NewsWare‘s Trade Talk

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.

NewsWare's Trade Talk: Thursday, January 18

S&P Futures are pointing towards a strong opening this morning. Airlines, Autos and Tech sectors are trading higher. Central Bankers continue to dampen market expectations for rate cuts this spring. They continue to say that the data will determine the path of rate cuts. Markets will be paying attention to earnings and economic releases today. In the Middle East, tensions remain elevated, but the markets continue to see the situation as contained. In Europe, stocks are higher and oil prices are moving slightly higher as cold temperatures is affecting oil production in the U.S.

NewsWare's Trade Talk: Wednesday, January 17

S&P Futures are indicating a lower opening this morning. Economic data out of China is causing selling pressure this morning. Markets have a host of catalyst this morning including earnings releases, economic reports and Fed Speak. In Europe, stocks are lower with all three major indexes down over 1%. Oil prices are falling due to demand concerns out of Asia after the disappointing Chinese economic data.

NewsWare's Trade Talk: Tuesday, January 16

S&P Futures are lower this morning ahead of earnings results for GS and MS. Markets will also be paying attention to Fed governor Waller who is scheduled to speak this morning. In Europe, stocks are lower due to hawkish comment from an ECB member on the timing of rate cuts. Oil prices are showing gains with Middle East tensions on watch.

NewsWare’s Trade Talk: Friday, January 12

S&P Futures have gone from flat to down as the market reacts to the latest earnings reports from BAC, DAL, JPM, UNH & WFC. This morning key economic data point to watch is the PPI report. Overnight the U.S. & the U.K. launched air strikes in Yemen at Houthi controlled areas. Economic data out of China overnight indicate weak consumer demand. In Europe, stocks are higher as the ECB official indicates rate cuts ahead. and oil prices are higher by more than +3.75%.

NewsWare’s Trade Talk: Thursday, January 11

S&P Futures are positive this morning. Key event occurs in the pre-market with the release of CPI data. Markets will also be paying attention to the financial stocks today as a number of big banks are set to release earnings tomorrow. SEC approve a spot bitcoin ETF. Chesapeake to buy Southwestern Energy in a 7.4B deal. In Europe, stocks are displaying positive action and oil prices are higher by more than 1.85%

NewsWare’s Trade Talk: Wednesday, January 10

S&P Futures are essentially flat this morning. Key events today include an announcement from the SEC on a spot bitcoin ETF, A speech by NY Fed John Wiliams and the oil stockpiles report. Markets are gearing up for the publication of the U.S. consumer price index for December which is due out tomorrow morning. In Europe, stocks ae weakening as economic data out of Germany remains weak. Oil prices are rebounding this morning with a focus on Middle East tensions

NewsWare’s Trade Talk: Tuesday, January 9

S&P Futures are weak this morning. Boeing shares continue to slide in the pre markets. Healthcare stocks are mostly positive as M&A activity in the sector remains active. Elliott Mgmt is said to have taken 1 1B stake in Match.com. In Europe, stocks ae weakening as economic data out of Germany remains weak. Oil prices are rebounding this morning with a focus on Middle East tensions.

NewsWare’s Trade Talk: Monday, January 8

S&P Futures are trading slightly lower this morning with shares of Boeing off by 8%. The FAA grounded some of its jets due to safety concerns. Democratic & Republican leaders in Congress announced that they have reached an agreement to set the federal spending limit for the 2024 fiscal year at roughly $1.66 trillion. Fed speakers voice concern on markets expectations on rate cuts. In Europe, equities are flat to lower as overnight losses in Chinese equities and upcoming CPI data this week has the markets in a semi holding pattern. Oil prices are down hard on a news announcement from Saudi Arabia concerning its Feb selling price.

NewsWare’s Trade Talk: Friday, January 5

S&P Futures are displaying weakness this morning ahead of this morning key employment report which is due out 1 hour before the opening today. Markets are reducing expectations on a March rate cut which is causing equities to slide. This morning we are also seeing selling pressure in Europe; selling is broad based as trade disputes with China and economic releases being the major factors. Oil prices are higher and should end the week out with a gain.