NewsWare‘s Trade Talk

NewsWare’s Trade Talk: Wednesday, April 27

S&P Futures are showing strong gains this morning suggesting that the major equity indexes could regain some ground after the steep, tech-led selloff in the previous session. Markets in Asia rallied due to a stimulus announcement in China. Markets continued to digest recent earnings reports and weighed concerns about inflation. This afternoon we will have results from FB, QCOM, AMGN, PYPL, F, LVS, PINS, HTZ, and others. In commodities action, there is a price spike in natural gas prices as Russia halted the flow to Poland and Bulgaria as Russia is demanding payment in rubles rather than in dollars or euros.

NewsWare’s Trade Talk: Tuesday, April 26

S&P Futures are moving lower this morning ahead of the opening bell. There's a wave of earnings reports from major technology and blue-chip firms as traders contended with fears about slowing growth and exposure to Russia. Today's schedule including 3M (MMM), General Electric (GE), and after the close, General Motors (GM), Microsoft (MSFT) and Alphabet (GOOGL). The U.S. economics calendar includes durable-goods orders, consumer confidence and new-home sales. A survey from Morning Consult showed consumer spending across most categories fell in March due to rising prices. Lockdowns in China are may expand to Beijing.

NewsWare’s Trade Talk: Monday, April 25

S&P Futures are continuing to weaken as the market remains highly concerned about the expected tightening policies from the Federal Reserve. Oil prices are off 4.5% this morning due to demand concerns out of China. Chinese covid cases continue to increase and lockdowns remain in effect. Corporate earnings will be in focus this week with 179 of the S&P500 companies set to report this week. TWTR is reconsidering Elon Musk's offer and a deal could be announced this week.

NewsWare’s Trade Talk: Friday, April 22

S&P Futures are lower this morning as the markets are digesting weakness in European and Asain markets. The cause for the weakness was Fed Chairman Jerome Powell's clear signal that a 50 basis point rate hike is to be expected when the FOMC meets in May. As a result, the dollar is strengthening and oil is weakening. American Express delivered a 25 cent EPS beat on higher revenue. Verzion has yet to release this morning.

NewsWare’s Trade Talk: Thursday, April 21

S&P Futures are on the rise this morning as positive earnings reports are helping to push futures higher. Fed Chair Jerome Powell is scheduled to speak today and will likely reinforce his recent comments about a 50 basis point increase in interest rates at the May FOMC meeting. Yields on benchmark 10-year Treasury notes ticked up to 2.857%, from 2.836%

NewsWare’s Trade Talk: Wednesday, April 20

S&P Futures have reversed course and are now trading higher this morning. Earnings, Economic Reports, and War in Ukraine are the top market-moving headlines this morning. Netflix's earnings announcement on expected subscriber figures is crushing the stock this morning and is causing weakness in the streaming vertical. This morning we have some key economic reports being released including Existing Home Sales, EIA oil stockpiles report, and the Fed's Beige Book being released. European markets and oil prices are trending higher.

NewsWare’s Trade Talk: Tuesday, April 19

S&P Futures are lower this morning as Russia's offensive on the eastern front is weighing on the markets this morning. earnings announcements will be the key catalysts for today. This afternoon we will be hearing from IBKR, IBM & NFLX. This morning, JNJ's FY22 guidance came in weaker than expected. Later today, Housing Starts for March are scheduled for release. Late yesterday, it was reported that Apollo Global is considering joining Musk's bid to take TWTR private. Apollo could make a bid itself or join Musk in his efforts.

NewsWare’s Trade Talk: Monday, April 18

S&P Futures are lower this morning with bond yields on the rise as traders braced for a big week of earnings. More than 100 companies are slated to report this week-and those results will help the market get a better read on what so far has been a mixed earnings season. Markets remain concerned about rising inflation and how that may weigh on the economy, as the Federal Reserve struggles to keep a lid on rising prices.TWTR shares are on the rise after their board announced a poison Pill to restrict Musk's plans.

NewsWare’sTrade Talk: Thursday, April 14

S&P Futures are flat to higher this morning ahead of a host of key economic reports due out 1 hour before the market opens. Elon Mush has made an offer to take control of Twitter at 54.20 per share. PNC, TSM, and UNH have all released positive earnings reports this morning. Futures remain little changed as traders are waiting on releases from the big banks.

NewsWare’s Trade Talk: Wednesday, April 13

S&P Futures are trading higher this morning as the market prepares for earning season to start. JPMorgan, BlackRock, Delta Air Lines, and Bed Bath & Beyond are slated to report this morning ahead of the opening bell. This morning we also have reports due for the Producer Price Index for March and the EIA oil stockpiles. European markets are cautious as Putin declares that peace talks are at a dead end. Defense contractors are meeting with the Pentagon to discuss Ukraine aid and President Biden is expected to announce a 750m package for military supplies for Ukraine today.