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Category: A.M. Update

A.M. Update

17Jan

S&P futures are down -0.65% amid higher rates again this morning. The 2-yr yield, which is most sensitive to changes...

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BrandtA.M. Update

A.M. Update

16Jan

S&P futures are down -0.45%, pressured by dollar strength and higher yields. Not helping matters are losses in influential stocks...

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BrandtA.M. Update

A.M. Update

12Jan

S&P futures are off their 8 a.m. levels down -0.3% and are currently flat, after having garnered mostly negative responses...

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BrandtA.M. Update

A.M. Update – Headline CPI Hot

11Jan

S&P futures had been trading up +0.2% 30 minutes before the CPI report. They now trade lower by -0.2%. Gains...

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BrandtA.M. Update

A.M. Update

10Jan

S&P futures are down -0.1%, or roughly in-line with fair value. Lower yields this morning may support equities and keep...

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BrandtA.M. Update

A.M. Update

09Jan

I thought index futures price last night looked unusual. S&P futures are down -0.55% this morning, with yesterdays best performing...

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BrandtA.M. Update

A.M. Update

08Jan

S&P futures are nearly unchanged. The Dow Jones Industrial Average  is headed for a lower open due to a big...

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BrandtA.M. Update

A.M. Update

05Jan

S&P futures are down -0.2%. The 10-yr  yield moved above 4.00%, up six basis points from yesterday to 4.05%, which...

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BrandtA.M. Update

A.M. Update

03Jan

S&P futures extend yesterday’s losses, down -0.4%, but this morning led lower by Small Cap Russell 2000 futures (-1.2%) rather...

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BrandtA.M. Update

A.M. Update

02Jan

S&P futures are down -0.8% to start the first trading day of the New Year. S&P futures (15m) the area...

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BrandtA.M. Update

A.M. Update

29Dec

Index futures are trading fractionally lower. Participation will be light again this last trading day of 2023, with the S&P...

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BrandtA.M. Update

A.M. Update

28Dec

S&P futures are down a tenth of a percent, but R2K futures are down -0.5%. Participation will be light again...

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BrandtA.M. Update

A.M. Update

27Dec

S&P futures are flat after yesterday’s 1-day overbought internals. Participation should be light again today, and throughout the rest of...

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BrandtA.M. Update

A.M. Update

26Dec

S&P futures are up +0.1% in thin post-holiday trade volume. There’s been very little movement in the overnight session following...

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BrandtA.M. Update

A.M. Update

22Dec

S&P futures are up +0.2% and still moving in a parallelogram following Wednesday’s loss that’s consentient with a bear flag....

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BrandtA.M. Update

A.M. Update

21Dec

S&P futures are up+0.75% in a correction of yesterday afternoon’s weakness. About +0.5% of that was overnight correction/consolidation, and 0.25%...

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BrandtA.M. Update

A.M. Update

20Dec

S&P futures are down -0.2%. Yesterday was a strong 1-day overbought internals signal. Geopolitical angst is also part of the...

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BrandtA.M. Update

A.M. Update

19Dec

S&P futures are up +0.2%.  A drop in yields has acted as support. The 2-yr yield is down 1 basis...

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BrandtA.M. Update

A.M. Update

18Dec

S&P futures are up +0.3%. Treasury yields are moving lower, acting as support for equities. The 2-yr yield is down...

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BrandtA.M. Update

A.M. Update

15Dec

S&P futures are flat after giving up overnight gains. The NY Fed’s, Williams, told CNBC, “We aren’t really talking about...

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BrandtA.M. Update

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