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
Wednesday Aug 31, 2022
Wednesday Aug 31, 2022
S&P Futures are slightly higher this morning, overnight there was some weakness but the markets appear ready to inch higher ahead of the 3 employment reports due out over the next 3 days. Oil futures are trading lower this morning, down more than 3% in the pre-market. Bond yields are higher as traders increased bets that central banks will continue to hike borrowing costs to battle inflation. Fed speak is active today as 3 Fed bank presidents are scheduled to speak.
Tuesday Aug 30, 2022
Tuesday Aug 30, 2022
S&P Futures are trading higher this morning. Aug CPI figures are expected to show a drop in inflation when the figures are released next month. This morning report on Consumer Confidence will likely be positive and will likely help to turn the market positive today. Seeing positive action in Banks, Brokers, and Tech stocks this morning. Oil is slipping after a big move higher yesterday.
Monday Aug 29, 2022
Monday Aug 29, 2022
S&P Futures are trading lower this morning and remain unsettled by the Federal Reserves' resolves to keep fighting inflation even if it causes some economic pain. Global indices have turned bearish. Oil continues to push higher as OPEC comments on production cuts are bullish for oil prices. This afternoon Fed Vice Chair Lael Brainard will be speaking.
Friday Aug 26, 2022
Friday Aug 26, 2022
S&P Futures are trading lower this morning as the market awaits comment from Fed Chair Jerome Powell this morning. The dollar edged higher in Europe and is likely to extend gains as long as Powell continues to point to further rate increases in his Jackson Hole speech. Treasury bonds are moving higher with the 10-year climbing to 3.072 and oil prices are trading 1.50% higher this morning as demand is starting to improve.
Thursday Aug 25, 2022
Thursday Aug 25, 2022
S&P Futures are trading higher this morning. A stimulus package out of China is helping to lift sentiment. Oil is higher as the Iran nuclear deal continues to drag on without a resolution. Auto's, banks, brokerage, energy, and tech sectors are showing gains in the pre-market. Bond yields are lower ahead of Powell's speech tomorrow. After the close today watch for earnings reports from AFRM, ULTA, DELL, WDAY, MRVL & VMW.
Wednesday Aug 24, 2022
Wednesday Aug 24, 2022
S&P Futures are slightly lower this morning ahead of some important economic releases today. Traders remain cautious ahead of Fed Chairman Jerome Powell's speech on Friday. Oil prices continue to move higher, Treasury yields are slightly lower and the dollar is steady this morning. After the close today, there are a host of key companies scheduled to release earnings this afternoon.
Tuesday Aug 23, 2022
Tuesday Aug 23, 2022
S&P Futures are slightly higher this morning and appear to be on track to make up some lost ground after Monday move lower. There are a host of economic announcements today including New Home Sales for July; Flash Manufacturing PMI for August; Flash Services PMI for August; Richmond Fed Business Activity Survey for August. Oil prices are higher and after the bell we have earnings from LZB, URBN, JWN, PYCR, TOL, AAP and INTU.
Monday Aug 22, 2022
Monday Aug 22, 2022
S&P Futures are trading lower this morning as recession news is creating volatility this morning. Market volumes are light, which is normal for this time of the year. Recent Fed speak alluding to additional rate hikes and comments from an ECB official talking about European inflation hitting 10% this fall has the markets on edge. There are a host of key economic reports later this week, Plus the Jackson Hole meeting where Fed Chair Jerome Powell will be speaking.
Friday Aug 19, 2022
Friday Aug 19, 2022
S&P are trading lower this morning as the S&P 500 is attempting to hang onto a winning week for what would be a fifth straight week in the green. Concerns of the Fed and rising interest rates are taking over market sentiment. Shares of BBBY slide after their biggest investor sells entire stake. Oil prices are seeing some weakness this morning as well.
Thursday Aug 18, 2022
Thursday Aug 18, 2022
S&P Futures are trading slightly higher this morning as the market continues to digest yesterday Fed Meeting Minutes release. Shares of CSCO are trading 5% higher after announcing earning last night. In the day ahead we have a number of important economic reports being released this morning. Oil is trading higher this morning and the European exchanges are mainly positive.