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!

The Daily Briefing For January 20th

The Daily Briefing For January 20th "Can A Rally Stick Now?"

  • Geoff Garbacz | January 20, 2022
Asia saw China lower and Japan higher. China cut its one year and five year loan prime rates. Europe is struggling as Germany’s PPI rose at 5% crushing expectations of 0.8%. S&P 500 Futures hit a low around 6:30 p.m. EST  at 4514 and have been climbing since to where they are now up to 4550 and at +20 at 7:00 a.m. EST. ....
The Daily Briefing For January 19th: Stocks Rebounding, S&P 500 +22

The Daily Briefing For January 19th: Stocks Rebounding, S&P 500 +22

  • Geoff Garbacz | January 19, 2022
Stocks have stabilized this morning on better earnings from several U.S. companies. Asia was weak while Europe has moved between positive and negative and is now positive. S&P 500 fell overnight to a low of 4535 around 2:30 a.m. EST and now are back at 4584 up +22 points at 8:35 a.m. EST. ....
The Daily Briefing: Yields Pop, Stocks Drop

The Daily Briefing: Yields Pop, Stocks Drop

  • Geoff Garbacz | January 18, 2022
Maybe we should have another off day? Stocks are weak as yields on the 10 year are at 1.82% this morning. S&P 500 Futures are off their lows at 4:00 a.m. EST at 4590 but are still down -48.75 at 4606.  Asia is mixed while Europe is lower. ....
The Daily Briefing For January 13th: Stocks Higher

The Daily Briefing For January 13th: Stocks Higher

  • Geoff Garbacz | January 13, 2022
Stocks are higher this morning in the U.S. but not by much. Overseas markets are mixed this morning. China is contemplating more lockdowns into the Olympics. Semis and Autos are strong this morning in Europe. S&P 500 Futures saw a low at 4702 around 8:30 p.m. EST and then based there until 2:30 a.m. EST before rallying to 4720 at 7:45 a.m. EST. ....
The Daily Briefing For January 10th: Stocks Start Week Lower

The Daily Briefing For January 10th: Stocks Start Week Lower

  • Geoff Garbacz | January 10, 2022
Stocks are modestly lower in the U.S. and mixed overseas. Asia saw China higher and Japan was closed for a holiday. Mixed in European trading. S&P 500 Futures traded down to 4650 at 7:00 p.m. EST before rallying to 4682 at 2:00 a.m. EST before dropping to 4660.25 down -7.50 at 7:20 a.m. EST. Since then, futures have continued to drop to where the S&P 500 is now down -29 points. ....
The Daily Briefing For January 7th: The Big Whiff

The Daily Briefing For January 7th: The Big Whiff

  • Geoff Garbacz | January 7, 2022
Stocks are modestly lower in the U.S. and mixed overseas. Asia is mixed and lower in European trading. S&P 500 Futures traded down to 4680 at 4:00 a.m. EST and were at 4700 around 7:00 a.m. EST, higher by 10 S&P points. Now post Jobs Data are -6. ....
The Daily Briefing For January 3rd: S&P 500 Higher By +26

The Daily Briefing For January 3rd: S&P 500 Higher By +26

  • Geoff Garbacz | January 3, 2022
2021 closed out at 4766.18 and last night futures on the S&P 500 opened at 4772 and now are at 4789.75 at 7:10 a.m. EST. Asia and Europe are mixed this morning. Omicron studies out since Friday continue to show the virus is milder than other Covid viruses with lower hospitalization rates but more cases. ....
The Daily Briefing For December 31st: Stocks Mixed Into Year End

The Daily Briefing For December 31st: Stocks Mixed Into Year End

  • Geoff Garbacz | December 31, 2021
It looks like Santa Claus caught the train and headed for the coast. Stocks are weak in the U.S. as yesterday’s late afternoon selloff continues this morning. China was higher leading Asian markets while Japan was closed for a holiday. Europe is trading now and is mixed. S&P 500 Futures peaked at 6:00 p.m. EST around 4775 and the low came at 4750 at 7:30 p.m. EST. At 8:30 a.m. EST the Futures are at 4766. ....
The Daily Briefing For December 29th: Futures Mixed

The Daily Briefing For December 29th: Futures Mixed

  • Geoff Garbacz | December 29, 2021
Stocks are trading mixed today. Only the FTSE is up strong as it came back from two days of holiday gaining +1%. Asia was lower overnight. The S&P 500 is in a narrow overnight range with a low of 4776 and a high of 4790 and at 7:20 a.m. EST is up +2 and 4780. ....
The Daily Briefing For December 28th: Stocks Higher For A Fifth Day

The Daily Briefing For December 28th: Stocks Higher For A Fifth Day

  • Geoff Garbacz | December 28, 2021
The CDC decision to reduce quarantine to 5 from 10 days is seen as a plus in getting back to normal. Asia rose on all fronts. Europe is up in trading. The S&P 500 traded around 4780 until 2:45 a.m. EST when it rallied up to 4797 at 4:45 a.m. EST and now sits at 4794 at 7:25 a.m. EST. ....
The Daily Briefing For December 22nd: Stocks Mixed For Open

The Daily Briefing For December 22nd: Stocks Mixed For Open

  • Geoff Garbacz | December 22, 2021
It is a quiet morning with stocks mixed globally. The S&P 500 closed at 4638 and is now at 4644. The low overnight was 4622 so a pretty narrow range and we are on the highs at 7:30 a.m. EST. Asia was higher ex Shanghai that sold off by -0.07%. Europe is modestly higher. ....
The Daily Briefing For December 21st: Futures On The Rebound

The Daily Briefing For December 21st: Futures On The Rebound

  • Geoff Garbacz | December 21, 2021
Stocks began to rebound on news from Japan that Omicron is not as deadly as perceived. Overnight President Biden announced that 500 million test kits will be sent to American homes and military doctors will be sent to hospitals to help out. S&P 500 began the overnight session at 4550 and are at 4602.50 at 7:20 a.m. EST up +44 or 0.97%. Europe and Asia are in rebound mode as well. ....
The Daily Briefing For December 20th: Stocks Getting Hit On Omicron Fears

The Daily Briefing For December 20th: Stocks Getting Hit On Omicron Fears

  • Geoff Garbacz | December 20, 2021
Stocks are getting hit on fears of Omicron and lockdowns as well as Senator Joe Manchin (D-WV) effectively killing Build Back Better for now. In China, the PBOC cut rates for the first time in 20 months. Europe is lower on lockdown measures with Crude Oil back to $68. The S&P 500 futures bottomed at 4525 and are now 4565 up 40 points of the low at 7:20 a.m. EST. ....
The Daily Briefing For December 17th: Stocks Lower. Gold Higher

The Daily Briefing For December 17th: Stocks Lower. Gold Higher

  • Geoff Garbacz | December 17, 2021
Markets are being hit over Omicron concerns. China and Japan dropped more than -1%. Europe is mixed as the FTSE is higher which is interesting as U.K. is more impacted by Omicron. S&P 500 traded down to 4635 and is now at is at 4644 at 7:20 a.m. EST. The high was 4668. ....
The Daily Briefing For December 16th: Rally Mode

The Daily Briefing For December 16th: Rally Mode

  • Geoff Garbacz | December 16, 2021
The sun came out yesterday by the close due to a positive reaction to the FOMC announcement and press conference. Overseas markets are higher with China and Japan rising nicely. Europe is higher as well. The S&P 500 overnight range is 4680 to 4740. At 7:20 a.m. EST the S&P 500 is at 4733 up by 33 point or 0.71%. ....
The Daily Briefing For December 15th: FOMC Today

The Daily Briefing For December 15th: FOMC Today

  • Geoff Garbacz | December 15, 2021
Stocks are mixed into the FOMC announcement at 2:00 p.m. EST. The overnight S&P 50o range was 18 and we are currently at in the middle at 4630 at 7:35 a.m. EST. China put up slower than expected Retail Sales and slower price increases in Housing. However, Industrial Production was better. In Europe, U.K. November CPI rose 5.1% beating expectations of 4.7%, inflation is global. ....
The Daily Briefing For December 14th: Stocks Struggling Out of the Gate

The Daily Briefing For December 14th: Stocks Struggling Out of the Gate

  • Geoff Garbacz | December 14, 2021
The bid has yet to come back to stocks this morning. The S&P 500 is lower by -7.25 at 7:20 a.m. this morning. Stocks rallied until 4:00 a.m. EST and then pulled back hitting a low at 4640 before rallying to 4651. Asia was lower as China’s Zhejiang province shutting down business operations due to rising Covid-19 cases. Europe actually started out stronger before moving back to neutral with only the FTSE seeing strength on a falling jobless rate. ....
The Daily Briefing For December 10th: Futures Mixed Into CPI

The Daily Briefing For December 10th: Futures Mixed Into CPI

  • Geoff Garbacz | December 10, 2021
S&P 500 Futures were flat until about 1:00 a.m. EST but have been in rally mode since and are now up to 4677 which is a gain of +17 net +10 with Fair Value which is rather large at 7:20 a.m. EST.  Asian markets were mixed and Europe was a struggle heading into the weekend. UK GDP came in at 0.1% against 0.6% estimate. ....
The Daily Briefing For December 7th

The Daily Briefing For December 7th

  • Geoff Garbacz | December 7, 2021
Markets are acting like Omicron is no longer a risk to society. As such, the bounce off Friday’s low continues. In China, the PBOC reduced the reserve requirement for banks. On the other side of concern over Omicron, France shut down nightclubs into the end of the year. at 7:20 a.m. EST the S&P 500 is up +60 or 1.31% and near its morning high at 4650. ....
The Daily Briefing For The First Day of December: Stocks Higher

The Daily Briefing For The First Day of December: Stocks Higher

  • Geoff Garbacz | December 1, 2021
Asia and Europe rebounded despite a lack of positive news. Seems simply a case of a dead cat bounce or first day of trading in a new month after  a nasty selloff.  The S&P 500 is back to where it began to selloff heavily yesterday at 10:50 a.m. EST at 8:55 a.m. EST at 4624. ....
The Daily Briefing For November 17th: Lots Of Fed Speak

The Daily Briefing For November 17th: Lots Of Fed Speak

  • Geoff Garbacz | November 17, 2021
Another quiet session overnight. China was up 0.4% while Japan fell -0.4%. Europe is pretty quiet as well but the FTSE is lower as the UK reported a hot inflation number with CPI coming in at 3.4%. S&P 500 is down -1 with an overnight range of 10 points. ....
The Daily Briefing For November 9th: Stocks Mixed

The Daily Briefing For November 9th: Stocks Mixed

  • Geoff Garbacz | November 9, 2021
Stocks appear to be running out of steam with one of the most impressive runs in recent memory. Looks like Federal Reserve Chairman Powell could be out replaced by Senator Elizabeth Warren's personal choice. ....
The Week Ahead For October 18th to 22nd

The Week Ahead For October 18th to 22nd

  • Geoff Garbacz | October 17, 2021
Geopolitical and Fiscal Events. The games continue in Washington D.C. as the House, Senate and President try to hammer out a long-term debt ceiling level, Infrastructure Bill and Budget Reconciliation Bill in the next couple of weeks. Federal Reserve Beige Book is out on Wednesday. ....
The Daily Briefing For July 1st: Tough Talk From China

The Daily Briefing For July 1st: Tough Talk From China

  • Geoff Garbacz | July 1, 2021
IPOs Priced or News: Aligos Therapeutics (ALGS) priced at $19 a share. Acumen Pharmaceuticals (ABOS )priced at $16 high end of range of $14 to $16. EverCommerce (XMTR) priced at $17 a share mid range $16 to $18 a share range. Hepsiburada (LZ) priced at $12 a share mid point of $12 to $14 range. Torrid (CURV) priced at $21 a share at high end of range of $18 to $21. ....
The Daily Briefing For April 14th: Futures Mixed

The Daily Briefing For April 14th: Futures Mixed

  • Geoff Garbacz | April 14, 2021
Gold lower with silver and copper higher. WTI Crude Oil and Brent Oil Futures higher. Natural Gas is higher. $ is lower vs Euro, lower vs Pound and lower vs Yen. US 10 year Treasury price is at $132.02 from $131.70  with the yield at 1.63% from 1.673%.  Bitcoin $ 64209.50 this morning up $1333 and +2.12%. ....
The Daily Briefing For March 22nd: Futures Up Modestly

The Daily Briefing For March 22nd: Futures Up Modestly

  • by Geoff Garbacz | March 22, 2021
S&P 500 +1 Dow Jones Industrial Average -55 NASDAQ  +76 Russell 2000 +1. Fair values are mixed. Asia and Europe mixed. VIX is at 23.11 from 23.75 this morning in futures. VIX closed at 21.58 from 19.23 and the three month futures at 25.28 from 23.88. ....
The Daily Briefing For March 8th: Futures Higher

The Daily Briefing For March 8th: Futures Higher

  • by Geoff Garbacz | March 8, 2021
Stocks have been all over the place today. Early weakness improved when CNBC's Joe Kernan relayed comments from David Tepper, one of the more competent hedge fund managers, who stated the rate rise would stop because the Japanese would be a buyer of Treasuries. ....
The Daily Briefing For January 8th: Futures Are Higher

The Daily Briefing For January 8th: Futures Are Higher

  • by Geoff Garbacz | January 8, 2021
S&P 500 +16   Dow Jones Industrial Average +121   NASDAQ +76    Russell 2000 +17 . Fair values are mixed. Asia higher ex Shanghai and Europe mixed. VIX is at 22.90 from 23.82 this morning in futures. VIX closed at 22.37 from 23.34  and the three month futures at 25.02 from 28.79. ....
The Daily Briefing For December 21st: Futures Getting Pounded

The Daily Briefing For December 21st: Futures Getting Pounded

  • by Geoff Garbacz | December 21, 2020
Gold lower, silver higher and copper lower. WTI Crude Oil and Brent Oil Futures  lower. Natural Gas is lower. $ is higher vs Euro, higher vs Pound and higher vs Yen. US 10 year Treasury price is at $138.09 from $137.83 with the yield at 0.896% from 0.91%%. ....
The Daily Briefing For November 20th: A Crazy Morning

The Daily Briefing For November 20th: A Crazy Morning

  • by Geoff Garbacz | November 20, 2020
We live in interesting times no doubt. Yesterday late afternoon the Treasury took away funds from the Federal Reserve. They fired back saying this was not prudent. Now the Treasury Secretary is on CNBC trying to defend himself. ....
The Daily Briefing For October 26th: Stocks Lower Today

The Daily Briefing For October 26th: Stocks Lower Today

  • by Geoff Garbacz | October 26, 2020
S&P 500 -39 Dow Jones Industrial Average -328  NASDAQ -119  Russell 2000 -17 . Fair values are higher.  Asia mixed and Europe lower. Current VIX is at 27.32 from 28.65. 3 month VIX Future is at 28.99 from 29.61. ....
The Daily Briefing For October 16th: Futures Higher

The Daily Briefing For October 16th: Futures Higher

  • by Geoff Garbacz | October 16, 2020
Stocks ripped on Monday then struggled Tuesday and Wednesday before gaining from the lows yesterday. Today is a strong start to trading. Cool weather is now flowing down from Canada so watch to see how natural gas trades. ....
The Daily Briefing For October 9th: Stock Rally Continues

The Daily Briefing For October 9th: Stock Rally Continues

  • by Geoff Garbacz | October 9, 2020
Stocks rebounded nicely yesterday and continue higher but is still below its September peak by 142 points. Earnings season kick off next week (see earnings section). Monday will be a quiet day as the bond market will be closed Columbus Day Observances. ....
The Daily Briefing For October 6th: Futures Flatish

The Daily Briefing For October 6th: Futures Flatish

  • by Geoff Garbacz | October 6, 2020
As we head into Tuesday trading stocks are mixed as fair values are higher across the board. Washington remains front and center as a stimulus bill continues to be worked on and the president recovers. ....
The Daily Briefing For September 14th: Stocks Open Strong

The Daily Briefing For September 14th: Stocks Open Strong

  • by Geoff Garbacz | September 14, 2020
Stocks have opened up strong as the market seems to have forgotten about last week's weakness. This will be a busy week with the FOMC announcement and press conference on Wednesday as well a a quadruple witching on Friday. ....
The Daily Briefing For August 25th: Futures Higher

The Daily Briefing For August 25th: Futures Higher

  • by Geoff Garbacz | August 25, 2020
S&P 500 +14 Dow Jones Industrial Average +137 NASDAQ +3 Russell 2000 +11.43 Fair values are higher. Asia mixed and Europe higher. VIX November futures are at 25.75 from 25.10 this morning. Current VIX is at 22.37 from 22.47. ....
The Daily Briefing For August

The Daily Briefing For August

  • by Geoff Garbacz | August 5, 2020
S&P 500 +18 Dow Jones Industrial Average +202 NASDAQ +10 Russell 2000 +19.49. Fair values are lower. Asia mixed and Europe higher. VIX is at 25.45 this morning. The U.S. Dollar continues to struggle. ....
The Daily Briefing For July 23rd:

The Daily Briefing For July 23rd:

  • by Geoff Garbacz | July 23, 2020
S&P 500 -3 Dow Jones Industrial Average -29 NASDAQ -10 Russell 2000 +2.56. Fair values are higher except for the Russell 2000 that is -7.26. Asia mixed and Europe higher. VIX is at 23.96 from 25.19 yesterday morning. ....
It Wasn't Over When The Germans Bombed Pearl Harbor

It Wasn't Over When The Germans Bombed Pearl Harbor

  • by Geoff Garbacz | June 23, 2020
Last night Peter Navarro claimed "It's Over". This comment was in reference to the U.S. and China Trade Deal. Trump and Navarro walked this back after the S&P 500 and Dow fell between 1% and 2%. Stocks then found their happy place again. ....
The Daily Briefing For June 18th: Futures Are Volatile

The Daily Briefing For June 18th: Futures Are Volatile

  • by Geoff Garbacz | June 18, 2020
Since yesterday's close, stocks have traded all over the place as there have been lots of news stories from John Bolton to Weekly Jobless and Philly Fed Index. China also claims the Covid-19 outbreak in Beijing is contained. ....
Daily Briefing For March 31st: Stocks Mixed

Daily Briefing For March 31st: Stocks Mixed

  • by Geoff Garbacz | March 31, 2020
Gold and silver higher with copper lower. WTI Crude Oil and Brent Oil Futures higher. Natural Gas is higher. $ is higher vs Euro, higher vs Pound and higher vs Yen. US 10 year Treasury price is at $138.80 from $138.97 from yields at 0.692% from 0.652%. ....
The Daily Briefing For January 8th: Wild Moves

The Daily Briefing For January 8th: Wild Moves

  • by Geoff Garbacz | January 8, 2020
Gold flat, silver lower with copper higher. WTI Crude Oil and Brent Oil Futures lower. Natural Gas is higher. $ is higher vs Euro, higher vs Pound and higher vs Yen. US 10 year Treasury price is at $129.22 from $129.36 with yields at 1.823% from 1.80% . Prices as of 8:30 a.m. EDT. ....
Futures Higher Modestly This Morning

Futures Higher Modestly This Morning

  • by Geoff Garbacz | December 24, 2019
Today is a shortened trading session as such we are not producing the full market matters. Just a quick summary of what is going on in the world. ....
The Daily Briefing For November 18th: Mixed Start To The Day

The Daily Briefing For November 18th: Mixed Start To The Day

  • by Geoff Garbacz | November 18, 2019
Gold and silver lower with copper higher. WTI Crude Oil 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 is at $129.02 from $129.13 with yields at 1.86%. ....
The Daily Briefing For November 6th: A Mixed Start To The Day

The Daily Briefing For November 6th: A Mixed Start To The Day

  • by Geoff Garbacz | November 6, 2019
Gold higher with silver lower and copper lower. WTI Crude Oil and Brent Oil Futures lower. Natural Gas is lower. $ is lower vs Euro, lower vs Pound and lower vs Yen. US 10 year Treasury price is at $129.11 from $129.34 with yields at 1.835% from 1.82%. ....
The Daily Briefing For August 22nd: All Eyes To Jackson Hole

The Daily Briefing For August 22nd: All Eyes To Jackson Hole

  • by Geoff Garbacz | August 22, 2019
All investors will be focused on Jackson Hole, Wyoming the next two days. Federal Reserve and foreign central bankers gather here late August every year. Personally, I have loved the Tetons since I was a little boy and lived in Idaho. ....
The Daily Briefing For April 5th: Jobs Friday

The Daily Briefing For April 5th: Jobs Friday

  • by Geoff Garbacz | April 5, 2019
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. ....