S&P Futures are down hard this morning with significant weakness in tech shares. DeepSeek, a Chinese AI start up is said to have a large language model which is highly comparable to OpenAI model, but uses lower end chips. Trumps threat of 25% tariffs on Columbia is no longer in play as Columbia agrees to take back repatriated migrants. There are two key central bank meetings this week (FOMC & ECB). Host of big earnings this week, tomorrow morning BA, JBLU, LMT & RTX are set to report...
Jan 27, 2025•18 min•Ep 1093•Transcript available on Metacast S&P Futures are trading slightly lower with continued weakness in semiconductors. Key event today will be the flash PMI data due out before the bell. Earnings are in focus with multiple big tech stock set to report next week. Boeing preannounced its earnings which were negative due to the union strike. Twillo announced a big share buyback at its investor's day. European shares are mainly higher on Eurozone PMI data & oil prices are higher by +0.30% this morning.
Jan 24, 2025•21 min•Ep 1092•Transcript available on Metacast S&P Futures are trading slightly lower this morning due to weakness in semiconductors. Markets are questioning the numbers and the timing of the recently announced Stargate Project. Key event today will be President Trump's speech today at Davos summit. Trump is schedule to speat at 11:00 am ET. His interview last night was rather uneventful as the focus was on his issues with former president Biden and FEMA. Central Bank meetings are on watch, the BOJ will make an announcement tomorrow, FOM...
Jan 23, 2025•19 min•Ep 1091•Transcript available on Metacast S&P Futures are moving higher this morning with positive momentum in tech stocks. The tech rally is due to a White House announcement on the Stargate Project which is $500B fund to build out AI infrastructure. Concerns over tariffs are falling, while Trump has spoken about plans to impose 25% tariffs on Feb 1 on goods from Mexico & Canada, the trade deficit study is schedule for April 1st. Earnings are also in focus today with NFLX, IBKR & JNJ moving higher after releasing their repo...
Jan 22, 2025•18 min•Ep 1090•Transcript available on Metacast S&P Futures are trading higher as the market react to a new administration in the White House. The President's ability to issue Executive Orders will be on watch this week with possible tariff announcement on Canada and Mexico. Earning reports will be in focus this week ahead as a host of major companies are scheduled to release. MMM reported a beat this morning and after the bell today NFLX, STX & UAL will report. Tomorrow morning, PG, JNJ, ABT, TRV & HAL will be releasing earnings ...
Jan 21, 2025•16 min•Ep 1089•Transcript available on Metacast S&P Futures are displaying positive gains this morning. The key economic event overnight was the China GDP reading which showed +5% expansion for 2024. RIVN said it closed on a loan agreement with the DOE. Starboard Value has taken a 7.7% stake in QRVO. Monday is a holiday as Trump takes office. President Trump is expected to announce a host of Executive Orders on Monday related to tariffs on China, Canada and Mexico, Immigration deportations and Bitcoin. Housing starts data is out this morn...
Jan 17, 2025•20 min•Ep 1088•Transcript available on Metacast S&P Futures are positive in the pre-market with earning reports in focus. BAC and PNC delivered positive earnings reports this morning. UNH is lower as revenue missed expectations. TSM also reported strong earnings and raised guidance, they were very bullish on their call about AI chip demand. This morning, before the opening bell markets will be paying close attention to the Retails Sales report and Jobless Claims data. TGT raised guidance due to strong holiday sales. Big issue ahead remain...
Jan 16, 2025•22 min•Ep 1087•Transcript available on Metacast S&P Futures are showing gains this morning. Bond yield as ticking lower, Governmental fiscal policies remain a major concern for the markets. This morning, before the opening bell markets will be paying close attention to Consumer Price Index report. Fourth quarter earnings season kicks off today, JPM, BK, WFC & BLK all came in with earnings that beat estimates this morning. Markets will also be paying attention to Fed Speak as multiple Fed officials are schedule to speak today. Defense-...
Jan 15, 2025•21 min•Ep 1086•Transcript available on Metacast S&P Futures are displaying positive action this morning. Key development is the weakening of bond yields which is due to reports that President elect Trump's team is considering a cautious and slow approach to implementing tariffs to avoid an inflation spike. Markets will be paying close attention to this morning Producer Price Index report which is due out before the bell. Chinese regulators announced plans to collaborate with the PBOC to enhance the effectiveness of monetary policy tools t...
Jan 14, 2025•17 min•Ep 1085•Transcript available on Metacast S&P Futures are trading lower this morning as markets react to rising Treasury bond yields and rising inflation expectations. The market is not pricing in less than 25 basis points in rate cuts for 2025. Markets will be paying close attention to the pending PPI and CPI reports due out this week. Also in focus will be a host of key earnings reports as Earning Season gets underway. The Biden Administration released their new AI chip export restrictions this morning. China's exports came in ext...
Jan 13, 2025•17 min•Ep 1084•Transcript available on Metacast S&P Futures are trading lower this morning as markets await this morning Non-Farms Payrolls report. Two Fed officials spoke on Thursday and gave indications that the Fed's rate policy is near neutral. St. Louis Fed's Musalem also spoke on Thursday and said that the economic outlook appears to be different now than it was four months ago. Insurance stocks are moving lower this morning as California wildfires have destroyed thousands of structures, ALL, TRV & CB most exposed. The Biden Adm...
Jan 10, 2025•18 min•Ep 1083•Transcript available on Metacast S&P Futures are display some weakness this morning in the premarket. The focus this morning will be on employment data. Both the ADP employment report and Jobless Claims data will be released before the opening bell. Fed meeting minutes are due out this afternoon. Quantum stocks are falling after NVDA CEO commented that he does not expect the technology to be in widespread use for decades. XOM has indicated that 4Q earnings will be negatively impacted by weakening oil prices, higher natural ...
Jan 08, 2025•16 min•Ep 1082•Transcript available on Metacast S&P Futures are positive this morning with premarket gains in banks & semiconductors sectors. The key economic data point for today will be this morning's JOLT's report which is due out after the opening bell. Fed Gov Cook delivered a stark warning on asset valuations yesterday. The Biden administration has placed Tencent Holdings & Contemporary Amperex Technology on its blacklist due to alleged links to the Chinese military. A news article indication that the Trump tariffs maybe mor...
Jan 07, 2025•19 min•Ep 1081•Transcript available on Metacast S&P Futures are positive this morning with gain in semiconductors after strong earnings report from Foxconn. The key economic data point for today will be this morning's report on Factory Orders which is due out after the opening bell. The annual Consumer Electronics show gets underway this evening with a keynote speech from the CEO of NVDA. Bond yields are ticking higher as market shows concern that the upcoming Trump polices will create inflation. Multiple reports this morning indicate tha...
Jan 06, 2025•13 min•Ep 1080•Transcript available on Metacast S&P Futures are showing gains this morning with positive action in autos, banks, drugs and tech. The key economic data point for today will be the ISM Manufacturing index which is due out after the opening bell. U.S. Steel (X) is falling, Indications that Biden will announce that his is blocking their merger with Nippon Steel. Carvana shares are weakening after a negative report from Hindenburg Reseach. Gains are Constellation Energy (CEG) as the firms won more than $1B in government contrac...
Jan 03, 2025•16 min•Ep 1079•Transcript available on Metacast S&P Futures are trading higher this morning with tech shares displaying strong gains. The key economic data point for today will be the Jobless claims which is due out before the opening bell. TSLA is expected to release its sales data today. On Friday, Congress votes on whether or not Mike Johnson remains speaker. Next week the annual CES show in Las Vegas gets underway. European markets are trading lower mainly due to PMI data. Oil prices are higher in the pre-market with demand expectatio...
Jan 02, 2025•16 min•Ep 1078•Transcript available on Metacast S&P Futures are trading higher this morning as tech shares are displaying gains in the last trading session of the year. Bond markets close at 2:00 pm, but it is a regular session for equities. Chinese retailing stocks are higher as China's president says the country has hit its 5% growth target for 2024. Shares of TSLA are on watch as it is expected to release 4Q production figures later this week. The recent plane crash in South Korean is highlighting a debate on the designs of airports. I...
Dec 31, 2024•14 min•Ep 1077•Transcript available on Metacast S&P Futures are trading lower and the trading range is tight as markets close in on the end of the year. The key economic report today is the pending new home sales data due out after the open. Tresury Sec Yellen says extraordinary measures to avoid default will start in min January. Former President Jimmy Carter died yesterday, markets to close on Thursday, Jan 9th. Shares of Boeing are being hit hard this morning after a plane crash in South Korea, the plane was a 2009, 737-800 jet and the...
Dec 30, 2024•16 min•Ep 1076•Transcript available on Metacast S&P Futures are trading lower and in a tight trading range, volumes are thin. Weakness is on display in virtually all sectors this morning, except for the quantum stocks which are displaying strong gains. Streaming services (NFLX & DIS) report positive viewership for holiday sporting events. Mastercard says holiday spending increase 3.8% with strength in apparel and restaurants. Grid Dynamics (GDYN) to be added to the S&P 600 on Thursday Jan 2nd. European markets are mainly higher. O...
Dec 27, 2024•11 min•Ep 1075•Transcript available on Metacast S&P Futures are trading lower this morning in light volume. The majority of exchanges are closed today and there is a lack of catalyst likely to occur today. The key economic report today will be the data on Jobless Claims for last week. Markets are expecting the number to come in at 225k which is slightly higher than last week's 220k reading. A trade group representing the major banks sued the Federal Reserve on Tuesday over a lack of transparency on stress tests. Oil prices are ticking hig...
Dec 26, 2024•11 min•Ep 1074•Transcript available on Metacast S&P Futures are trading higher this morning in a tight trading range, volumes are light. China announced plans to issue $411B in special treasury bonds which will be used to help boost consumption. The Committee on Foreign Investment in the U.S. referred the decision on the proposed buyout of U.S. Steel by Nippon Steel to President Biden. Netflix sues Broadcom's VMware over violation of patent rights Banks are higher and airline stocks are on watch this morning. Equity markets to close at 1:...
Dec 24, 2024•16 min•Ep 1073•Transcript available on Metacast S&P Futures are trading slightly lower this morning in light volume. This morning after the market opens the Consumer Confidence report is scheduled for release. On Saturday morning, President Biden signed a continuing resolution bill on the debt ceiling which prevented a shutdown. Honda and Nissan said that they have a merger agreement in place. Xerox to buy Lenox. Equity markets will have a 1/2 day on Tuesday and will be closed on Wednesday. In Europe stocks trading lower in a light tradin...
Dec 23, 2024•14 min•Ep 1072•Transcript available on Metacast S&P Futures are displaying significant weakness this morning. This morning there are a couple of negative catalysts causing markets to fall. The Trump backed budget bill failed to pass and the government faces a shutdown this weekend. Markets are also cautious ahead of this morning's inflation report which is expected to edge higher. Additional President -Elect Trump has issued tariff threats to the EU if they don't purchase more oil and gas from the U.S. Holiday periods can often result in ...
Dec 20, 2024•20 min•Ep 1071•Transcript available on Metacast S&P Futures are positive this morning as market rebound from yesterday's selling pressure. Fed delivered a rate cut and lowered its forward guidance on rates, however the narrative from the fed was rather hawkish which caused heavy selling pressure. Congressional leaders budget deal is running into some stiff pushback from republican lawmakers. Earnings reports after the bell today from NKE & FDX. MU released forward guidance that disappointed the street. Shares of LW are under pressure ...
Dec 19, 2024•18 min•Ep 1070•Transcript available on Metacast S&P Futures are positive this morning with multiple catalysts ahead. The key economic event today will be the FOMC announcement on monetary policy where a 25-basis point cut is expected. The latest dot plot data will be released which will likely show fewer and slower rate cuts in 2025. Powells press conference will likely be a source of market volatility. Congressional leaders reached a deal on government funding. Earnings reports after the bell today from MU, LEN, MKLN & SCS. Honda and...
Dec 18, 2024•23 min•Ep 1069•Transcript available on Metacast S&P Futures are slightly lower this morning as the Fed starts its two-day monetary policy meeting. Retail Sales report for November is due out before the opening. Earnings reports scheduled for tomorrow morning include TTC, BIRK, JBL & GIS. Pfizer is expected to release its 2025 guidance this morning. Meta says Threads has over 100m DAUs, 300m MAUs. President - elect Trump is said to be meeting with NFLX Co- CEO today. Congress remains at an impasse on the continuing resolution bill. In ...
Dec 17, 2024•15 min•Ep 1068•Transcript available on Metacast S&P Futures are higher this morning as markets start to turn their attention to monetary policy. In the week ahead the FOMC, BOE, BOJ will be making monetary policy announcements. NASDAQ is adding PLTR, MSTR & AXON to the Nasdaq 100 index next week. Earnings reports are due out this week from MU, LEN, GIS, BIRK, CAG, DRI, CTAS, FDX & NKE. Congress must pass a continuing resolution by Dec 20th to avoid a partial government shutdown. In Europe stocks trading lower due to political inst...
Dec 16, 2024•18 min•Ep 1067•Transcript available on Metacast S&P Futures are higher this morning as markets cheer last night's earnings report from AVGO. NASDAQ set to announce a rebalancing of its Nasdaq 100 index. Looking ahead to next week, earnings announcements are due out MU, LEN, PAYX, CTAS, FDX & NKE. FOMC meeting with announcement on Wednesday. The Fed will be updating their Dot Plot at this meeting. Congress needs to pass a continuing resolution by Dec 20th to avoid a partial government shutdown. In Europe stocks trading higher as market...
Dec 13, 2024•19 min•Ep 1066•Transcript available on Metacast S&P Futures are higher this morning with inflation data in focus with the producer-price index for November scheduled for release. ADBE shares are falling due to its forward guidance. After the bell today, CSCO and AVGO are schedule to release earnings. ECB Monetary policy announcement is scheduled for this morning. Ceasefire agreement in Gaza is closer as Hamas makes concessions on hostages release and Israeli troops placements In Europe stocks trading slightly higher as markets await the E...
Dec 12, 2024•18 min•Ep 1065•Transcript available on Metacast S&P Futures are higher this morning and are in a tight trading range ahead of a key economic report. PLAY is falling after an earnings miss and CEO departure. LOW and M issued lower than expected guidance figures. The NASD 100 is set to be rebalanced on Friday, PLTR and MSTR are names being considered. ADBE is scheduled to release earnings after the close, COST & AVGO to report on Thursday. Monetary policy meeting in Canada today, The ECB meeting is scheduled for tomorrow. In Europe stoc...
Dec 11, 2024•23 min•Ep 1064•Transcript available on Metacast 
