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Category: A.M. Update

A.M. Update

28Dec

S&P futures are up +0.1%. Tesla (TSLA) is up +1.7% in pre-market after a huge string of losses. Hong Kong...

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BrandtA.M. Update

A.M. Update

27Dec

Index futures start the week mixed. S&P futures are up +0.1%, reopening from the long holiday weekend to reports that...

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BrandtA.M. Update

A.M. Update

23Dec

S&P futures are flattish, down around 0.1%. Today marks the official start of the so-called Santa Claus rally period, which...

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BrandtA.M. Update

A.M. Update

22Dec

S&P futures were trading down about -0.3% as earnings reports from Micron (MU) and CarMax (KMX) disappointed, until the Q3...

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BrandtA.M. Update

A.M. Update

21Dec

S&P futures are up +0.8%. Dow futures are up +1% as Treasury yields fall. The market has also reacted positively...

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BrandtA.M. Update

Early Update – Better Tone After Another Successful Test of $3800

20Dec

10:20 a.m. ET Higher Yields – this time participated by the Bank of Japan’s surprising shock announcement revising their yield...

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BrandtA.M. Update

A.M. Update

20Dec

S&P futures are down -0.2% at $3837, recovering off a sharp decline after a surprise move by the Bank of...

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BrandtA.M. Update

A.M. Update

19Dec

S&P futures are trading just above the unchanged mark. There are ongoing reports about COVID cases increasing rapidly in China....

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BrandtA.M. Update

A.M. Update

16Dec

S&P futures are down -1% on this quad-witching options expiration day with some $4 trillion in notional expiring, making it...

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BrandtA.M. Update

A.M. Update

15Dec

S&P futures are down -1.3% after a litany of other banks joined the Fed in raising rates this week. The...

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BrandtA.M. Update

A.M. Update

14Dec

S&P futures are little changed, down less than 0.1% as market participants await the FOMC decision at 2:00 p.m. ET,...

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BrandtA.M. Update

A.M. Update – CPI Cooler Than Expected

13Dec

S&P futures are up +2.95%, they were up about +0.6% 30 minutes before the CPI report. The consumer price index...

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BrandtA.M. Update

A.M. Update

12Dec

Coming off last week’s losses, the equity futures market indicates a modestly higher open. S&P futures are up +0.25%. Still,...

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BrandtA.M. Update

A.M. Update

08Dec

S&P and NASDAQ-100 futures are up +0.55%. Weekly initial jobless claims totaled 230,000 (consensus 220,000) after a revised 226,000 count...

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BrandtA.M. Update

A.M. Update

07Dec

S&P futures are down -0.2%, off morning lows of about -0.75%. NASDAQ-100 futures are down -0.4%, off morning lows of...

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BrandtA.M. Update

A.M. Update

06Dec

S&P futures are trading unchanged, it looks like we’re getting or will get that test of yesterday’s low I mentioned...

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BrandtA.M. Update

A.M. Update

05Dec

S&P futures are down -0.6% at this point. That does nothing to recent price action, except maybe help confirm the...

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BrandtA.M. Update

A.M. Update – Payrolls Beat, Wages Rise

02Dec

S&P futures were about unchanged coming into the Payrolls report. Payrolls blew away expectations and sent S&P futures lower (-1.45%)....

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BrandtA.M. Update

A.M. Update – More Cooling Inflation Data

01Dec

S&P futures were trading about in line with fair value into the morning session before economic data hit. This price...

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BrandtA.M. Update

A.M. Update

30Nov

S&P futures are unchanged as market participants continue the wait-and-see stance ahead of Powell’s comments at 1:30 p.m. ET at the...

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BrandtA.M. Update

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