At NewsWare‘s Trade Talk, we provide up-to-the-minute market moving news along with the facts, themes and trading ideas for the day ahead.
Episodes
Tuesday Nov 22, 2022
Tuesday Nov 22, 2022
S&P Futures are flat this morning while European indices are higher. Oil prices have started to rebound as OPEC members release statements indicating that they are not considering raising production levels. This morning we have a host of retailers releasing earnings and tomorrow's schedule is full of economic releases with the Fed meeting minutes being released tomorrow afternoon.
Monday Nov 21, 2022
Monday Nov 21, 2022
S&P Futures are indicating a lower opening this morning. Markets are concerned with the Covid situation in China as the Chinese government introduced further restrictions within the world's second-largest economy. In a surprise move, DIS rehired Bob Iger as CEO late last night. This morning we are seeing weakness in commodities, including oil which is lower by 0.50%.
Friday Nov 18, 2022
Friday Nov 18, 2022
S&P Futures are indicating a higher opening this morning. The retail sector is displaying gains this morning on the back of some positive earnings announcements. Although upcoming holiday sales remain unpredictable. Asian markets were lower due to the continued strains that the Covid lockdowns are having on the Chinese economy. European Markets are displaying strong gains and oil prices flat with Brent trading below the $90 mark.
Thursday Nov 17, 2022
Thursday Nov 17, 2022
S&P Futures have been lower all morning as the rally, caused by recent data suggesting cooling U.S. inflationary pressures, looked to be running out of steam for now. Before the bell this morning there are a couple of key economic reports being released and there is plenty of Fed speak scheduled for today. Oil prices are down over 1% this morning and after the close today we have earnings reports from AMAT, PANW, ROST, GPS and more.
Wednesday Nov 16, 2022
Wednesday Nov 16, 2022
S&P Futures have gone from green to red this morning as Target releases weaker-than-expected earnings. This morning's economic data release will likely set the tone for the markets open. Before the bell today the Retail Sales and Industrial Production reports will be closely watched. A missile exploded in Poland, the media indicate that the origin of the missile was likely the Ukrainian Air Defense unit. Oil is flat to lower on the day.
Tuesday Nov 15, 2022
Tuesday Nov 15, 2022
S&P Futures are indications of a strong opening this morning. This morning's positive sentiment is being driven by hopes of a more stabilized relationship between the U.S. and China. Bond yields are lower in anticipation of this morning's PPI release. Oil futures are lower, but have risen 1% in the last hour. Shares of Chinese internet-technology stocks are seeing strong moves higher this morning.
Monday Nov 14, 2022
Monday Nov 14, 2022
S&P Futures are moving lower this morning and government bond yields are higher as the market continues to adjust to the recent softening of inflation data from last week. This morning, Oil is giving back some of Friday's gains, and European stocks are higher as China makes moves to strengthen its real estate sector. President Biden is meeting with the president of China ahead of the G20 talks.
Friday Nov 11, 2022
Friday Nov 11, 2022
S&P Futures are moving higher this morning. The market is extending yesterday's gains on the expectations that the softer CPI print will lead the Federal Reserve to hit the brakes on rate hikes. The Bond market is closed today for Veterans Day. Health authorities in China said the government was shortening the time travelers must stay in quarantine and curtailing mass testing, among other steps. As a result, oil prices have moved up more than 3% this morning.
Thursday Nov 10, 2022
Thursday Nov 10, 2022
S&P Futures are moving higher this morning in anticipation of this morning's consumer price index report for October. In addition, there is a host of Fed Speak scheduled for today. The prospect of either a benign or harmful inflation report causing large market moves is expected by many traders. Oil is lower this morning and the European markets are displaying little volatility this morning.
Wednesday Nov 09, 2022
Wednesday Nov 09, 2022
S&P Futures are trading lower this morning as the market digests the early midterm election results and awaits tomorrow's consumer price index report. Shares of Disney are down 7.5% this morning due to an earnings miss. DISNEY + added over 12m new subscribers but the division lost 1.47b. Oil is moving lower as Covid cases continue to rise in China.