Rebel Yell Morning Market Report
Your Daily Financial Market Briefing - Giving You An Investing Edge Before Each Trading Day Begins
The Morning Market Report is dedicated to keeping you a few steps ahead of the market’s ups and downs, so you can improve your investing, and trading results. Every morning you will wake to up-to-date market data and economic analysis that will affect your investing decisions today. Your daily look ahead reports on what you should know and what is happening now in financial markets, U.S. and world economies, earning reports, sector trends, investment news, and much, much more. The Morning Market Report delivers financial investing information when you need it most, before the markets open!
Futures are positive this morning as stocks try to recover from last week's losses.
....
Read More>>
A sideways week looks to end on a positive note. Futures have risen to +8 from flat at 8:15 a.m. EDT. The bull is alive and well today.
....
Read More>>
The S&P 500 is trying to figure out whether 3000 is going to become support or resistance. Those in the Hamptons want to know if they can take the summer off.
....
Read More>>
Stocks are struggling in early action as earnings and geopolitical weighing on markets.
....
Read More>>
Lots of geopolitical issues as the biggest tech players head to the Hill for a variety of testimony.
....
Read More>>
This morning saw Citigroup (C) kick off earnings with a beat of $0.15. Tomorrow sees J.P. Morgan (JPM), Goldman Sachs (GS) and Wells Fargo (WFC) report earnings.
....
Read More>>
IEA sticks to lower global oil demand this morning as globally the economy is still struggling. The latest data point was weak Chinese export data overnight. Earnings season begins next week.
....
Read More>>
The S&P 500 is off to another positive start just like yesterday. Meanwhile, the Russell 2000 continues to struggle. Look for an article later today on this subject.
....
Read More>>
Futures are now higher by +10 from -9 on the S&P 500 on the release of Powell's comments.
....
Read More>>
Futures are struggling despite multiple deals this morning. Of note, Cisco is buying Acacia Communications.
....
Read More>>
This week is all about the Federal Reserve and the semiannual Humphrey Hawkins testimony of Federal Reserve Chairman Powell.
....
Read More>>
Job's data came in stronger than expected with 224,000 jobs. This takes down the chance for a rate cut in July.
....
Read More>>
Gold higher with silver lower with copper lower. WTI Crude Oil and Brent Oil Futures lower. Natural Gas is higher.
....
Read More>>
Today is a strong start to Q3 thanks to developments over the weekend with respect to China and the U.S. over trade.
....
Read More>>
The Democratic Party concluded two days of nightly debates with front runners Former VP Joe Biden and Senator Bernie Sanders. The media crowned Senator Kamalia Harris (D- CA) the winner.
....
Read More>>
Stocks are in rebound mode today thanks to Treasury Secretary Mnuchin talking up a trade deal. 90% chance.
....
Read More>>
Several deals led by Caesar's and six other deals.
....
Read More>>
Stocks are taking a breather today as traders head to the beach after a week of strong gains.
....
Read More>>
Recent IPO Beyond Meat (BYND) now has a market cap above 80 names in the S&P 500. These are the things that make tops.
....
Read More>>
The Federal Reserve Open Market Committee (FOMC) is out with its latest announcement at 2:00 p.m. EDT and then press conference with Federal Reserve Chairman Jerome Powell at 2:30 p.m. EDT.
....
Read More>>
U.S. futures: S&P +17, Dow Jones +143, NDX +80 and Russell 2000 +9.70 with fair values LOWER ADDING TO GAINS EX RUSSELL 2000 WHICH IS HIGHER. Asia land Europe higher.
....
Read More>>
U.S. futures: S&P +2, Dow Jones +15, NDX +12 and Russell 2000 +1.30 with fair values LOWER ADDING TO GAINS. Asia lower ex Hong Kong and Europe mixed.
....
Read More>>
U.S. futures: S&P -9, Dow Jones -51 NDX -61 and Russell 2000 -3.40 with fair values MIXED. Asia mixed and Europe lower.
....
Read More>>
U.S. futures: S&P +7, Dow Jones +74 NDX +53 and Russell 2000 +7.30 with fair values MIXED. Asia and Europe mixed.
....
Read More>>
Futures are lower this morning and protests in Hong Kong are gaining intensity. Will this flow over to markets?
....
Read More>>
The market is into its Groundhog Day pattern. This could be the sixth up day in a row. Also, we have some hot IPOs this week that should keep the animal spirits going.
....
Read More>>
U.S. futures: S&P +13.50, Dow Jones +131 NDX +45 and Russell 2000 +6 with fair values MIXED. Asia and Europe higher. Several companies are seeing shares rocket on bids for the company.
....
Read More>>
Futures on the S&P 500 rose into the Job’s number at 8:30 a.m. EDT but have given up some of those gains.
....
Read More>>
U.S. futures: S&P +7.50, Dow Jones +70 NDX +22.25 and Russell 2000 +4.6 with fair values LOWER ADDING TO GAINS. Asia mixed and Europe higher.
....
Read More>>
Futures we up +15 and are now up +8 after the ADP Payroll came in at 27,000
....
Read More>>
U.S. futures: S&P +14.50, Dow Jones +136 NDX +43 and Russell 2000 +11.60 with fair values LOWER ADDING TO GAINS. Asia mixed and Europe mixed. Can it hold?
....
Read More>>
Futures are positive this morning. Dead Cat bounce?
....
Read More>>
U.S. futures: S&P -17.50, Dow Jones -174 NDX -61 and Russell 2000 -10.60 with fair values LOWER LESSENING THE PAIN. Asia mostly lower and Europe lower.
....
Read More>>
President Trump hit China hard on Sunday stating there was no agreement with China for now. Luckily, markets forgot about this by today.
....
Read More>>
U.S. futures: S&P +15.75, Dow Jones +139 NDX +31.50 and Russell 2000 +8.90 with fair values HIGHER CUTTING INTO GAINS. Asia mixed and Europe higher.
....
Read More>>
U.S. futures: S&P -25, Dow Jones -219 NDX -89 and Russell 2000 -15.20 with fair values FLAT. Asia and Europe lower, click through for details by country.
....
Read More>>
U.S. futures: S&P -13, Dow Jones -122 NDX -44 and Russell 2000 -6.80 with fair values LOWER EX RUSSELL 2000 HELPING LOSSES.Asia and Europe mixed.
....
Read More>>
Futures on the S&P 500 are stronger this morning.
....
Read More>>
Futures on the S&P 500 rose until 8:00 p.m. EDT then trading slightly down into 4 a.m. EDT before collapsing.
....
Read More>>
U.S. futures: S&P -19.75, Dow Jones -177 NDX -65 and Russell 2000 -11.30 with fair values LOWER LESSENING THE PAIN SOMEWHAT. Asia mixed and Europe lower.
....
Read More>>
Futures on the S&P 500 flat lines until 2:00 a.m EDT and have been rising since to the morning high at 7:00 a.m EDT.
....
Read More>>
U.S. futures: S&P -13.25, Dow Jones -114 NDX -42 and Russell 2000 -8.30 with fair values LOWER LESSENING LOSSES. Asia mixed and Europe lower.
....
Read More>>
The advance/decline line had its worst day of the year on Monday. So far futures are rebounding. Will it hold? There is a ton of key news that will influence trading.
....
Read More>>
Futures are lower as China retaliated with tariffs of 25% on over 2,000 goods that will take affect June 1st.
....
Read More>>
Futures on the S&P 500 rose until 8:00 p.m. then fell 1:00 a.m. EDT before regaining a bit but still lower as we head towards the open.
....
Read More>>
Futures are struggling this week as each morning has started off weak. Deja vous all over again as Yogi Berra would say.
....
Read More>>
At 8:00 a.m. EDT futures on the S&P 500 were lower by -18 and now they are down by -6 off comments from President Trump.
....
Read More>>
U.S. futures: S&P -18, Dow Jones -151, NDX -55 and Russell 2000 -10 with fair values HIGHER ADDING TO LOSSES. Asia and Europe mixed.
....
Read More>>
U.S. futures: S&P -43.75, Dow Jones -454, NDX -144.75 and Russell 2000 -22.10 with fair values LOWER CUTTING LOSSES. Asia and Europe very weak.
....
Read More>>
April Nonfarm Payrolls are due out at 8:30 a.m. EDT and are expected to rise to 200,000 from 196,000. The unemployment rate is expected to stay at 3.8%.
....
Read More>>
Futures on the S&P 500 moved lower until 6:00 9.m. and have rallied by 15 points to +8 by 7:00 a.m. before turning down again.
....
Read More>>
Interesting Fact Of the Day: S&P 500 is off to its best start in 32 years and up 18% in its first four months, best monthly streak since December 2010.
....
Read More>>
Futures are mixed with the Dow up, S&P 500 mixed and NASDAQ 100 lower.
....
Read More>>
U.S. futures: S&P -2, Dow Jones -21, NDX -5.5 and Russell 2000 -0.10 with fair values HIGHER ADDING TO LOSSES.
....
Read More>>
Wow! Q1 GDP came in at 3.2% versus estimates of 1.9%. Giddy up!!
....
Read More>>
Former Vice President Joe Biden enters the presidential race with a lead of 8% over President Trump.
....
Read More>>
Futures on the S&P 500 moved lower until 7:00 a.m. EDT but have been moving up since.
....
Read More>>
Futures on the S&P 500 moved lower until 7:00 a.m. EDT but have been moving up since.
....
Read More>>
Futures on the S&P 500 have been moving lower since last night’s open after the long weekend.
....
Read More>>
Economic Releases. Releases of note this week and next include the weekly chain store sales, oil/gas numbers, mortgage applications and jobless claims as well as existing home sales, new home sales, durable good and Q1 GDP.
....
Read More>>
Futures on the S&P 500 have been moving higher since Tuesday’s close. There was a nice pop on China data around 10:00 p.m. EDT.
....
Read More>>
Futures on the S&P 500 have been moving higher since Tuesday’s close. There was a nice pop on China data around 10:00 p.m. EDT.
....
Read More>>
Stocks are higher this morning and have cleared 2900. We would not think about locking in gains until a break of 2900 happens.
....
Read More>>
U.S. futures: S&P -0.75, Dow Jones +10, NDX -4.75 and Russell 2000 +1.10 with fair values LOWER. Asia mixed and Europe higher. President Trump goes into attack mode on the Federal Reserve again.
....
Read More>>
Stocks are on fire as everything is working today. Let the good times roll as markets are minting money.
....
Read More>>
What’s Happening This Morning: Futures on the S&P 500 fell until 4:00 a.m. EDT and have been rising since with a range of 10 points. Couple IPOs up today as well.
....
Read More>>
There are multiple hearings today that will drive the attention of the media including Bank CEOs, Attorney General William Barr and several of the biggest social media companies.
....
Read More>>
U.S. futures: S&P -6.75, Dow Jones -60, NDX -18.75 and Russell 2000 -3.90 with fair values HIGHER ADDING TO LOSSES. Asia mixed and Europe mixed.
....
Read More>>
What’s Happening This Morning: Futures on the S&P 500 fell until 2:00 a.m. EDT and have been rising but still negative. That said , the range is rather narrow, 10 points.
....
Read More>>
Futures on the S&P 500 dropped slightly until 8:00 p.m. EDT and have been rising. That said , the range is rather narrow, 6 points. All this may and will change at 8:30 a.m. EDT when we get the new jobs data.
....
Read More>>
President Trump meets with the White House Opportunity and Revitalization Council at 11:30 a.m. EDT and then with the Chinese Vice Premier Liu at 4:30 p.m. EDT.
....
Read More>>
Futures on the S&P 500 have been rising since 8:00 p.m. EDT.
....
Read More>>
Futures on the S&P rose until 8 p.m. EDT then fell until 4:00 a.m. EDT and have been rising since to +3.
....
Read More>>
U.S. futures: S&P +19, Dow Jones +174, NDX +69 and Russell 2000 +8.80 with fair values SLIGHTLY HIGHER CUTTING INTO GAINS.
....
Read More>>
We move on to the next quarter after a very strong quarter for the major equity indexes.
....
Read More>>
U.S. futures: S&P +1, Dow Jones +12, NDX +10 and Russell 2000 -0.40 with fair values SLIGHTLY HIGHER CUTTING INTO GAINS.
....
Read More>>
Risk on day after recent struggles is a welcome relief to investors. Will it last?
....
Read More>>
Futures are off the morning lows. Can they hold remains the $64,000 question.
....
Read More>>
U.S. futures: S&P -17, Dow Jones -175.00, NDX -39 and Russell 2000 -12.40 with fair values LOWER LESSENING THE PAIN. Asia mixed and Europe lower, click through for details by country.
....
Read More>>
Futures are lower this morning as President Trump tries to play a game of chicken with the Chinese over trade.
....
Read More>>
The Federal Reserve Open Market Committee (FOMC) concludes a two day meeting with a rate announcement at 2:00 p.m. EDT and press conference at 2:30 p.m. EDT.
....
Read More>>
Futures are higher today and the Federal Reserve begins a two day meeting. Chairman Powell will hold a press conference after the announcement.
....
Read More>>
IPOs on deck This Week: Lyft and Levi Strauss will go public this week at $62 to $68 and $14 to $16. Other IPOS this week 8i Enterprises, Alight Inc, Insurance Acquisition and Up Fintech Holdings.
....
Read More>>
China closes National People’s Congress. Tech earnings after the close. Bank of Japan dovish. U.K. votes to send May back to Brussels.
....
Read More>>
Today is National Pi Day. It is also Albert Einstein’s birthday and he did not invent Pi. The Babylonians got Pi to 3.125, close, but Archimedes is credited with the first 3.14 figure.
....
Read More>>
Futures on the S&P 500 fell to 2788 by 10:45 p.m. EDT and have rallied above 2800.
....
Read More>>
Today we will get another Brexit vote in the U.K. Parliament between 2:00 and 4:00 in the U.S. Impact on stock thus far has been neutral. Will this continue?
....
Read More>>
U.S. futures: S&P +2.50, Dow Jones -188, NDX +16 and Russell 2000 -0.80 with fair values LOWER ADDING TO GAINS. Asia and Europe higher to mixed.
....
Read More>>
The S&P 500 is now lower 7 of the last 8 trading days. Today could make it 8 of 9.
....
Read More>>
The S&P 500 has been lower 6 of the last 7 trading days YET it is only lower by 21.52 S&P points less than -1% drop. (from 2793.30 to 2771.78)
....
Read More>>
President Trump wants a trade deal with China to keep the stock market rally alive. Futures are struggling today as we get set for hump day.
....
Read More>>
Futures trade flat overnight then rallied from 3:00 a.m. to 4:00 a.m. before coming back to flat for the day.
....
Read More>>
U.S. futures: S&P +8.50, Dow Jones +85, NDX +36 and Russell 2000 +2.90 with fair values LOWER ADDING TO GAINS. Asia and Europe higher.
....
Read More>>
After a couple days of sideways action stocks are on fire. Since 6 p.m. EST, stocks have been climbing in an orderly way. Looks like it is off to the races again.
....
Read More>>
The U.S. walked away from a deal with North Korea. Down the road, this will allow the U.S. to cut a better deal. This should be viewed as a plus.
....
Read More>>
Today there is Federal Reserve testimony, Michael Cohen testimony and a U.S. & North Korea mmeting. The market reaction to these events will be key.
....
Read More>>
U.S. futures: S&P -4.75, Dow Jones -86, NDX -23 and Russell 2000 -1.70 with fair values LOWER LESSENING THE PAIN. Asia and Europe lower.
....
Read More>>
President Trump extends trade talks and no tariff increases on Friday. As a result, futures are strong and China ripping as well.
....
Read More>>
U.S. futures: S&P +11, Dow Jones +114, NDX +36.75 and Russell 2000 +4.60 with fair values HIGHER CUTTING INTO OPEN Asia mixed and Europe higher (for country change click through)
....
Read More>>
U.S. futures: S&P -3.75, Dow Jones -25, NDX -3.75 and Russell 2000 -1.00 with fair values LOWER ADDING TO OPEN Asia higher and Europe mixed (for country change click through)
....
Read More>>
U.S. futures: S&P -2, Dow Jones -12, NDX +10 and Russell 2000 -2.60 with fair values HIGHER ADDING TO LOSSES. Asia higher and Europe mixed.
....
Read More>>
China Mid Level Trade Talks continue in Washington D.C. this week.
....
Read More>>
U.S. futures: S&P +8, Dow Jones +75, NDX +22and Russell 2000 +3.60 with fair values HIGHER CUTTING INTO GAINS. Asia lower and Europe higher (for country change click through)
....
Read More>>
IPOs on deck This Week: Five on deck for this week including Avedro, Cibus Global, Stealth BioTherapeutics, TCR2 Therapeutics and Virgin Trains USA LLC. Three start trading today.
....
Read More>>
U.S. futures: S&P +9.25, Dow Jones +106, NDX +37 and Russell 2000 +5.90 with fair values MIXED. Asia and Europe modestly higher.
....
Read More>>
There is a deal on the table to avoid shutdown. Will President Trump accept $1.375 billion for the wall?
....
Read More>>
U.S. futures: S&P +10.75, Dow Jones +104, NDX +38.50 and Russell 2000 +5.40 with fair values HIGHER WEAKENING THE OPEN. Asia and Europe higher.
....
Read More>>
U.S. futures: S&P -12, Dow Jones -98, NDX -48 and Russell 2000 -5.60 with fair values HIGHER WEAKENING THE OPEN. Asia mixed and Europe lower.
....
Read More>>
Suntrust (STI) and BB&T Corp (BB&T) are merging in a merger of equals. This will be the sixth largest bank in the United States.
....
Read More>>
U.S. futures: S&P +0.25, Dow Jones +15, NDX +1125 and Russell 2000 +1.10 with fair values HIGHER WEAKENING THE OPEN. Asia mostly higher with Shanghai closed and Europe mixed.
....
Read More>>
U.S. futures are positive despite the State of the Disunion Address: S&P +6, Dow Jones +96, NDX +23.75 and Russell 2000 +3.40 with fair values HIGHER LESSENING GAINS. Asia mixed with Shanghai closed and Europe higher.
....
Read More>>
U.S. futures: S&P +2, Dow Jones +18, NDX +5 and Russell 2000 +0.60 with fair values MIXED. Asia and Europe mixed.
....
Read More>>
U.S. futures: S&P -5.75, Dow Jones -15, NDX -46.25 and Russell 2000 -1.60 with fair values LOWER HELPING THE OPEN. Asia and Europe mixed.
....
Read More>>
Stocks had a big day as the Federal Reserve put rate hikes on hold for it appears the next six months.Can stocks continue to move up from here?
....
Read More>>
U.S. futures: S&P +9.75, Dow Jones +199, NDX +51.75 and Russell 2000 +3.70 with fair values LOWER ADDING TO GAIN. Asia mixed and Europe mixed.
....
Read More>>
U.S. futures: S&P +1.75, Dow Jones +45, NDX +10 and Russell 2000 -0.20 with fair values HIGHER INCREASING LOSSES. Asia mixed and Europe higher.
....
Read More>>
U.S. futures: S&P -14, Dow Jones -169, NDX -40 and Russell 2000 -7.70 with fair values SHARPLY HIGHER INCREASING LOSSES. Asia and Europe lower as well.
....
Read More>>
U.S. futures: S&P +20, Dow Jones +178, NDX +65 and Russell 2000 +10 with fair values SHARPLY HIGHER LESSENING GAINS. Asia and Europe higher.
....
Read More>>
U.S. futures: S&P -1, Dow Jones -27, NDX +20 and Russell 2000 +0 with fair values MIXED TO HIGHER LESSENING GAINS. Asia and Europe higher. Futures reverse on Wilbur Ross comments.
....
Read More>>
U.S. futures: S&P +11.50, Dow Jones +172, NDX +29 and Russell 2000 +4.90 with fair values MIXED. Asia and Europe mixed.
....
Read More>>
U.S. futures: S&P -16, Dow Jones -145, NDX -48 and Russell 2000 -8.50 with fair values LOWER HELPING LOSSES. Asia and Europe lower.
....
Read More>>
U.S. futures: S&P +11.75, Dow Jones +161, NDX +31 and Russell 2000 +6.50 with fair values HIGHER CUTTING INTO GAINS. Asia higher. Europe higher.
....
Read More>>
U.S. futures: S&P -9.75, Dow Jones -90, NDX -17.50 and Russell 2000 -5.90 with fair values HIGHER ADDING TO LOSSES. Asia lower. Europe lower.
....
Read More>>
U.S. futures: S&P +6.75, Dow Jones +94, NDX +11 and Russell 2000 +3.50 with fair values HIGHER CUTTING INTO GAINS. Asia mostly higher. Europe modestly higher this morning.
....
Read More>>
U.S. futures: S&P +1.50, Dow Jones -26, NDX +23 and Russell 2000 +2.50 with fair values HIGHER CUTTING INTO GAINS. Asia mostly higher. Europe modestly higher this morning.
....
Read More>>
U.S. futures: S&P -21.75, Dow Jones -197, NDX -68.75 and Russell 2000 –9.70 with fair values HIGHER ADDING TO LOSSES. Asia mostly lower ex the Nikkei which was higher. Europe mostly lower this morning.
....
Read More>>
U.S. futures: S&P -7.25, Dow Jones -55, NDX -25.75 and Russell 2000 –6.20 with fair values HIGHER ADDING TO LOSSES. Asia mostly higher. Europe mostly lower this morning.
....
Read More>>
All eyes and ears will be paying attention to Federal Reserve Chairman Jerome Powell who will be interviewed by Carlyle Chairman and Bloomberg Reporter David Rubenstein.
....
Read More>>
The market suddenly no longer cares about the discord in Washington D.C. It will if the government shutdown cannot end.
....
Read More>>
Futures are having another gap open. Can it hold as markets turn to focusing on President Trump's prime time speech on the government shutdown and the wall.
....
Read More>>
U.S. futures: S&P +1.50, Dow Jones +45, NDX -1.50 and Russell 2000 -1 with fair values SLIGHTLY HIGHER CUTTING INTO GAINS. Asia higher and Europe weak this morning.
....
Read More>>
Monthly Nonfarm Payrolls came out at 8:30 a.m EDT and were expected to rise to 180,000 from 155,00. The number was 312,000 which is hot!
....
Read More>>
U.S. futures: S&P – 27, Dow Jones -270 NDX -113 and Russell 2000 -12.00 with fair values HIGHER ADDING TO LOSSES. Asia lower with the Nikkei closed and Europe lower this morning.
....
Read More>>
U.S. futures: S&P – 42, Dow Jones -386 NDX -142 and Russell 2000 -18.20 with fair values HIGHER ADDING TO LOSSES. Asia lower with the Nikkei closed and Europe lower this morning. Closed Nikkei.
....
Read More>>
U.S. futures: S&P +24, Dow Jones +254 NDX +72 and Russell 2000 +11 with fair values HIGHER CUTTING INTO GAINS. Asia and Europe higher this morning. Closed Nikkei, Shanghai, Kospi, Germany.
....
Read More>>
U.S. futures: S&P +10, Dow Jones +111 NDX +18 and Russell 2000 +6 with fair values LOWER ADDING TO GAINS. Asia mixed with the Nikkei lower and Europe higher this morning.
Gold flat with silver and copper higher. WTI Crude and Brent Oil Futures higher.
....
Read More>>
Stocks are pulling back this morning losing a quick 30% of yesterday's gains. We need to see more to become more bullish. What are they? We will post shortly on that.
....
Read More>>
Stocks are set to rebound this morning from what will forever be labeled the Santa Claus Massacre initiated by one marginal president.
....
Read More>>
U.S. futures: S&P -12, Dow Jones -129, NDX -25 and Russell 2000 -7 with fair values HIGHER ADDING TO LOSSES. Asia and Europe lower with the Nikkei closed as well as the DAX for Christmas.
....
Read More>>
U.S. futures: S&P -2, Dow Jones -11, NDX -13 and Russell 2000 -1 with fair values LOWER LESSENING THE PAIN AND WITH FAIR VALUE NOW POSITIVE OPEN. Asia and Europe lower as they follow U.S. weakness on Thursday.
....
Read More>>
Futures have been all over the place since last night. There is lots of news moving stocks all over the place besides the Federal Reserve action yesterday afternoon.
....
Read More>>
Today all eyes on Wall Street will be focused on the 2:00 p.m. EDT announcement from the Federal Reserve and press conference with Chairman Jerome Powell.
....
Read More>>
U.S. futures: S&P +17, Dow Jones +152, NDX +52 and Russell 2000 +8.50 with fair values LOWER HELPING GAINS. Asia higher and Europe mixed to higher.
....
Read More>>
U.S. futures: S&P -5.75, Dow Jones -84, NDX -13.25 and Russell 2000 -2.50 with fair values LOWER LIMITING LOSSES. Asia higher and Europe lower.
....
Read More>>
U.S. futures: S&P -22, Dow Jones -169 NDX -66 and Russell 2000 -11 . Asia and Europe lower.
....
Read More>>
The ECB announced this morning that they are ending stimulus. What are the economic risks for this action?
....
Read More>>
Futures are strong this morning. Will it hold? Will Trump go off the rails again?
....
Read More>>
U.S. futures: S&P +17, Dow Jones +182, NDX +60 and Russell 2000 +8 with fair values LOWER ADDING TO GAINS. Asia lower to mixed and Europe higher. At 7:12 a.m. EDT.
....
Read More>>
U.S. futures: S&P -11, Dow Jones -112, NDX -33 and Russell 2000 -5 with fair values HIGHER EXTENDING LOSSES. Asia mixed and Europe higher.
....
Read More>>
U.S. futures: S&P -36, Dow Jones -366, NDX -113 and Russell 2000 -16 with fair values LOWER HELPING LOSSSES. Asia and Europe lower. 8:35 a.m. EDT
....
Read More>>
U.S. futures: S&P -11, Dow Jones -120, NDX -39 and Russell 2000 -4 with fair values HIGHER CUTTING INTO GAINS. Asia and Europe lower.
....
Read More>>
U.S. futures: S&P +39.50, Dow Jones +438, NDX +154.50 and Russell 2000 +17.30 with fair values HIGHER CUTTING INTO GAINS. Asia and Europe higher.
....
Read More>>
U.S. futures: S&P -11.50, Dow Jones -129, NDX -28.50 and Russell 2000 -7.50 with fair values LOWER CUTTING INTO LOSSES. Asia and Europe lower. All eyes on G-20 this weekend.
....
Read More>>
President Trump takes off today to attend the G-20 meeting. The big event is a Saturday night dinner with President Xi of China. Can we move beyond trade in 2019?
....
Read More>>
U.S. futures: S&P +11 Dow Jones +121 NDX +35 and Russell 2000 +7 with fair values LOWER. Asia and Europe higher.
....
Read More>>
Yesterday companies came to the well and announced they were selling share. Of note was Canadian Goose (GOOS). Expect lots of secondaries over the next few weeks.
....
Read More>>
U.S. futures: S&P +31.50, Dow Jones +266, NDX +104.50 and Russell 2000 +16 with fair values HIGHER CUTTING INTO GAINS. Asia and Europe higher.
....
Read More>>
U.S. futures: S&P -12, Dow Jones -114, NDX -34 and Russell 2000 -10 with fair values HIGHER EXTENDING LOSSES. Asia lower ex Japan which was closed and Europe higher.
....
Read More>>
U.S. futures: S&P -24, Dow Jones -203, NDX -113 and Russell 2000 -13 with fair values LOWER LESSENING THE PAIN. Asia lower and Europe lower.
....
Read More>>
U.S. futures: S&P -10, Dow Jones -87, NDX -27 and Russell 2000 -7 with fair values LOWER LESSENING THE PAIN. Asia higher and Europe MIXED.
....
Read More>>
Commerce Secretary Wilbur Ross noted overnight that a trade deal with China is going to be a long deal and the U.S. might keep tariffs in place.
....
Read More>>
This morning Britain trying to figure out the implications of the Brexit decisions. Watch for stocks to continue their volatility.
....
Read More>>
Driven largely by gas prices U.S. consumer prices grew in October at the fastest rate since January 1, 2018
....
Read More>>
Stocks are modestly higher as we begin the second day of the week. Yesterday was a struggle. Can we have a turnaround Tuesday?
....
Read More>>
Holy cow. There are multiple merger announcements this morning. SAP took out Qualtrics which was going public this week.
....
Read More>>
There is no follow through from Wednesday's pop. Yesterday saw the S&P 500 close lower. This morning futures are ugly.
....
Read More>>
Federal Reserve Open Market Committee (FOMC) to announce latest interest rate update at 2:00 p.m.. No change expected. Last meeting without a press conference.
....
Read More>>
The Mid Terms have come and gone. The results are expected. The Democrats took back the House. The Republicans kept control of the Senate. Next event of importance is tomorrow's Federal Reserve announcement.
....
Read More>>
Today is all about the Mid Terms. We have lots of coverage on it today. Enjoy the coverage in the Rags & Mags section.
....
Read More>>
The, Russell 2000, NASDAQ 100, S&P 100 and the Dow Jones Industrial Average were higher for the week.
....
Read More>>
This morning we got a very strong jobs number, 250,000. Watch to see the impact on bonds. Also, we now hyperlink our news story in the briefing.
....
Read More>>
Expect stocks to settle into a range after the easy gains off the lows. Investors will be in wait and see mode on how the mid terms play out. Also, Apple earnings will be out at the close.
....
Read More>>
It looks like the market is handing investors a treat but could it be a trick by the close?
....
Read More>>
U.S. futures: S&P +17 Dow Jones +116, NDX +14 and Russell 2000 +2.50 with fair values LOWER helping open. Asia higher and Europe lower at 8:10 a.m. EDT.
....
Read More>>
The Russell 2000, NASDAQ 100, S&P 100 and the Dow Jones Industrial Average were lower for the week. Geopolitical Events. Wednesday the Bank of Japan (BOJ) announces its latest interest rate decision. Thursday the Bank of England (BOE) announces its latest interest rate decision.
....
Read More>>
Q3 GDP out at 8:30 a.m. EDT and came in at 3.5% versus consensus of 3.3%.
....
Read More>>
Stocks are higher this morning as they attempt to rebound from the third biggest selloff of the year. A good start so far but it is a long day ahead. The Euro is selling off post the ECB latest announcement and press conference.
....
Read More>>
U.S. futures: S&P -3 Dow Jones +73, NDX +2 and Russell 2000 -1.50 with fair values LOWER helping open. Asia lower and Europe higher.
....
Read More>>
Year to date there are still 59% of stocks lower for the year. The strong that existed at the end of August is gone. What will bring the carnage to an end? There are multiple answers including trade resolution, Federal Reserve improved guidance and continued earnings and economic strength.
....
Read More>>
This is a big week for earnings as many of the largest companies in the S&P 500 and NASDAQ 100 will report earnings.
....
Read More>>
IPOs on deck LogicBio Therapeutics (LOGC) NIU Technologies (NIU) SolawWinds (SWI). Secondaries of note AKTS INAP KRYS.
....
Read More>>
Can I buy stocks? Despite the Tuesday pop there is no clear buy signal emerging. So we need to remain sitting on our hands and wait for more signs that we are at the low as opposed to a low.
....
Read More>>
Yesterday we wrote about 2% moves and the conclusion is they only happen in corrective action. Make sure to read the review. More to point, the S&P 500 has been unable to rally for two days in a row since September 20th.
....
Read More>>
Aaron Rodgers led another fourth quarter comeback for the Green Bay Packers. Very impressive and it leads us to compare Rodgers to the stock market in that he/the market refuse to break.
....
Read More>>
10% of the S&P 500 will report earnings this week. Bank America (BAC), Harris Corp (HRS) and L3 (LLL) all beat earnings estimates this morning.
....
Read More>>
U.S. futures: S&P +29 Dow Jones +251, NDX +108 and Russell 2000 +15 with fair values LOWER helping open. Asia and Europe bouncing as well.
....
Read More>>
U.S. futures: S&P -20 Dow Jones -206, NDX -46 and Russell 2000 -10.40 with fair values higher increasing the pain. Asia and Europe significantly lower as well.
....
Read More>>
Today sees several Fed heads speak. The first is up at 10:30 a.m. EDT and the last is 7:15 p.m. EDT. Key will be to see if there is any walk back of "far from neutral policy".
....
Read More>>
U.S. futures: S&P -18 Dow Jones -153, NDX -50 and Russell 2000 -9.30 with fair values lower helping to lessen the pain. Asia weaker and Europe lower as well.
....
Read More>>
Releases of note this week and next include the weekly chain store sales, oil/gas numbers, mortgage applications and jobless claims as well as NFIB Small Business Optimism Index, PPI, CPI and University of Michigan Sentiment Index.
....
Read More>>
September Nonfarm Payrolls was out at 8:30 a.m. EDT and expected to 134,000 from 184,000. However, the ADP Payroll Number came in hot at 235,000.
....
Read More>>
U.S. futures: S&P -10 Dow Jones -82, NDX -39 and Russell 2000 -9 with fair values lower helping to lessen the pain. Asia weaker with Europe mixed.
The top news story for today is China spying on the U.S.
....
Read More>>
There is a ton of Fedspeak that could upend markets today. Pay attention to the times that markets could be impacted.
....
Read More>>
This morning CNBC interviewed one of the top money managers in the world Ron Baron. He is a large holder of Tesla and thinks that the stock could get to $1 trillion in market cap by 2030.
....
Read More>>
Releases of note this week and next include the weekly chain store sales, oil/gas numbers, mortgage applications and jobless claims as well as construction spending, ISM Manufacturing Index, ADP Employment Report, ISM Services, factory orders and the nonfarm payrolls along with the unemployment rate.
....
Read More>>
U.S. futures: S&P -9.25 Dow Jones -101, NDX -31.25 and Russell 2000 -6.70 with fair values flat. Asia higher and Europe lower.
....
Read More>>
U.S. futures: S&P +3 Dow Jones +17, NDX +22 and Russell 2000 +2.10 with fair values flat. Asia higher and Europe lower.
....
Read More>>
The FOMC will announcement today at 2:00 p.m. EDT that they are going to raise interest rates. It will be the third increase of the year. One more is expected in December. Key will be guidance about next year.
....
Read More>>
This morning President Trump address the United Nations. Key topics will be North Korea, Iran and trade. Watch the Treasury Auction at 1:00 p.m. EDT.
....
Read More>>
Economic Releases. Releases of note this week include the weekly chain store sales, oil/gas numbers, mortgage applications and jobless claims as well as consumer confidence, new home sales ...
....
Read More>>
U.S. futures: S&P -1 Dow Jones +25, NDX -1 and Russell 2000 -1 with fair values lower creating gains. Asia mixed and Europe mixed. British remain tough on Brexit.
....
Read More>>
Michael Hartnett, chief investment strategist at Bank of America Merrill Lynch, is a must read and a must follow if you can get his research. One of our readers introduced me to Hartnett's writing several years ago and I am better investor because of it. Why?
....
Read More>>
Is the Chinese economy in trouble? I am shocked that the number two leader in China, Chinese Premier Li Keqiang, who spoke this morning at the opening of a World Economic Forum conference in Tianjin, China indicated that possible future.
....
Read More>>
The yield on the 10 year treasury has moved back to 3.00%. Will it stop there or are we finally going to move to a new yield high? The recent high on yield happened in May at 3.11%.
....
Read More>>
On Monday's we highlight the week ahead as investors need to understand what can impact trading. The biggest catalyst this week will be the pending tariffs on China that the president has indicated will be enacted this week.
....
Read More>>
Have a great weekend as the last week of summer is upon us. Remember on Friday's we only produce The Daily Briefing section of Rebel Yell. Over the weekend, look for Weekend Reads.
....
Read More>>
The dollar via Powershares DB U.S. Dollar Index Bullish ETF (UUP) peaked in August and looks ready to made start a corrective period. In our weekly chart review in Superstock Investor, we noticed this potential.
....
Read More>>
PPI Came in light with a drop of -0.1% and the estimate was 0.2%. So the Producer Price Index shows no inflation fears. Remember we want to pay attention to PPI and CPI, tomorrow, to get a handle if ...
....
Read More>>
Today is 9/11. Spend a few minutes watching the ceremonies on the networks. This is an important part of our history. As a New Yorker during the event, it impacted me greatly. I will never forget.
....
Read More>>
The lead event for today is AT&T (T) and their long awaited investor conference to provide clues on the integration with Time Warner. AT&T now pays a dividend of 6% and the stock price has gone lower since the acquisition which makes zero sense.
....
Read More>>
August Nonfarm Payrolls is due out at 8:30 a.m. EDT and is expected to rise to 187,000 from 157,000. The unemployment rate is expected to stay at 3.9%.
....
Read More>>
U.S. futures: S&P +1, Dow Jones +26, NDX +2.25 and Russell 2000 +0.70 with fair values lower reducing losses. Asia and Europe up slightly.
....
Read More>>
U.S. futures: S&P -7, Dow Jones -82, NDX -24.50 and Russell 2000 -3.30 with fair values lower reducing losses. Asia and Europe lower.
....
Read More>>
Traders return from summer vacations en masse today and we will have a myriad of issues facing markets in the the first week back.
....
Read More>>
We are doing a brief Rebel Yell this morning as we get ready for Labor Day weekend. Remember on Fridays in summer there is no Daily Briefing rather just some commentary. That will end next week as the Daily Briefing will be out Tuesday through Friday with Monday being The Week Ahead.
....
Read More>>
Gold continues to struggle. Tuesday it failed to move above $115 on GLD. Moreover, the Erlanger Volume Swing (EVS) failed to cross above 0 and began a move lower which is never a good sign.
....
Read More>>
Expect a pullback in short order as the S&P 500 is officially overbought. The other times we were this overbought included July, May and January. In each instance, there was downside action.
....
Read More>>
This is a rather slow news week as well head into Labor Day weekend. Next week will kick of business travel as well a ton of sellside conferences before third quarter earnings start in October. Also, of note August 29th is the deadline that Robert Mueller has put forth to move against the President if he is going to act before the mid term elections in November.
....
Read More>>
Federal Reserve Chairman Jerome Powell will be speaking at the Federal Reserve Kansas City District's Jackson Hole Symposium. Speech time is 10:00 a.m. EDT. This is the must-attend event of the year for central bankers.
....
Read More>>
My quick comment is the S&P 500 is trying and I repeat trying to clear the January high. The Russell 2000 and the S&P 400 have done so but the S&P 500, S&P 100 and Dow Jones Industrial Average have yet to do so.
....
Read More>>
Today at 2:00 p.m. EDT we get the latest minutes from the Federal Reserve Open Market Committee (FOMC) meeting held in July. Watch to see if the wording has changed to reflect any slowing of rate increases.
....
Read More>>
This morning we see that Swiss watch sales are being hurt by tariffs. Also, we see that New York City luxury apartment sales have seen prices drop by 31% as the luxury market is being hit by tariffs.
....
Read More>>
On Mondays in Rebel Yell, we lay out the week ahead. Without a doubt the most important event of the week is the Jackson Hole Symposium that we wrote about last night. Also, on Thursday in front of Jackson Hole the European Central Bank (ECB) will lay out its latest interest rate policy update.
....
Read More>>
The current environment is one where the stock picker is flourishing. As an example, Walmart (WMT) is higher by 10% this morning and JC Penney (JCP) is lower by -22%. So Walmart is killing it while J.C. Penney is dead on the vine. Yesterday, Macy's (M) fell -14%.
....
Read More>>
Retail sales are out this morning for July and they ripped higher. The estimate was for growth of 0.1% and the sales grew at 0.5%. Earlier this week, Home Depot (HD) beat estimates.
....
Read More>>
Home Depot (HD) beat estimates by $0.20 and beat on revenues as well. The company raised guidance for the third quarter. This is typical of earnings reports in July and August.
....
Read More>>
Yesterday we sent out The Week Ahead on Sunday. Going forward, it will go out then. On Mondays, we will put a summary of our weekend reading.
....
Read More>>
The Turkish Lira hits a new low this morning as the U.S. Dollar continues to rise. The Lira is off by 11% this morning as its President President Recep Tayyip Erdogan states that the U.S. might have Dollars but we have Allah.
....
Read More>>
Bloomberg report this morning that Russian market hurt by recent U.S. sanctions. China is feeling the heat within country over challenging the U.S. on tariffs
....
Read More>>
Gold, silver and copper mixed. WTI Crude and Brent Oil Futures lower. Natural Gas is lower. $ is lower vs Euro, lower vs. Pound and higher vs. Yen. US 10 year Treasury price 119.44 with yields higher since yesterday.
....
Read More>>
President Trump is on vacation. Usually summer presidential vacations are a good time for markets because Congress is also on vacation. However, this president even when he is on vacation seems to not be on vacation.
....
Read More>>
Geopolitical Issues: Monday sees U.S. sanctions against Iran go into effect. Wednesday sees Federal Reserve Richmond President Tom Barkin speak.
....
Read More>>
Well the latest jobs report is out and it was a disappointment. The actual number was 157,000. The estimate was 190,000. The number in July was 248,000. So this number is all over the place.
....
Read More>>
U.S. futures: S&P -15.25, Dow Jones -154, NDX -54.25 and Russell 2000 -8 with fair values flat. Asia and Europe lower on trade worries that refuse to disappear.
....
Read More>>
Today sees the Federal Reserve announce their latest interest rate decision. Odds are they will not raise and leave the next raise for the September meeting. However, Bloomberg is reporting that they may slow the rate increases from this point onward.
....
Read More>>
This morning we look at iShares S&P Growth Allocation Fund ETF (AOR). This chart has been a struggle all year and keeps me awake at night.
....
Read More>>
U.S. futures: S&P -4.50, Dow Jones -52, NDX -56 and Russell 2000 -0.30 with fair values flat. Asia lower and Europe higher.
Gold and silver lower with copper higher. WTI Crude and Brent Oil Futures mixed. Natural Gas is higher.
....
Read More>>
This morning auto stocks are struggling as the cost of materials is hitting them. Fiat Chrysler (FCAU) missed estimates by $-0.22 with earnings of $0.62. This was lower than a year ago at $0.69. General Motors (GM) also lowered guidance. Ironic that autos are at the front of the tariff issue just as they get hit on the cost of goods sold side.
....
Read More>>
Tomorrow sees the European Union led by Jean-Claue Juncker and Trade Chief Cecilia Malmstrom visit The White House to discuss trade and specifically auto tariffs with President Trump.
....
Read More>>
Yesterday I updated the returns across stocks, bonds, commodities, currencies, foreign markets and U.S. sectors. What was a surprise is that for July only China was lower in the major foreign markets.
....
Read More>>
The dollar continue to move higher and is causing most commodities to fall in price. We initiated a put trade yesterday around this theme in Gold & Energy Options Trader yesterday to capitalize on this theme.
....
Read More>>
Federal Reserve Chairman Powell moves on to the House in his second day of Humphrey Hawkins testimony.
....
Read More>>
Tuesday through Friday in Superstock Investor we produce a morning note of what is happening. We know this is the best primer for the day that you can find and now we are sharing it with our eZine readers.
....
Read More>>
This is the inaugural issue of the Rebel Yell Morning Market Report. The goal of this report is to give you an edge as we enter the trading day. We hope you enjoy!!
....
Read More>>
