S&P Futures are positive this morning with markets starting to price in a de-escalation of war premium risk in the Middle East. Bond yields need to be watched. This is a big week for corporate earnings and economic reports. GOOG, MSFT, META, AAPL and AMZN are all schedule to report this week. Fed Speakers have started their black out period ahead of the upcoming Fed meeting next week. In Europe, markets are slightly higher with banks, luxury and tech stocks showing gains. Oil prices are fall...
Oct 28, 2024•17 min•Ep. 1033
S&P Futures are positive this morning as markets remained focused on corporate earnings and Treasury yields. Shares of DECK, LHX, DLR, COF & WDC are higher after earnings releases. U.S. Judge blocks the pending merger between Tapestry & Capri. MSFT to release hot selling video game "call of Duty today on a subscription basis. Durable Goods report is due out this morning - next week's economic calendar is very active. In Europe, markets are mixed to lower on the back of positive earni...
Oct 25, 2024•18 min•Ep. 1032
S&P Futures are showing gains this morning after a host of earnings announcements and a drop in Treasury yields. Shares of TSLA, TMUS, WHR, MAT, HAS, DOW, UPS, MOH & LRCX are higher after earnings releases. Boeing is moving lower as union rejects the last contract offer. KDP to pay an estimated $1B for 60% share of Ghost energy drinks. Reports on Jobless Claims, PMI flash data and New Home Sales are scheduled to be released this morning. In Europe, markets are higher on the back of posit...
Oct 24, 2024•15 min•Ep. 1031
S&P Futures are displaying weakness this morning as Treasury yields nudge higher. Shares of BSX, LRN TXN & PKG are higher after earnings releases. SBUX pre-announced Q4 eps and announced that they are suspending guidance. E.coli outbreak at McDonalds sending shares lower, said to be liked to onions. There is a Bank of Canada meeting today, expectations are for a 50-basis point rate cut. Fed Governor Bowman scheduled to speak before the market opens today. In Europe, markets are lower, du...
Oct 23, 2024•20 min•Ep. 1030
S&P Futures are displaying weakness this morning with the markets focused on earnings, bond yields and commentary from Fed officials. Shares of DGX, DHR, GM, KMB MMM and RTX delivered eps beats this morning. JCP Investment Management has built a 2% stake in Cheesecake Factory. Fed Speakers are indicating a gradual pace of rate cuts and indicated that a pause could occur. In Europe, markets are lower, yet the recent earnings announcements were mostly positive. Oil prices are higher by approxi...
Oct 22, 2024•17 min•Ep. 1029
S&P Futures are moving lower this morning as the market prepares for a host of earnings announcements this week. China's PBOC lowered two of its short-term lending rates this morning. Shares of Boeing are higher this morning as a deal to end the months-long strike is said to have been reached. Merger talks between Humana and Cigna are said to have restarted. Starboard appears to have taken a stake in KVUE. Tuesday morning earnings announcements are schedule for GE, GM, MMM, MCO, LMT, RTX, TX...
Oct 21, 2024•16 min•Ep. 1028
S&P Futures are showing gains this morning due to economic and earnings news. China economic numbers came in better than expected & the PBOC indicates more stimulus to come. last night NFLX released a positive earnings report. Shares of SLB & PG are fractionally higher after releasing earnings this morning. CVS replaced its CEO and slashed its quarterly guidance. Nike credit rating was downgraded last night, and revenue is expected to contract next year. In Europe, markets are mostly...
Oct 18, 2024•18 min•Ep. 1027
S&P Futures are indicating a strong start to this morning's trading session. The positive earnings report for TSM is creating bullish sentiment for the sector. Shares of Expedia are trading higher as UBER is said to be considering a takeover. After the bell today, NFLX is scheduled to report earnings. China's economic briefing did little to boost sentiment on its troubled real estate sector. The ECB rate decision is this morning, expectations are for a 25 basis point cut. In Europe, markets ...
Oct 17, 2024•19 min•Ep. 1026
S&P Futures are slightly higher this morning with earnings announcements in focus. UAL, JBHT are moving higher after their releases. Semiconductor stocks are mostly higher this morning. AMSL shares are falling after technical glitch release earnings earlier than expected. After the bell today watch for earnings from AA, CSX, DFS, EFX, LVS & STLD. The ECB rate decision is scheduled for tomorrow. China is scheduled to hold another economic briefing tomorrow on its property market. In Europ...
Oct 16, 2024•16 min•Ep. 1025
S&P Futures are positive this morning as earning reports start to hit the tape. BAC, JNJ & PNC are moving higher after their releases. Israel indicates that they will likely stick to military targets in their expected retaliatory strike on Iran. Boeing reaches a line of credit worth 10B with a group of banks. Google and Kairos Power working on a nuclear power project to supply its data centers with clean energy. In Europe, markets are mixed to lower with this week's ECB announcement in f...
Oct 15, 2024•20 min•Ep. 1024
