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 08, 2022
Tuesday Nov 08, 2022
S&P Futures are trading higher this morning and the sentiment is cautious ahead of the midterm election and the inflation data due out later this week. Oil prices are down more than 1% this morning China's zero Covid policy continues to result in a slowdown of economic activity. In Europe, stocks are mixed overall, yet tech stocks are trading higher.
Monday Nov 07, 2022
Monday Nov 07, 2022
S&P Futures are trading higher this morning even as short-term Treasury yields hovered near their highest since 2007. Despite a hawkish fed, traders are expecting a period of smaller rate increases in the future remains a bullish factor for the markets. Oil is pulling back due to A statement out of China indicating that there will be no change to its Zero Covid policy. Asian markets moved higher on better-than-expected economic data out of China. Later today we have earnings announcements from Activision Blizzard, BioNTech, Lyft, NRG Energy, and Mosaic.
Friday Nov 04, 2022
Friday Nov 04, 2022
S&P Futures are trading higher this morning ahead of this morning's jobs report. The possibility of a China reopening is creating positive sentiment in the markets this morning. Oil prices jumped 2% this morning on the news and Asian and European markets are higher. Earning announcements remain in focus with over 80 companies scheduled to release this morning.
Thursday Nov 03, 2022
Thursday Nov 03, 2022
S&P Futures are trading lower this morning as traders continue to price in yesterday's comments from Fed Chairman Jerome Powell. Today is a heavy day for both earnings and economic events but it is Powell's comments yesterday on the path of interest rates that will be mainly spoken about during the day today. As expected the Dollar is higher and crude oil is weaker.
Wednesday Nov 02, 2022
Wednesday Nov 02, 2022
S&P Futures are flat to higher this morning ahead of today's FOMC decision on monetary policy today. Historically the market has bounced on the 2:00 pm decision, but the real direction is set by the tone coming out of the Chairman's press conference that starts today at 02:30 om ET. Prior to the Fed announcement, the market will receive job data from the ADP, ADP employment data is a key read ahead of Friday's Non-Farm Payrolls report. Asian markets showed strength overnight as China appears ready to move towards an easing in Covid 19 policy.
Tuesday Nov 01, 2022
Tuesday Nov 01, 2022
S&P Futures are pointing towards a strong opening this morning as sentiment is positive. Traders are anticipating the Fed to indicate a slowdown in rate hikes after this week's Federal Reserve meeting. This morning we have economic reports due out on manufacturing & labor demand, plus a host of earning reports that are likely to help push the market higher. Oil is higher on expectations that China will soon announce the easing of Covid 19 restrictions.
Monday Oct 31, 2022
Monday Oct 31, 2022
S&P Futures are edging lower this morning as the market prepares for a busy week ahead. The Federal Reserve will meet, a third of S&P 500 companies will report earnings and economic data such as the October jobs report will be closely examined. That's just this week. Then it's the midterm elections, which historically lead to a bounce. Oil prices are lower this morning Covid 19 lockdowns will curb demand.
Friday Oct 28, 2022
Friday Oct 28, 2022
S&P Futures are trading lower this morning with contracts on the tech-heavy Nasdaq-100 leading losses after a disappointing sales forecast from Amazon highlighted the challenges facing even the largest firms. Exxon Mobil and Chevron are showing gains after releasing strong earnings results. The key economic release for today is Personal Income & Outlays which is due out before the opening today. Oil prices are pulling back on demand concerns due to China issuing new lockdown measures.
Thursday Oct 27, 2022
Thursday Oct 27, 2022
S&P Futures are trading slightly higher this morning. In addition to earnings results this morning, the markets will need to digest a host of economic data and a monetary decision from the ECB. Bond yields are ticking higher while the dollar is steady ahead of the pending ECB announcement on monetary policy.
Wednesday Oct 26, 2022
Wednesday Oct 26, 2022
S&P Futures are trading lower this morning with earning releases in focus. Disappointing results from MSFT & GOOG are providing clear indications of a slowing economy. After the bell today, Meta is scheduled to release earnings. Traders are also watching for the latest economic data on weekly mortgage applications, wholesale inventories, and new home sales.