DJIA Futures: -57 (-0.2%) SPX Futures: -2 (-0.04%) NASDAQ Futures: +5 (+0.04% Good morning friends! Futures are mixed as traders digest hawkish comments from a key Fed official and Walmart’s strong earnings. Let’s get right to it! Dallas Fed President Does Not Support Pause Dallas Fed President Lorie Logan does not believe current data supports […]
Continue Reading -->Don’t miss my free Q&A event with pro trader Dan Darrow after the market close today. Register now! DJIA Futures: +139 (+0.4%) SPX Futures: +15 (+0.4%) NASDAQ Futures: +29 (+0.2%) Good morning friends! Futures are higher amid hopes for a debt ceiling deal. Let’s get right to it! Debt Ceiling Talks Make Progress House Speaker […]
Continue Reading -->DJIA Futures: -90 (-0.3%) SPX Futures: -9 (-0.2%) NASDAQ Futures: -21 (-0.2%) Good morning friends! Futures are falling after disappointing results from Home Depot prompt worries about the consumer. Let’s get right to it! Home Depot Drops On Revenue Miss, Lower Outlook Home Depot (HD) shares are falling 2.5% ahead of the open after missing […]
Continue Reading -->DJIA Futures: +58 (+0.2%) SPX Futures: +9 (+0.2%) NASDAQ Futures: +30 (0.2%) Good morning friends! Futures are higher amid optimism over debt ceiling talks. Let’s get right to it! Debt Ceiling Negotiations Continue President Biden is expected to meet on Tuesday with the big four Congressional leaders about the debt ceiling. Sources say there were […]
Continue Reading -->DJIA Futures: +124 (+0.4%) SPX Futures: +14 (+0.3%) NASDAQ Futures: +26 (+0.2%) Good morning friends! Futures are higher as regional bank stocks attempt to rebound. Let’s get right to it! Debt Ceiling Meeting Delayed A meeting on the debt ceiling originally slated for today has been pushed to early next week. President Biden was set […]
Continue Reading -->DJIA Futures: -128 (0.4%) SPX Futures: -3 (-0.1%) NASDAQ Futures: +33 (+0.3%) Good morning friends! Futures are mixed as traders digest more inflation data, jobs data, and earnings. Let’s get right to it! Wholesale Inflation Eases U.S. wholesale inflation pressures cooled more than expected in April, in a sign that consumer prices will continue to […]
Continue Reading -->DJIA Futures: +144 (+0.4%) SPX Futures: +29 (+0.7%) NASDAQ Futures: +103 (+0.8%) Good morning friends! Futures are jumping after a better-than-expected inflation report. Let’s get right to it! CPI Cools More Than Expected U.S. inflation pressures cooled more than expected in April. The Bureau of Labor Statistics’ consumer price index rose 0.4% monthly and 4.9% […]
Continue Reading -->DJIA Futures: -83 (-0.2%) SPX Futures: -16 (-0.4%) NASDAQ Futures: -74 (-0.6%) Good morning friends! Futures are falling as traders digest the latest earnings ahead of key inflation data on Wednesday. Let’s get right to it! PayPal Slips Despite Earnings Beat PayPal (PYPL) shares are down 6.9% in premarket trade despite beating Q1 expectations on […]
Continue Reading -->DJIA Futures: +82 (+0.2%) SPX Futures: +6 (+0.1%) NASDAQ Futures: -22 (-0.2%) Good morning friends! Futures are mixed as bank stocks extend Friday’s rally and traders look ahead to inflation data this week. Let’s get right to it! Regional Banks Extend Rebound Regional bank stocks are rallying again today after bouncing back on Friday. PacWest […]
Continue Reading -->DJIA Futures: +221 (+0.7%) SPX Futures: +33 (+0.8%) NASDAQ Futures: +87 (+0.7%) Good morning friends! Futures are higher as traders digest a hot jobs report and key earnings. Let’s get right to it! Hot Labor Market The U.S. economy added far more jobs than expected in April. The Labor Department reported a gain of 253,000 […]
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