A.M. Update
S&P futures are up +0.65%, gaining in a steady upward slope throughout the overnight session. Earnings news since yesterday’s close...
A.M. Update
S&P futures are down -0.3%. The latest policy move by the FOMC will be announced at 2:00 ET followed by...
A.M. Update
S&P futures are down -0.4% after the Q1 Employment Cost Index (ECI) – a data point that typically doesn’t garner...
A.M. Update
S&P futures are up +0.25% following last week’s higher finish. Tesla (TSLA) is up more than +12 in front of...
A.M. Update PCE Hotter Than Expected, But Cooler Than GDP Data
S&P futures are up +0.7% following earnings based gains in Alphabet (GOOG) and Microsoft (MSFT). Headline and core PCE Deflator...
A.M. Update
S&P futures are down -1.25%. Q1 GDP unexpectedly collapsed to just 1.6%, down more than 50% from the Q4 print...
A.M. Update
S&P futures are up less than a tenth of a percent and NASDAQ-100 futures are up +0.5%, but well off...
A.M. Update
S&P futures are up +0.35%. A continued downturn in oil prices (-1 @ $81.03) has helped improve sentiment a bit,...
A.M. Update
S&P futures are up +0.6% after 6 days down and after the index posted its worst weekly performance in more...
A.M. Update
S&P futures are unchanged, having recovered from Israel’s limited military strike against Iran. Oil prices initially spiked, sending WTI crude...
A.M. Update – Second Verse is the Same As the First
S&P futures are up +0.15%. Earnings are moving individual names. Discover Financial Services (DFS), CSX (CSX), and others are trading...
A.M. Update
S&P futures are up +0.35% and still tracking in a similar range as yesterday. ES (1m) The price action still...
A.M. Update
S&P futures are up +0.25%. Thus far price is consolidating yesterday’s losses. but overnight action doesn’t look quite as bearish...
A.M. Update
S&P futures are up +0.75%. The positive bias is related to relief that Iran’s attack on Israel didn’t cause any...
A.M. Update
Good morning. The market put in a decent showing yesterday, even though the government run BLS’s PPI report was Banana...
A.M. Update
S&P futures are up +0.1% following PPI & Weekly Initial Jobless Claims. They were down -0.5% at 8 a.m. Total...
A.M. Update – CPI HOT
S&P futures are down -1.25% after CPI came in hotter than expected. Total CPI was up 0.4% in March (consensus...
A.M. Update
S&P futures are up +0.25% as bond yields pull back from their highest levels since November ahead of tomorrow’s CPI....
A.M. Update
S&P futures ae up +0.25%. I have to say I’m surprised that price has barely budged from pre-Payrolls levels this...