NewsWare‘s Trade Talk

NewsWare's Trade Talk: Thursday, February 1

S&P Futures are trading higher this morning. Fed's policy statement continues to be priced into the markets. Economic models continue to suggest that a rate cut in March is valid. Multiple big tech companies are scheduled to release earnings this afternoon (AAPL, AMZN, META). The U.S. and big pharma are starting the long-awaited price negotiations. In Europe, stocks are mixed, and a BOE monetary policy message is pending. Oil prices are higher as the U.S. carried out airstrikes in Yemen earlier this morning.

NewsWare's Trade Talk: Wednesday, January 31

S&P Futures are lower this morning. After the bell yesterday, earnings results from big tec (AMD, GOOG & MSFT) were positive, but shares are retreating. TSLA shares are off after a judge struck down Elon Musk's $55 billion pay package. China's factory activity contracted for the 4th month in a row. This afternoon, the Fed will provide an update to monetary policy, Powell to hold his press conference afterwards. After the bell today earnings are due out for BOOT, WOLF, FLEX, ALGN, MET & QCOM. In Europe, stocks are relatively unchanged yet trending positive due to earnings results. Oil prices are lower this morning due to demand concerns out of China.

NewsWare's Trade Talk: Tuesday, January 30

S&P Futures are slightly lower this morning. PFE, JBLU, GM& DHR all reported beats this morning. After the bell today, MSFT, GOOG, SBUX & AMD are scheduled to report. After the close yesterday, AI darling SMCI delivered positive earnings with strong guidance. The FOMC meeting starts today with an announcement scheduled for tomorrow afternoon on monetary policy. In Europe, stocks are higher with earnings reports helping to push indexes higher this morning. Oil prices are flat, but have been trending lower in the pre-market, Aramco said it had been ordered by the Saudi government to keep its oil production capacity at 12 million barrels a day.

NewsWare's Trade Talk: Monday, January 29

S&P Futures are slightly higher this morning. Markets are preparing for a host of big tech earning result, A Fed meeting and a host of employment data this week. The White House is expected to make a major announcement on chip subsidies this week. A drone strike killed several U.S. servicemen over the weekend, Biden is looking to retaliate. In Europe, stocks are very strong due to strong earnings reports in the luxury goods sector. Oil prices are weakening but are likely to finish the week off with a gain.

NewsWare's Trade Talk: Friday, January 26

S&P Futures are slightly negative this morning. Earnings announcements after the close yesterday is creating weakness this morning. INTC's report was very poor and is off 10% this morning. This morning before the bell The Personal Income & Outlays report is due out, this is an important inflation report and likely to create volatility. In Europe, stocks are very strong due to strong earnings reports in the luxury goods sector. Oil prices are weakening but are likely to finish the week off with a gain.

NewsWare's Trade Talk: Thursday, January 25

S&P Futures are slightly positive this morning. The pending release of 4Q GDP announcement is gathering attention this morning. TSLA shares are off by 7.69% this morning after last nights earnings release. IBM, NOW & LRCX delivered beats, HUM missed with a disappointing forecast. After the bell today, V, INTC, TMUS & WDC are scheduled to release. In Europe, stocks are flat as markets are flat ahead of the ECB announcement and oil prices are higher by more than 1.25%

NewsWare's Trade Talk: Wednesday, January 24

S&P Futures are displaying strong gains this morning. NFLX delivered a strong number in terms of subscriber growth. China's PBOC delivered on a stimulus package overnight and PMI data out of the EuroZone displays growth signals. After the bell today, IBM, CSX, NOW, PKG and TSLA are scheduled to release. Tomorrow morning a host of airline stocks will be releasing. In Europe, stocks are displaying nice gains and Oil prices have just turned negative this morning.

NewsWare's Trade Talk: Tuesday, January

S&P Futures are trading slightly higher this morning with the focus on corporate earnings results. JNJ came in slightly better than estimates. MMM beat estimates but delivered weaker than expected forward guidance. After the bell today, Netflix is scheduled to release. Bank of Japan left monetary policy unchanged, ECB announcement is set for Thursday. In Europe, stocks are trading slightly lower. Oil prices are lower with forward demand concerns in focus.

NewsWare's Trade Talk: Monday, January 22

S&P Futures are trading higher this morning as we head into a period of heavy earnings announcements. Big tech remains positive this morning. There are a number of key economic data points being released later this week including GDP and PCE reports. Share of Boeing are weak as the FAA recommends airlines inspect the door plus on specific planes. ADM is weak due to accounting concerns. In Europe, stocks are trading higher ahead of Thursdays monetary policy announcement from the ECB. Oil prices are displaying gains, but concerns remain on demand from China.

NewsWare's Trade Talk: Friday, January 19

S&P Futures are trading higher this morning with positive momentum in technology stocks. Key topic at the Davos summit has been the development of AI. Earnings season is underway, multiple large cap stocks are scheduled to release next week. On the economic front today, we will be hearing from a host of Fed speakers today as the official black out period on Fed Speak starts on Saturday. Fed speakers are expected to continue with the theme of dampening spring rate cut expectations. In Europe, stocks are trading higher and oil prices are mixed to lower.