S&P Futures are trading higher this morning ahead of some key economic reports and comments later today from Fed Chair Jerome Powell. On the earnings front, DIS reported positive results and is trading higher. CSCO, JD also delivered positive results but are moving lower. Capri Holding terminates merger with Tapestry. LLY phase 3 data for tirzepatide was very positive. In Europe, stocks are higher on economic data and upbeat earnings. Oil prices are lightly higher ahead of this morning's sto...
Nov 14, 2024•19 min•Transcript available on Metacast S&P Futures are displaying some weakness this morning as markets awaits this morning inflation report. The October CPI reading is due out before the bell. Yields on the 10-year treasury bonds spike yesterday to their highest level since July in anticipation of a hot inflation reading. The 10 yr yield is at 4.416% this morning. Spirt Airlines is expected to file for bankruptcy as Frontier drops its merger bid. Super Micro says that they are unable to file their 10-Q on time. In earnings news ...
Nov 13, 2024•19 min•Transcript available on Metacast S&P Futures are lower this morning as global markets mover lower.. The key economic event for today will be a speech from Fed Governor Christopher Waller, markets are also looking ahead to tomorrows CPI report. In earnings news Home Depot delivered a positive report and raised guidance. After the bell today SPOT & OXY are scheduled to release. In Europe, stocks are lower due to disappointing economic releases and weakness in China. Oil prices are higher after yesterday's big sell off....
Nov 12, 2024•16 min•Transcript available on Metacast S&P Futures are higher this morning as markets remains enthusiastic on the possibility of future growth with the new administration. Today is veterans' day, banks and the bond markets will be closed. No economic reports today. Wednesday CPI report will be the highlight for the week. On the earnings front this week, HD, AZN, CSCO, DIS & AMAT are all scheduled to report. In Europe, stocks are higher due to corporate earnings announcement and ahead of this weeks inflation report. Oil prices...
Nov 11, 2024•15 min•Transcript available on Metacast S&P Futures are flat to lower in a reaction to corporate earnings. On the earnings front ABNB, ANET, ARRY, DKNG, FTNT, AKAM & TTD are moving lower after announcements. China announced a new stimulus plan which focuses in on debt refinancing. NVDA & SHW ar added to the Dow Jones Industrial Average replacing INTC & DOW. Fed Speaker on watch today as the FOMC announced its 25 basis point rate reduction yesterday. In Europe, stocks are lower as China's stimulus announcement was not a...
Nov 08, 2024•18 min•Transcript available on Metacast S&P Futures are displaying gains this morning after yesterday impressive rally. The markets are awaiting a monetary policy decision from the FOMC today. On the earnings front APP, ELF, LYFT, MCK, QCOM, DDOG & RL are higher after announcements. After the bell today, ANET, ABNB, TTD, SQ, DKNG & RIVN are scheduled to release. Data on Jobless Claims & 3Q Productivity & Cost to be released before the opening bell. In Europe, stocks are higher, The FTSE is only showing a minor gain...
Nov 07, 2024•19 min•Transcript available on Metacast S&P Futures are higher this morning with the election outcome in focus. A Republican sweep of the house and senate means less gridlock. Bond yields are on the rise and the dollar is strengthening. Markets are likely to show strong momentum this morning. On the earnings front CVS, IRM, JKHY & PRGO are higher after announcements. After the bell today ARM, QCOM, GILD, MCK and LYFT are scheduled to release. The FOMC meeting begins today with an announcement scheduled for Thursday. In Europe,...
Nov 06, 2024•14 min•Ep 1040•Transcript available on Metacast S&P Futures are higher this morning with the focus on today's presidential election. While there will be elevated political commentary throughout the day, earnings and economic news will be a source of volatility. Boeings machinist union agrees to end strike. EU investigators conducted searches of NFLX offices due to a tax fraud investigation. APO, HIMS, LPX, PLTR & RACE all delivered earnings beats. MPC announced a $5B share buyback. In Europe, markets remain cautiously higher with comm...
Nov 05, 2024•17 min•Transcript available on Metacast S&P Futures are higher this morning as the markets enter into a week that will be full of market moving headlines. The U.S. elections, Central Bank decisions, and earnings reports will be in focus. The Fed has pushed back their announcement to Thursday due to the election. INTC & DOW are being removed for the DJIA, they are being replaced by NVDA & SHW. Changes are taking place before the open on Friday November 8th. Middle East tensions are on the rise as Iran is threating retaliato...
Nov 04, 2024•19 min•Transcript available on Metacast S&P Futures are higher this morning in reaction to earnings reports. AMXN, INTC, CVX, CAH and XPM are higher after earnings, AAPL is lower as the street was not impressed with their forward guidance. Today attention will be on the Non-Payrolls report which is expected to come in lower from the Sept figures which would be positive for the markets as it would provide additional confidence for a rate cut next week by the Fed. Shares of Boeing are active as the company has issued a new proposal ...
Nov 01, 2024•21 min•Ep 1037•Transcript available on Metacast S&P Futures are in the red this morning as displays concerns with growth rates on MSFT & META after earnings. After the bell today earnings releases from AAPL, AMZN & INTC are due out. PCE and Jobless Claims due out before the opening bell. Bond yields are ticking lower as markets start to display caution in ahead of next week's election. Payrolls report is due out tomorrow. In Europe, markets continue to soften with losses in the three major indexes. Oil prices are showing gains as ...
Oct 31, 2024•20 min•Transcript available on Metacast S&P Futures are ticking higher this morning as markets prepares for another heavy day of earnings and economic reports. RDDT, SNAP, GOOG, V ADP, EAT & CAKE are higher after eps releases, LLY, CAT, OTIS, AMD, CZR are lower. After the bell to earnings reports are due out from MSFT, META, AMGN, COIN, DASH, ROKU & more. In Europe, markets are seeing broad selling with weakness in autos, tech and healthcare. Oil prices are edging higher this morning as API data indicated a draw in stockpi...
Oct 30, 2024•21 min•Transcript available on Metacast S&P Futures are non directional this morning ahead of a the release of a host of earnings and economic reports. Boeing has priced its offerings of common stock and depositary shares as the company looks to raise about $21 billion. FFIV, LDOS PFE THC & WM are higher after earnings announcements, BOOT, F, RCL & SWK are lower. The CEO of Boot Barn said that he is leaving for the top job at Ross Stores. The Biden administration is finalizing a rule that will limit U.S. investments in AI ...
Oct 29, 2024•19 min•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast 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•Transcript available on Metacast S&P Futures are positive this morning ahead of a relatively quite day in the markets today. Bond Markets are closed as today is a federal holiday. China's finance minister highlighted the countries stimulus plans without giving specific numbers, addition meetings scheduled for later this month. U.S. to send missile defense system to Israel ahead of the expected Israeli strike on Iran. Shares of Caterpillar are falling after a major broker downgraded the stock. BA is also weak as striking wor...
Oct 14, 2024•17 min•Ep 1023•Transcript available on Metacast S&P Futures are flat to lower ahead of this morning's PPI print. Markets are also waiting on an announcement out of China that is expected to focus on stimulating domestic consumption. BK, BLK FAST, JPM & WFC all reported earnings beats this morning. Shares of TSLA are down more than 5% after last night's robo taxi event. In Europe, markets are mixed to higher with Middle East tensions, next week's ECB announcement and tomorrow China announcement in focus. Oil prices are weakening this m...
Oct 11, 2024•20 min•Transcript available on Metacast S&P Futures are flat to lower and as expected are staying in a tight trading range this morning. Two key economic reports are due out before the bell (CPI & Jobless Claims) either report could create volatility for the markets this morning. DAL & DPZ are moving lower after announcing earnings this morning. COST released Sept sales data which showed an increase of 6.7%. Two big events today, AMD's Advancing AI conference and TSLA RoboTaxi announcement. Toronto-Dominion Bank is expecti...
Oct 10, 2024•19 min•Transcript available on Metacast S&P Futures are flat to lower in the pre-market. Shares of Boeing are lower as union talks break down. Share of HD are higher as Hurricane Milton approaches landfall in Fla. The DOJ is considering calling for a breakup of Google. Overnight, China announced that an economic briefing is scheduled for Sat. Israel's leader Netanyahu is said to be having a phone call with President Biden today on the Middle East situation. In Europe, markets are higher as ECB officials indicate that a rate cut is...
Oct 09, 2024•20 min•Transcript available on Metacast S&P Futures are indicating a higher opening this morning as bond yields start to fall. Profit takings is being seen in Chinese stocks; China linked stocks are moving lower. There are a host of Fed speakers today, Fed officials will likely push forward expectations of a 25-basis point cut in November. Pepsi's earnings delivered a miss on revenue. Honeywell to spin off Advanced Materials business into publicly traded company. GM's analyst day is likely to create some market moving headlines to...
Oct 08, 2024•17 min•Transcript available on Metacast S&P Futures are indicating a big move lower this morning. Markets are weakening due to rising bond yields and concerns on geopolitical tensions in the Middle East. CPI data for Sept to be released on Thursday. Apollo is buying the Barnes Group for 47.50 a share. Starboard has taken a position in PFE valued at $1B. Key events this week include TSLA robotaxi announcement, GM's Analysts meeting, and AI events for AMD and HPE. Earnings season gets underway this week. In Europe, markets are mixed...
Oct 07, 2024•15 min•Transcript available on Metacast S&P Futures are displaying solid gains this morning. Markets await a key employment report this morning, the monthly non farms payrolls data. Retail stocks are gaining as port workers are returning to the job. Apollo is in talks to buy Barnes Group for $45 a share. Spirt airlines is in talks for a bankruptcy filing. The European Union is set to impose tariffs of up to 45% on electric cars made in China. In Europe, markets are mostly higher. Oil prices are higher as risk premium continue to i...
Oct 04, 2024•15 min•Transcript available on Metacast 
