S&P Futures are lower this morning as market continue to pay attention to geopolitical events in the Middle East. On the calendar for today are reports on Jobless Claims and Factory orders along with updates on the services sector. LEVI is falling after reporting earnings last night, STZ is scheduled to report this morning. Autos and banks are lower and Chinese retailers are falling due to profit taking. In Europe, markets mostly lower, weakness in the British Pound is a positive for U.K. st...
Oct 03, 2024•20 min•Transcript available on Metacast S&P Futures are flat to lower this morning with the dominant topic being Iran's missel strike on Israel. The strike was largely ineffective, and Israel has vowed to respond. A strong response will likely cause markets to weaken. The ADP employment report is due out this morning, last month's report was underwhelming. NKE release an EPS beat yesterday after the close, but the outlook remains weak. Luxury, casinos and oil stocks are positive this morning. In Europe, markets are attempting to c...
Oct 02, 2024•17 min•Transcript available on Metacast S&P Futures are flat to higher this morning with a focus on pending data releases on manufacturing and employment this morning. Fed Chair Jerome Powell sees more rate cuts this year. MKC delivered a strong earnings beat this morning, NKE earnings are due out after the bell. Labor unrest continues as east coast port workers go on strike. Boeing is working on plans to raise at least $10 billion by selling new shares, union strike continues to weigh on share price. Pepsi is said to be in advanc...
Oct 01, 2024•21 min•Ep 1014•Transcript available on Metacast S&P Futures are flat to lower ahead of this morning as we head into the week with employment data in focus. Fed Chair Jerome Powell is speaking this afternoon. The union of dockworkers on the east coast appear likely to go on strike a midnight as contract expires. Boeing talks with union officials are stalled over pension issues. Auto stocks are lower as Stellantis lowers its guidance. AT&T is selling its 70% stake in DirectTV to TPG. In Europe, markets are weakening as the selloff in au...
Sep 30, 2024•14 min•Transcript available on Metacast S&P Futures are flat to lower ahead of this morning PCE data. COST delivered an earnings beat on lower revenue last night. DirecTV is in talks to acquire Dish Network. Union leaders at Boeing did not take the latest offer to a vote. A longshoreman strike is possible next week, a prolong strike would hurt holiday sales. Bristol Meyers receives approval for its schizophrenia treatment. In Europe, markets are positive luxury and mining's stocks are higher. Oil prices are edging higher ahead of ...
Sep 27, 2024•16 min•Transcript available on Metacast S&P Futures are displaying a strong leg higher this morning. Key factors behind the positive action are the stimulus plans out of China and the positive earnings announcement from Micron. Economic data will be on watch today with multiply economic reports due out. Market will also be paying attention to a host of Fed speakers this morning. Southwest Airline is holding a key investors day today as Elliott mgmt pushed for changes. After the bell, COST to release earnings and tomorrow PCE data ...
Sep 26, 2024•24 min•Ep 1011•Transcript available on Metacast S&P Futures are ticking lower ahead of the opening bell today. Sentiment is cautious this morning as markets hit another all time high yesterday. China continued to provide stimulus as its central bank cut its one-year loan rate to 2% from 2.3%. Meta's Meta Connect event starts today, CEO to speak at 1:00 pm. Presidential candidate Harris is said to be making a major economic speech today. The DOJ is said to be investigating SAP and Accenture. Micron to release earnings after the bell today....
Sep 25, 2024•18 min•Ep 1010•Transcript available on Metacast S&P Futures are flat to higher ahead of the opening bell today. Sentiment is positive as China finally releases a strong stimulus package. Visa is on watch as the Justice Dept is said to preparing a lawsuit over anti-competitive practices. Boeing looks to end union strike and send a proposal yesterday. Fed Governor Michelle Bowman to speak today, she was the only dissenting vote in last weeks Fed decision. Senator will be grilling the CEO of Bovo Nordisk today over the high cost of weight lo...
Sep 24, 2024•15 min•Transcript available on Metacast S&P Futures are slightly higher this morning. There are a host of Fed speakers this morning. Flash PMI data out of Europe were negative this morning which may push the ECB to ease monetary policy. China PBOC lower a borrowing rate this morning and scheduled an announcement for tomorrow. DELL, PLTR & ERIE have been added to the SPX index as of today. Intel is higher due to market chatter that Apollo is preparing a multi-billion-dollar investment. House Speaker Mike Johnson indicated that ...
Sep 23, 2024•14 min•Ep 1008•Transcript available on Metacast S&P Futures are weakening this morning as the markets react to more cental bank decisions. The economic calendar is light today. Overnight, Lennar, Fed Ex and MillerKnoll released disappointing earnings. The BOJ and the PBOC left rates unchanged, markets were expecting a rate cut from the PBOC. Nike's CEO announced his retirement. Autos are weak as Mercedes trimmed its forecast amid ongoing weakness in China. Chip stocks are also falling. In Europe, markets are pulling back as autos, luxury ...
Sep 20, 2024•16 min•Transcript available on Metacast S&P Futures are displaying an aggressive leg higher this morning. After a failed rally yesterday, stocks are back in the green as markets across the globe push higher due to yesterday FOMC announcement. This morning, we have the Jobless Claims and Housing data due out. After the bell today FDX, LEN and MLKN are scheduled to release earnings. Boeing is making moves to preserve cash as strike talks stall. The SEC approved a change to market rules to allow many stocks to be quoted in 1/2 cent i...
Sep 19, 2024•16 min•Ep 1006•Transcript available on Metacast S&P Futures are positive this morning and are likely to remain in a holding pattern until this afternoon Fed Announcement. The size of the cute, the Dot Plot & Powell's Press Conference will be in focus today. Additional monetary policy meeting this will include Thursdays BOE meeting and Friday's BOJ meeting. The Biden administration is moving forward with its tariff plans on shipments valued under $800. CRWD is holding an investor briefing today at 2:00 pm. JP Morgan has entered into ta...
Sep 18, 2024•21 min•Transcript available on Metacast S&P Futures are displaying a strong move to the upside this morning as expectations increase to 0.68% for a 50-basis point rate cut from the Fed Reserve tomorrow. August Retail Sales report is due out before the bell today. INTC is leading the DJIA higher after announcing a deal to provide custom chips to AMZN web services. MSFT is gaining as their board announced a $60B share buyback. A U.S. trade delegation is in route to China for talks over the recent wave of Chinese imports. Tomorrows F...
Sep 17, 2024•16 min•Transcript available on Metacast S&P Futures are slightly lower this morning. Big week ahead for Central Bank meetings from the FOMC, BOE & the BOJ. Markets are expecting a dovish narrative from the Fed on Wednesday. CRM's Dreamforce conference starts tomorrow. MSFT is expected to speak today at 11:00 on a Copilot announcement. A Federal appeal court will consider whether the U.S. government has the rights to force TikTok to sever ties with China. In Europe, markets are displaying muted losses, healthcare and luxury sto...
Sep 16, 2024•17 min•Transcript available on Metacast S&P Futures are higher this morning. The economic calendar is light. On the earnings front, ADBE delivered guidance that was light as compared to street expectations. RH delivered a beat on higher revenue. Share of Boeing are falling as union works initiated a strike which is halting 737 Max production. Sentiment remains positive ahead of next week's FOMC meeting. In Europe, markets are displaying gains, and oil prices continue to push higher as oil traders assess the damage created by Hurri...
Sep 13, 2024•18 min•Ep 1002•Transcript available on Metacast S&P Futures are displaying gains this morning as markets prepares for an ECB announcement on interest rates and this morning's data on Producer Prices. Jobless Claims are also on tap this morning, expectations are for a reading of 225,000. Tech stocks are showing gains. MRNA, NTGR and ALK, all released updated guidance data. After the bell today. ADBE is expected to release earnings. Norfolk Southern (NSC) is lower this morning as CEO was removed due to an improper relationship. An ECB annou...
Sep 12, 2024•18 min•Transcript available on Metacast S&P Futures are lower this morning as markets prepare for the release of the latest inflation figures. Harris Trump debate was the key news event overnight; however, the election is still a long way off. The Fed's Michael Barr introduced new bank capital requirements yesterday which is positive for Bank. Nippon Steel executive is said to have flown into Washington DC in an effort to save its takeover deal with U.S. Steel. On Thursday there is an ECB announcement where a rate cut is being ant...
Sep 11, 2024•17 min•Ep 1000•Transcript available on Metacast S&P Futures are flat to lower this morning as the earnings and economic calendars are light today. ORCL delivered a positive earnings report last night plus they announced deals with cloud providers. EU regulators uphold fines to AAPL & GOOG. Congress passed legislation to cut off U.S. government funding for Chinese biotech companies deemed national security risks. AAPL's iPhone release came in as expected. Trade tensions with China remain a concern as exports grew while imports fell. On...
Sep 10, 2024•18 min•Transcript available on Metacast S&P Futures are displaying positive action this morning after last week's selling pressure was overdone. Markets will be focusing on Wednesday's CPI data and Thursday PPI data releases. AAPL's iPhone 16 to be released today. Boeing averted a potential union strike. DELL, PLTR & ERIE are being added to the S&P 500 on 9/23. AAL, ETSY & BIO are being removed. Congress embarks on what has been billed as "China Week," a bipartisan bill targeting Chinese biotech companies. On Thursday ...
Sep 09, 2024•16 min•Ep 998•Transcript available on Metacast S&P Futures are falling ahead of this morning Non-Farm Payrolls release. Yesterday's ADP employment report was considered soft which is creating nervousness ahead of this morning's release. Overall, the recent bearish sentiment can be best described as markets anxiety on economic growth concerns. On the earnings front, Broadcom delivered a beat last night, but their forward guidance as light. This is a continuing theme being seen on AI related stocks. Salesforce announced a 1.8B takeover of ...
Sep 06, 2024•23 min•Transcript available on Metacast S&P Futures are extending their losses from yesterday this morning as a wave of selling pressure seen from Asia to Europe overnight. Markets will be paying attention to this morning's reports on factor orders and job openings. After the bell yesterday GTLB & HQY released positive earnings reports. ZS also beat but lowered Q1 guidance. This morning, DLTR released weaker than expected eps report, DKS and CIEN are on deck this morning. While the U.S. & China's economic data was slightly...
Sep 04, 2024•21 min•Transcript available on Metacast S&P Futures are displaying negative action ahead of the opening bell. The focus this morning will be on the ISM Manufacturing report due out after the opening bell. This afternoon ZS, GTLB, HQY & PD will be releasing earnings reports. Tomorrow morning, DLTR, DKS & CIEN are scheduled to report. Shares of Boeing are under pressure this morning due to a downgrade from a major broker. Democratic presidential nominee Kamala Harris on Monday opposed the sale of US Steel to Japan's Nippon S...
Sep 03, 2024•15 min•Transcript available on Metacast S&P Futures are displaying positive action ahead of the opening bell. The focus this morning is on inflation with the PCE report due out before the opening bell. ADSK, DELL, LULU, MDB & MRVL are all higher this morning after releasing earnings results. Next week economic data will be focused on employment with the non-farms payrolls being the major market moving report. There is a big union meeting on Wednesday as dock workers at some of the nation's busiest ports are looking for a new c...
Aug 30, 2024•23 min•Transcript available on Metacast S&P Futures are slightly higher this morning as the markets react to the earnings results from NVDA. Nivida is still performing very well, concerns of the blackwell chip being delayed was refuted. CRM, CRWD, HPW, VEEV, PSTG & FIVE delivered positive results. After the bell today, DELL, MRVL, ADSK, LULU & ULTA are scheduled to report. Jobless Claims will be the key economic report today. Markets are anticipating soft inflation data from tomorrow PCE report, Media outlets talk up the p...
Aug 29, 2024•21 min•Transcript available on Metacast S&P Futures are slightly higher this morning as the markets await earnings results from NVDA due out after the bell. BOX, JWN & S are higher after earning releases last night. After the bell today, CRM, CRWD, HPW, VEEV, PSTG & FIVE are scheduled to report. The economic calendar is light today, Bostic of the Atlanta Fed is speaking after the close. In Europe, markets mostly higher and oil continues to weaken.
Aug 28, 2024•20 min•Ep 991•Transcript available on Metacast S&P Futures are slightly lower this morning as markets await a new catalyst to drive momentum. Earnings after the bell include JWN, BOX, PVH & S. Tomorrow morning KSS, FL, BBWI, ANF CHWY and SJM are set to report. NVDA is the key earnings report for the week, and they are releasing tomorrow afternoon. JD.com announces a 5B buyback. Artal Intl files to sell 6m shares of CAVA. LLY announces a lower cost for its weight loss drug Zepbound. Canada to impose 100% tariffs on Chinese EV's. Natio...
Aug 27, 2024•20 min•Ep 990•Transcript available on Metacast S&P Futures are indicating a higher opening this morning. Oil prices are in focus as tensions rise in the Middle East over the weekend. In the week ahead, NVDA, CRM CRWD, ULTA, LULU MRVL, DELL and others are schedule to report. GDP & PCE data will be the key economic releases this week. National Security Advisor Jake Sullivan will be in China this week, China set to bring up issues on Taiwan and tariffs. In Europe, markets are mixed to higher and oil prices gain more than 2% on Middle Ea...
Aug 26, 2024•17 min•Transcript available on Metacast S&P Futures are indicating a higher opening this morning. Fed Chairman Jerome Powell to speak today, he unlikely to provide significate comments on the economy that has not already been said. The head of the BOJ delivered a speech that calmed markets fears as he indicated that the BOJ is not in a rush to raise rate but noted that they are watching markets closely. Earnings were mostly positive last night with eps beats from CAVA & WDAY. General Motors and Uber are teaming up on a robo-ta...
Aug 23, 2024•19 min•Transcript available on Metacast S&P Futures are indicating a higher opening this morning. There are a host of important economic releases out today, this morning Jobless Claim will be widely watched. SNPS, A, BILI, BJ & ZM are sll trading higher after earnings beats. TD Bank announced that they will be selling 40.5m shares of SCHW. Media executive Bronfman hiked his bid for PARA to $6 billion. The Jackson Hole economic conference gets underway today. In Europe, markets are slightly higher. Oil prices are gaining in the...
Aug 22, 2024•19 min•Transcript available on Metacast S&P Futures are pushing higher this morning due to a host of recent earnings releases. TOL & KEYS delivered earnings beats last night and TGT & ADI are higher after eps beats. After the bell today SNOW, A, ZM & URBN will be releasing and tomorrow morning NTES, BIDU, BJ & AAP are scheduled to report. After the close, Walmart indicated that it will be selling its 3.6B stake in JD.com. Later this morning the BLS will be announcing its labor market revisions. Fed Meeting Minutes ...
Aug 21, 2024•21 min•Transcript available on Metacast 
