talk: Wednesday, February 7

S&P Futures are flat to higher this morning. Earnings announcements remain the key driver to today action. CRUS, F & SONO report beat las night and this morning we see positive earning out from HLT, CVS & XPO. BABA reported a slight however the increased their buyback plan by $25B. Disney reports that new streaming sports channel is in the works as they team up with FOX & WBD in a joint venture. DIS releasing earnings after the bell today. Target is on watch as they are said to be considering a paid membership program. In Europe, stocks are mainly lower. Oil prices are higher this morning with both contracts displaying gains.

NewsWare's Trade Talk: Tuesday, February 6

S&P Futures are slightly lower this morning. Heavy week for earnings report as we are mid-way through the 4Q earnings season. BP, DD & GEHC all higher after reporting this morning. COHR up 10% in the pre market after releasing earnings last night. COHR was the stock of the day in NewsWare's Trade talk podcast yesterday. After the bell reports are expected from AMGN, FILT, F, FTNT, EW & SNAP. Markets will also be hearing comments from a host of FOMC members today. In Europe, stocks are mainly higher. Oil prices have turned higher this morning with both contracts displaying gains.

NewsWare's Trade Talk: Monday, February 5

S&P Futures are slightly weaker this morning in a tight trading range. Market will be paying attention to key earnings reports this morning form CAT & MCD. Fed Speak is being closely monitored. Later today, the markets will be hearing from Raphael Bostic of the Atlanta Fed. Novo Nordisk to buy Catalent (CTLT) in a 16.5B deal. In Europe, stocks have turned higher. Oil prices are falling mainly due to strength in the dollar.

NewsWare's Trade Talk: Friday, February 2

S&P Futures are displaying positive action this morning. Earning results from META & AMZN are fueling the pre-market move. META announced that they will start to pay a dividend. This morning Employment Report will be closely watched and is expected to show signs of modest labor-market cooling which would be positive for the markets. CI, CVX, REGN & XOM delivered earnings beat this morning and are also trading higher. In Europe, stocks are positive. Oil prices are higher as a ceasefire in the Middle East appears to be likely.