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Category: A.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

A.M. Update

29Nov

S&P futures have had a choppy overnight session, up +0.3% an hour go, then down -0.1% a few minutes ago,...

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BrandtA.M. Update

A.M. Update

28Nov

S&P futures are down -0.7%. The negative tone in the equity futures is being fed reportedly by concerns over protests...

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BrandtA.M. Update

A.M. Update

25Nov

I hope everyone who celebrated Thanksgiving, had a great holiday. We come back to S&P futures that are virtually unchanged...

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BrandtA.M. Update

A.M. Update

23Nov

S&P futures re down -0.1% at $4006, very little movement awaiting the FOMC Minutes this afternoon. Deere’s (DE) had  a...

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BrandtA.M. Update

A.M. Update

22Nov

S&P futures are up +0.5% as the 10-year yield is down 3 basis points. Mike Wilson, Chief Investment Officer at...

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BrandtA.M. Update

A.M. Update

21Nov

S&P futures are down -0.35% and off overnight lows. Yields were higher this morning, but have since given it all...

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BrandtA.M. Update

A.M. Update

18Nov

S&P futures are up +0.9% and NASDAQ-100 futures are up +1%  on this options expiration day. We should either see...

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BrandtA.M. Update

A.M. Update

17Nov

S&P futures are down -1.25%. Some hawkish Fed speak is largely behind this morning’s weak price action. St. Louis Fed...

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BrandtA.M. Update

A.M. Update – PPI Misses Dovishly

15Nov

S&P futures were trading above $4,000 as the Dollar and yields came down, but really jumped on another inflation report...

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BrandtA.M. Update

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