NewsWare‘s Trade Talk

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.

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.