NewsWare‘s Trade Talk

NewsWare's Trade Talk: Friday, February 28

S&P Futures are cautiously higher this morning as global markets weaken due to policy uncertainty as President Trump continues his tariff rhetoric. Before the bell today, the PCE data is due out, which is a key inflation indicator. At 1:00 pm ET, President Trump will hold a press conference with Ukraine President Zelensky. On the earnings front, ASDK & ESTC reports were positive, DELL & HP were okay, however NTAP's was negative. Next week there are a host of retailers set to report earnings. Looking ahead to next week, President Trump will deliver his State of the Union address, ISM data on services and manufacturing and the Non-Farms payrolls are due out.

NewsWare's Trade Talk: Thursday, February 27

S&P Futures are once again displaying strong gains in the pre-market. Nvidia delivered a strong earnings report and is moving higher, report did indicate some weakness in margins. President Trump issued a warning on EU tariffs, specifically on autos. There are media reports suggesting that the EU and India are working towards concession to avoid the tariff action. Therre are a host of economic report this morning with Jobless claims and Durable Goods Order in focus. Aside for NVDA positive earnings report, SNOW & SNPS are higher after their releases. After the bell today watch for earnings from DELL, ADSK, NTAP & NTRA. President Trump is scheduled to meet with the Prime Minister of the U.K today.

NewsWare's Trade Talk: Wednesday, February 26

S&P Futures are displaying strong gains this morning as the market react to earnings reports and a lessening of geopolitical tensions. On the earnings front AXON, INTU & WDAY all delivered positive results last night. BUD & LOW are higher this morning after earnings. Geopolitical tensions are falling as the U.S. and Ukraine will soon be signing a mineral rights for security guarantees agreement. The House passed a blueprint for its reconciliation bill overnight. President Trump is scheduled to hold a cabinet meeting today; the State of the Union speech is next week. MMM is holding an analyst meeting today. After the bell today the focus will be on earnings with NVDA, CRM & SNOW all set to report.

NewsWare's Trade Talk: Tuesday, February 25

S&P Futures are weakening this morning on cautious sentiment. President Trump indicated that he is moving forward with tariffs on Mexico & Canada. Later this morning the Conference Board will be updating the market on Consumer Sentiment. Friday U of M data indicated eroding sentiment due to trade policy. HD is falling due to forward guidance in its earnings release. TSLA is lower as EU January sales data came in weak. Tech stocks are in the red on talk of additional export restrictions to China. After the bell today, earnings are due out from INTU, WDAY, KEYS, CAVA & CART.  Progress was made for a budget deal; however the reconciliation bill remains stalled.

NewsWare's Trade Talk: Monday, February 24

S&P Futures are moving higher in a rebound from Friday's sell-off. The weakness on Friday was due to growth concerns as policy changes in Washington created weakness in sentiment data. President Trump is meeting with the French President today at 12:20 pm and a press conference is scheduled for 2:00 pm. House Judiciary Chair Jim Jordon is demanding clarification on the enforcement of the E.U.'s Digital Services Act which appear to focus on U.S. companies. Key earnings reports due out this week include HD, INTU, NVDA, SNOW, CRM DELL & HPQ.  Berkshire Hathaway's fourth-quarter operating earnings rose 71% on strength in the company's large insurance operations. DPZ is moving lower this morning after its earnings release this morning.

NewsWare's Trade Talk: Friday, February 21

S&P Futures are flat to high on limited volatility this morning. Chinese retailers are displaying strong gains on BABA eps results and AI strategy. SFM, DBX & PODD are all lower after earnings releases overnight. Next week earnings reports are due out from DPZ, HD, INTU, LOW, TJX, SNOW, CRM & NVDA. The Senate passed a budget blueprint overnight, the bill still faces a roadblock in Congress. Troubled Japanese car manufacturer Nissan is looking for a new partner, TSLA is being floated as a possibility. Flash PMI data is due out after the opening bell today. In the EU, Germany is schedule to hold elections on Sunday.

NewsWare's Trade Talk: Thursday, February 20

S&P Futures are moving lower this morning as markets continue to adjust to President Trumps agenda. President Trump signed an Executive Order for a massive regulatory review and indicted that a trade deal with China is possible. Meanwhile the Defense Secretary tells Pentagon to plan for 8% budget cuts. Dometic political risks may start to weigh on the markets in the coming weeks as there are multiple sources of concerns including tariff risks, the reconciliation bill and the debt ceiling negotiations. Shares of WMT are lower after this morning's earnings announcement. After the bell today earrings reports are expected for LYV, PODD, SDM, TIVN & OLED. Jobless Claims due out before the opening bell and there is a host of Fed Speak scheduled for today.

NewsWare's Trade Talk: Wednesday, February 19

S&P Futures are moving higher this morning ahead of the release of housing data before the opening bell this morning. The Fed will be releasing its meeting minutes this afternoon. President Trump continues to restate the possibility of tariffs on autos, pharma and semiconductors. He also indicated that he will likely meet with Vladimir Putin to discuss a settlement on the Ukraine war before the end of February. Earnings reports are due out tomorrow morning from WMT, BABA, NTES & BIRK.

NewsWare's Trade Talk: Tuesday, February 18

S&P Futures are moving higher this morning as markets pay attention to Russia Ukraine peace talks. Tariff news will likely be on the back burner for the next month. Earnings will be a key focus for the market this week. After the bell today, ANET, OXY, IFF, TOL & FOUR are due to report. On Wednesday morning watch for reports from ADI, WING, ETSY & WIX. Takeover speculation has shares of INTC moving higher. President Trump remains in Mar-a-Lago today and is expected to sign an Executive Order on public safety in Washington DC today.

NewsWare's Trade Talk: Friday, February 14

S&P Futures are trading slightly lower this morning with the pause in implementations of tariffs remaining the key headline. The key here is that it allows countries the opportunity to negotiate trade barriers ahead of any tariff action being implemented. Later this morning there are economic reports on Retail Sales and Industrial Production. ABNB, DKNG, FROG, GT, ROKU & WYNN are all higher after releasing their earnings reports. Monday is a holiday, on Tuesday morning watch for earnings from BIDU, FLR, GPC & MDT. The House Budget Committee passed a Budget Resolution and it will not go to the full House for a vote. Hong Kong markets surged as China's President is meeting with business leaders in an effort to expand growth. Oil prices are moving higher as tariff announcements are delayed.