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Category: A.M. Update

A.M. Update – Carry Trade Re-wind

07Aug

S&P futures are up +1.1%. The reason? In the Summary section of Monday’s Daily Wrap I wrote, “In my opinion...

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BrandtA.M. Update

A.M. Update

06Aug

S&P 500 futures are up +0.4%, having given up some of overnight gains. Overseas, Japan’s Nikkei surged +10.2% following its...

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BrandtA.M. Update

A.M. Update

05Aug

The global sell off that began late last week on fears about US economic growth has continued. S&P futures are...

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BrandtA.M. Update

A.M. Update – Recession Fears Spike With Recession Signal

02Aug

Isn’t it strange thing to see just how fast sentiment, even sentiment around something like a recession, can change. The...

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BrandtA.M. Update

A.M. Update

01Aug

S&P futures are up +0.5% and look somewhat shaky from overnight trade. NASDAQ futures are up +0.4% and have lost their...

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BrandtA.M. Update

A.M. Update

31Jul

S&P futures have rebounded in spectacular  fashion ahead of the Fed, up +1.25%. The positive bias in early trading is...

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BrandtA.M. Update

A.M. Update

30Jul

S&P 500 (+0.2%) and NASDAQ 100 (+0.3%) futures are higher, supported by gains in mega cap names. There’s still an...

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BrandtA.M. Update

A.M. Update

29Jul

S&P 500 futures are up +0.4% in early trading in front of a busy week. Earnings reporting picks up steam...

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BrandtA.M. Update

A.M. Update Fed’s Favored Inflation Gauge A Little Hot

26Jul

S&P futures are up +0.75% and NASDAQ +1% supported by pre-open gains in mega cap and semiconductor shares. US JUNE...

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BrandtA.M. Update

A.M. Update

25Jul

S&P futures are flat. Weekly initial jobless claims totaled 235,000 (consensus 240,000) following a revised count of 245,000 last week...

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BrandtA.M. Update

A.M. Update – Mega Cap Tech Earnings Drag Market Lower

24Jul

S&P (-0.9%) and NASDAQ (-1.45%) Index futures are sharply lower. Tesla (TSLA) and Alphabet (GOOG) show sizable pre-open declines in...

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BrandtA.M. Update

A.M. Update

23Jul

S&P futures are just a tick below unchanged. NASDAQ-100 futures  are still down -0.2%; lower after disappointing earnings guidance from semi,...

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BrandtA.M. Update

A.M. Update – Biden Steps Aside, Little Reaction

22Jul

S&P futures are up +0.6%, supported by pre-open gains in mega cap and semiconductor stocks which have lifted NASDAQ-100 futures...

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BrandtA.M. Update

A.M. Update

19Jul

S&P futures are up +0.1% ahead of today’s $2.7 Trillion options expiration. There is a lot of mixed up action...

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BrandtA.M. Update

A.M. Update

18Jul

S&P futures are up +0.3% as the Dollar-Yen pair (+0.1%) have held steady and calm overnight and not seen the...

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BrandtA.M. Update

A.M. Update

17Jul

S&P futures are down -0.9% with NASDAQ-100 down -1.4% on the back of European market weakness and following a negative...

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BrandtA.M. Update

A.M. Update

16Jul

S&P futures are up +0.2%, but Small Caps are best, up +1% as they continue their run toward the measured...

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BrandtA.M. Update

A.M. Update

15Jul

Stock futures are higher amid rising Treasury yields. S&P futures are up between +0.35% and +0.4% in consolidative trade off of...

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BrandtA.M. Update

A.M. Update – PPI Hot

12Jul

S&P futures are up +0.07%, NASDAQ are flat, but Small Caps are +1%.  The June headline PPI printed hot at...

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BrandtA.M. Update

A.M. Update

11Jul

S&P futures were up on this morning’s gains on a positive knee-jerk reaction to CPI and Initial Claims data, but...

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BrandtA.M. Update

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