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 May 23rd: Stocks Higher Despite Biden Misspeak

The Daily Briefing For May 23rd: Stocks Higher Despite Biden Misspeak

  • Geoff Garbacz | May 23, 2022
The S&P 500 closed Friday at 3901.36 (higher by 0.01%)from 3900.79  on Thursday.  Futures have traded higher overnight. The overnight high of 3955 was hit at 2:45 a.m. EDT. The low was hit at 3910.25 at 6:05 p.m. EDT, a range of 45 points high to low which is the typical range of late with 45 the average. At 7:55 a.m. EDT the current price is 3942.50 which is 1.10% and 43 points. ....
The Daily Briefing For May 20th: Stocks Trying To Close Out Week On Positive Note

The Daily Briefing For May 20th: Stocks Trying To Close Out Week On Positive Note

  • Geoff Garbacz | May 20, 2022
The S&P 500 closed Thursday at 3900.79 (lower by -0.58%) from 3923.28 on Wednesday.  Futures have traded higher overnight. The overnight high of 3950 was hit at 5:20 a.m. EDT. The low was hit at 3889.75 at 4:05 p.m. EDT, a range of 60 points high to low which is above the typical range of late with 45 the average. At 7:55 a.m. EDT the current price is 3936.25 which is 0.99% and 38 points. ....
The Daily Briefing For May 19th: Stocks Down But Off Lows

The Daily Briefing For May 19th: Stocks Down But Off Lows

  • Geoff Garbacz | May 19, 2022
The S&P 500 closed Wednesday at 3923.28 (lower by -4.04%) from 4088.85 on Tuesday.  Futures have traded lower overnight. The overnight high of 3933 was hit at 9:55 p.m. EDT. The low was hit at 3856 at 5:45 a.m. EDT, a range of 77 points high to low which is above the typical range of late with 45 the average. At 7:55 a.m. EDT the current price is 3888.75 which is -0.87% and 34 points. ....
The Daily Briefing For May 18th: Stocks Lower As Target Misses The Bullseye As Walmart Virus Hits Them

The Daily Briefing For May 18th: Stocks Lower As Target Misses The Bullseye As Walmart Virus Hits Them

  • Geoff Garbacz | May 18, 2022
The S&P 500 closed Tuesday at 4088.85 (higher by 2.02%) from 4008.01 on Monday.  Futures have traded lower overnight. The overnight high of 4095 was hit at 6:20 p.m. EDT. The low was hit at 4052 at 7:28 a.m. EDT, a range of 43 points high to low which is around the typical range of late with 45 the average. At 7:55 a.m. EDT the current price is 4053.75 which is -0.76% and 31 points. ....
The Daily Briefing For May 17th: Stocks Rebound On Home Depot Beat

The Daily Briefing For May 17th: Stocks Rebound On Home Depot Beat

  • Geoff Garbacz | May 17, 2022
The S&P 500 closed Monday at 4008.01 (lower by -0.39%) from 4023.90 on Friday.  Futures have traded higher overnight. The overnight high of 4083.75 was hit at 6:00 .m. EDT. The low was hit at 3997 at 4:00 p.m. EDT, a range of 86 points high to low which is above the typical range of late with 45 the average. At 7:55 a.m. EDT the current price is 4066 which is 1.55% and 62 points. ....
The Daily Briefing For May 16th: Stocks Modestly Lower

The Daily Briefing For May 16th: Stocks Modestly Lower

  • Geoff Garbacz | May 16, 2022
The S&P 500 closed Friday at 4023.90 up 2.39% from 3930.08 on Thursday.  Futures have traded mixed overnight. The overnight high of 4042 was hit at 8:00 p.m. EDT. The low was hit at 3981.75 at 11:25 p.m. EDT, a range of 61 points high to low which is above the typical range of late with 45 the average. At 7:20 a.m. EDT the current price is 4011 which is -0.22% and -8.75 points. ....
The Daily Briefing For May 13th: Stocks Rebounding Into Week's End, Can It Hold?

The Daily Briefing For May 13th: Stocks Rebounding Into Week's End, Can It Hold?

  • Geoff Garbacz | May 13, 2022
The S&P 500 closed Thursday at 3930.08 down -0.13% from 3935.18  on Wednesday.  Futures have traded higher overnight. The overnight high of 3976.75 was hit at 5:30 a.m. EDT. The low was hit at 3905 at 6:00 p.m. EDT, a range of 71 points high to low which is above the typical range of late with 45 the average. At 7:25 a.m. EDT the current price is 3969.50 which is 1.08% and 42.25 points. ....
The Daily Briefing For May 12th: Stocks Lower, Crypto Lower And Yields Lower

The Daily Briefing For May 12th: Stocks Lower, Crypto Lower And Yields Lower

  • Geoff Garbacz | May 12, 2022
Overnight Summary: The S&P 500 closed Wednesday at 3935.18 lower by -1.65% from 4001.05  on Tuesday.  Futures have traded lower overnight. The overnight high of 3953.75 was hit at 9:55 p.m. EDT. The low was hit at 3891.50 at 5:30 a.m. EDT, a range of 62 points high to low which is above the typical range of late with 45 the average. At 7:25 a.m. EDT the current price is 3915.75 which is -0.37% and -14.50 points. ....
The Daily Briefing For May 11th: Heading Into CPI Data Can Stocks Hold Gains?

The Daily Briefing For May 11th: Heading Into CPI Data Can Stocks Hold Gains?

  • Geoff Garbacz | May 11, 2022
The S&P 500 closed Tuesday at 4001.05 from 3991.24  on Monday.  Futures have traded higher overnight. The overnight high of 4043.75 was hit at 5:10 a.m. EDT this morning. The low was hit at 3986.50 at 8:00 p.m. EDT, a range of 57 points high to low which is above the typical range of late with 45 the average. At 7:25 a.m. EDT the current price is 4041 which is +1.11% and +44.25 points. ....
The Daily Briefing For May 10th, Stocks Are Starting To Rebound

The Daily Briefing For May 10th, Stocks Are Starting To Rebound

  • Geoff Garbacz | May 10, 2022
The S&P 500 closed Monday at 3991.24 down -3.20%  from 4123.34  on Friday.  Futures have traded higher overnight. The overnight high of 4034.75 was hit at 5:15 a.m. EDT this morning. The low was hit at 3961.75 at 8:20 p.m. EDT, a range of 73 points high to low which is above the typical range of late with 45 the average. At 7:25 a.m. EDT the current price is 4013.50 which is +0.66% and +26 points. ....
The Daily Briefing For May 9th: Stocks Lower For Another Monday

The Daily Briefing For May 9th: Stocks Lower For Another Monday

  • Geoff Garbacz | May 9, 2022
 The S&P 500 closed Friday at 4123.34 down -0.57% from 4146.87 on Thursday.  Futures have traded lower overnight. The overnight high of 4098 was hit at 6:05 p.m. EDT last night. The low was hit at 4,033.75 at 6:50 a.m. EDT, a range of 65 points high to low which is above the typical range of late with 45 the average. At 7:25 a.m. EDT the current price is 4039.75 which is -1.94% and -80 points. ....
The Daily Briefing For May 6th: Stocks Now Higher Post A Decent Jobs Number

The Daily Briefing For May 6th: Stocks Now Higher Post A Decent Jobs Number

  • Geoff Garbacz | May 6, 2022
he S&P 500 closed Thursday at from 4300.17 on Wednesday down -3.56%.  Futures have traded lower overnight. The overnight high of 4157was hit at 4:50 p.m. EDT. The low was hit at 4,112.75 at 3:45 a.m. EDT, a range of 45 points high to low which has been a typical range of late with 45 the average. At 8:45 a.m. EDT the current price is 4149 which is 6 points. ....
The Daily Briefing For May 4th: Stocks Higher Into FOMC

The Daily Briefing For May 4th: Stocks Higher Into FOMC

  • Geoff Garbacz | May 4, 2022
The S&P 500 closed Tuesday at 4175.48 from 4155.38 on Monday up 0.48%.  Futures have traded higher overnight. The overnight high of 4190 was hit at 7:30 a.m. EDT. The low was hit at 4,167 at 3:30 a.m. EDT, a range of 23 points high to low which has been atypical range of late with 45 the average. At 7:30 a.m. EDT the current price is 4190 which is 0.42% and 17.50 points. ....
The Daily Briefing For May 3rd: Stocks Mixed.

The Daily Briefing For May 3rd: Stocks Mixed.

  • Geoff Garbacz | May 3, 2022
The S&P 500 closed Monday at 4155.38 from 4131.93 on Friday up 0.57%.  Futures have traded lower overnight but are off their highs. The overnight high of 4176 was hit at 10:55 a.m. EDT. The low was hit at 4,129 at 6:55 a.m. EDT, a range of 47 points high to low which has been a typical range of late. At 7:25 a.m. EDT the current price is 4136 which is -0.41% and -17 points. ....
The Daily Briefing For May 2nd: Stocks Lose Gains

The Daily Briefing For May 2nd: Stocks Lose Gains

  • Geoff Garbacz | May 2, 2022
The S&P 500 closed Friday at 4131.93 from 4287.50 on Thursday down -3.63. Futures have traded higher overnight but are off their highs. The overnight high of 4158 was hit at 3:10 a.m. EDT. The low was hit at 4,116.75 at 6:35 p.m. EDT, a range of 42 points high to low which has been a typical range of late. At 7:25 a.m. EDT the current price was 4139.75 which is +0.30% and 12.25 points. Now down -9. ....
The Daily Briefing For April 29th: Stocks Lower To Finish The Week

The Daily Briefing For April 29th: Stocks Lower To Finish The Week

  • Geoff Garbacz | April 29, 2022
The S&P 500 closed Thursday at 4287.50 up 2.47% from  4183.90  on Wednesday. Futures have traded lower overnight but are off their low but not by much. The overnight high of 4280 was hit at 2:40 a.m. EDT. The low was hit at 4,235.50 at 6:00 p.m. EDT, a range of 453 points high to low. At 7:25 a.m. EDT the current price is 4242.50 which is -0.96% and -41.25 points. ....
The Daily Briefing For April 28th: Stocks Up Strong But Off Highs

The Daily Briefing For April 28th: Stocks Up Strong But Off Highs

  • Geoff Garbacz | April 28, 2022
The S&P 500 closed Wednesday at 4183.96 up 0.21% from 4175.20 on Tuesday. Futures have traded higher overnight but are off their peak. The overnight high of 4258.75 was hit at 5:05 a.m. EDT. The low was hit at 4,175.25 at 4:05 p.m. EDT, a range of 83 points high to low quite a large range. At 7:25 a.m. EDT the current price is 4248 which is +1.63% and +68 points. ....
The Daily Briefing For April 27th: Stock Positive But Off Highs

The Daily Briefing For April 27th: Stock Positive But Off Highs

  • Geoff Garbacz | April 27, 2022
The S&P 500 closed Tuesday at 4175.20 from 4296.12 on Monday down -2.81%. Futures have traded higher overnight but are off their peak. The overnight high of 4217.50 was hit at 4:25 a.m. EDT. The low was hit at 4,136 at 4:55 p.m. EDT, a range of 81 points high to low quite a large range. At 7:25 a.m. EDT the current price is 4198 which is +0.67% and +28 points. ....
The Daily Briefing For April 25th: Thursday and Friday Selling Continues

The Daily Briefing For April 25th: Thursday and Friday Selling Continues

  • Geoff Garbacz | April 25, 2022
The S&P 500 closed Friday at 4271.78 from 4293.66 on Thursday down -2.77%. Futures traded lower most of the night. The overnight high of 4267 was hit at 7:35 p.m. EDT. The low was hit at 4,219 at 4:55 a.m. EDT, a range of 48 points high to low. At 7:20 a.m. EDT the current price is 4229.75 which is -0.89% and -38. ....
The Daily Briefing For April 21st: Stocks Higher On Several Earnings Beats TSLA AAL

The Daily Briefing For April 21st: Stocks Higher On Several Earnings Beats TSLA AAL

  • Geoff Garbacz | April 21, 2022
The S&P 500 closed Wednesday at 4459.45  from 4462.21  on Tuesday down -0.06%. Futures traded higher most of the night. The overnight high was hit at 4:20 a.m. EDT this morning at 4,493.75. The low was hit at 4,454 at 4:05 p.m. EDT, a range of 39 points high to low. At 7:30 a.m. EDT the current price is 4492.25 which is 0.82% and 36.75. Make sure to catch us on Twitter with the handle Bullet86. We are posting more nonproprietary notes there (1-2 a day). Remember to like a Tweet that has an impact on you or better retweet it. If you do not use Twitter, then ask us on how to get connected as it is a great source of instant information with lots of typing and clicking. ....
The Daily Briefing For April 20th: Stocks Higher For Second Day

The Daily Briefing For April 20th: Stocks Higher For Second Day

  • Geoff Garbacz | April 20, 2022
The S&P 500 closed Tuesday at 4462.21 from 4391.69  on Monday up 1.61%. Futures traded sideways to lower most of the night before getting back to flat as we write. The overnight high was hit at 6:35 a.m. EDT this morning at 4,465. The low was hit at 4,432.75 at 9:35 p.m. EDT, a range of 33 points high to low. At 7:35 a.m. EDT the current price is 4459.25 which is 0.00% and 0.00. Now the S&P 500 is up +11. ....
The Daily Briefing For April 19th: Stocks Mixed As Russia Ends Foreign Receipts

The Daily Briefing For April 19th: Stocks Mixed As Russia Ends Foreign Receipts

  • Geoff Garbacz | April 19, 2022
The S&P 500 closed Monday at 4391.69  from 4392.59  on Thursday up 0.04%. Futures have been mixed most of the night. The overnight high was hit at 8:00 p.m. EDT last night at 4,411. The low was hit at 4,371 at 5:55 a.m. EDT, a range of 22 points high to low. At 7:25 a.m. EDT the current price is 4385 which is -0.04% and -1.75. ....
The Daily Briefing For April 18th: Futures Lower By -11.39

The Daily Briefing For April 18th: Futures Lower By -11.39

  • Geoff Garbacz | April 18, 2022
The S&P 500 closed Thursday at 4392.59  from 4446.59  on Wednesday down -1.21%. Futures have been lower most of the night. The overnight high was hit at 6:05 p.m. EDT last night at 4,390. The low was hit at 4,355.50 at 8:05 a.m. EDT, a range of 45 points high to low. At 7:25 a.m. EDT the current price is 4379.75 which is -0.18% and -7.75. ....
The Daily Briefing For April 14th: Stocks Mixed, Musk Bids For Twitter

The Daily Briefing For April 14th: Stocks Mixed, Musk Bids For Twitter

  • Geoff Garbacz | April 14, 2022
The S&P 500 closed Wednesday at 4446.59 from 4397.45 on Tuesday up 1.12%. Futures have been flat most of the night. The overnight high was hit at 2:00 a.m. EDT at 4,455. The low was hit at 4,436 at 5:55 a.m. EDT, a range of 20 points high to low. At 7:20 a.m. EDT the current price is 4442.25 which is 0.00%. ....
The Daily Briefing For April 12th- Will CPI Come in Hot, Hot, Hot or Just Hot?

The Daily Briefing For April 12th- Will CPI Come in Hot, Hot, Hot or Just Hot?

  • Geoff Garbacz | April 12, 2022
The S&P 500 closed Monday at 4412.53 from 4488.28  on Friday down 1.69%. This is now the second day in April where the S&P 500 has lost more than -1%. Futures have been moving lower most of the night before turning up at 3:45 a.m. EDT. The overnight high was hit at 6:40 a.m. EDT at 4,414. The low was hit at 4,382 at 3:45 a.m. EDT, a range of 32 points high to low. At 7:05 a.m. EDT the current price is 4407 down -1.75 which is -0.04%. ....
The Daily Briefing For April 11th: Stocks Lower

The Daily Briefing For April 11th: Stocks Lower

  • Geoff Garbacz | April 11, 2022
The S&P 500 closed Friday at 4488.28 from 4500.21  on Thursday. Futures have been moving lower most of the night. The overnight high was hit at 3:50 a.m. EDT at 4,482. The low was hit at 4,450 at 1:30 a.m. EDT. At 7:05 a.m. EDT the current price is 4468 down -15.25 which is 0.34%. ....
The Daily Briefing For April 6th: The S&P 500 Breaks 4500

The Daily Briefing For April 6th: The S&P 500 Breaks 4500

  • Geoff Garbacz | April 6, 2022
The S&P 500 closed Tuesday at 4525.12 from 4582.64 on Monday. Futures have been moving lower after an early morning peak. The overnight high was hit at 2:40 a.m. EDT at 4,528. The low was hit at 4,484 at 7:20 a.m. EDT. At 7:20 a.m. EDT the current price is 4484 down -37 which is -0.84%. ....
The Daily Briefing For April 4th: Futures Higher As We Enter Q2

The Daily Briefing For April 4th: Futures Higher As We Enter Q2

  • Geoff Garbacz | April 4, 2022
The S&P 500 closed Friday at 4545.86 from 4530.61 on Thursday. Futures have been moving higher since Friday’s close. The overnight high was hit at 6:20 a.m. EDT at 4,551. The low was hit at 4,527.50 at 8:25 p.m. EDT. At 7:20 a.m. EDT the current price is 4545.75 up +6.50 which is 0.14%. ....
The Daily Briefing For April 1st: Stocks Holding Gains After Jobs Data

The Daily Briefing For April 1st: Stocks Holding Gains After Jobs Data

  • Geoff Garbacz | April 1, 2022
The S&P 500 closed Thursday at 4530.61 from 4602.45 on  Wednesday. The S&P 500 now has a two day losing streak. Futures have been moving higher since yesterday’s close. The overnight high was hit at 6:05 a.m. EDT at 4,555.50. The low was just hit at 4,527.50 at 4:05 p.m. EDT. At 7:25 a.m. EDT the current price is 4550.25. ....
The Daily Briefing For March 31: Stocks Up Modestly, PCI Core Comes In At 0.4% Not Higher, Stocks Should Have A Good Day

The Daily Briefing For March 31: Stocks Up Modestly, PCI Core Comes In At 0.4% Not Higher, Stocks Should Have A Good Day

  • Geoff Garbacz | March 31, 2022
The S&P 500 closed Wednesday at 4602.45 from 4631.60  on Tuesday. The S&P 500 finally rested after its four day winning streak. Futures hit an early peak, then pulled back, rallied until about 4:00 a.m. EDT before hitting current levels. The overnight high was hit at 8:45 p.m. EDT at 4,614.50. The low was just hit at 4,598 at 7:20 a.m. EDT up +2.50 points +0.03%. ....
The Daily Briefing For March 30th, Stocks Modestly Lower

The Daily Briefing For March 30th, Stocks Modestly Lower

  • Geoff Garbacz | March 30, 2022
The S&P 500 closed Tuesday at 4631.60 from 4575.52  on Monday. The S&P 500 now has a four day winning streak. Futures have been moving higher since the market closed on Monday. The overnight high was hit at 2:00 a.m. EDT at 4,627.50. The low came at 4,605 several times between 4:00 and 6:00 a.m. EDT. The current level is at 4,616.28 at 7:10 a.m. EDT down 12.50 points -0.27%. ....
The Daily Briefing Is Back in Action After A Brief Vacation For Its Writer

The Daily Briefing Is Back in Action After A Brief Vacation For Its Writer

  • Geoff Garbacz | March 29, 2022
The S&P 500 closed Monday at 4575.52 from  4,543.06 on Friday. The S&P 500 now has a three day winning streak. Futures have been moving higher since the market closed on Monday. The overnight high was hit at 5:55 a.m. EDT at 4,592.75. The low came at 4,565.25 at 8:15 a.m. EDT. The current level is at 4,585.75 at 7:30 a.m. EDT up 17.75 up 0.39%. ....
The Daily Briefing For March 17th: Stocks Lower As Peace Talks Stall

The Daily Briefing For March 17th: Stocks Lower As Peace Talks Stall

  • Geoff Garbacz | March 17, 2022
The S&P 500 closed Wednesday at 4357.85 from 4262.45 on Tuesday.  The S&P 500 was higher for the second day in a row.  The overnight high was hit at 4367.50 early on at 4:45 p.m. EDT. The low came at 4320 at 8:10 a.m. EDT. The current level is 4336 down 13.50 points which is  -0.31% at 7:10 a.m. EDT.  ....
The Daily Briefing For March 15th: Futures Rebound Into The Green

The Daily Briefing For March 15th: Futures Rebound Into The Green

  • Geoff Garbacz | March 15, 2022
The S&P 500 closed Monday at 4165 from 4204.31 on Friday.  The S&P 500 is now lower the past three days.  The overnight high was hit at 4182 at 10:40 p.m. EDT. The low came at 4129.50 at 5:10 a.m. EDT. The current level is 4171.50 up 7.75 or 0.19% at 7:20 a.m. EDT. Another wild night of trading. ....
The Daily Briefing For March 11Th; Stocks Are Higher On Putin Comments

The Daily Briefing For March 11Th; Stocks Are Higher On Putin Comments

  • Geoff Garbacz | March 11, 2022
The S&P 500 closed yesterday at 4259.52 from 4277.88  on Wednesday.  The S&P 500 closed lower after Wednesday’s move higher.  The low overnight was hit at 4222.50 at 10:40 p.m. EST. The current level is 4308.75 up 60.75 or 1.43% due to a pop at 6:25 a.m. EST on Putin’s comments that Ukraine talks have seen some progress. ....
The Daily Briefing: Stock Rally Over After One Day

The Daily Briefing: Stock Rally Over After One Day

  • Geoff Garbacz | March 10, 2022
The S&P 500 closed yesterday at 4277.88 from 4170.70 on Tuesday.  The S&P 500 closed higher for the first time in five days.  The low overnight was just hit at 4221.75 at 7:20 a.m. EST. The current drop is 53.50 points which is -1.25%. ....
The Daily Briefing For March 9th: Stocks On Fire Today

The Daily Briefing For March 9th: Stocks On Fire Today

  • Geoff Garbacz | March 9, 2022
The S&P 500 closed yesterday at 4170.70 from 4201.09 on Monday.  The S&P 500 has now dropped four days in a row.  The low overnight was of 4148 at 4:45 p.m. EST.  From there, the S&P 500 has been straight up to the current level at 4232.25 up 63.50 points which is 1.52% at 7:20 a.m. EST. ....
The Daily Briefing: Is A Ceasefire Imminent?

The Daily Briefing: Is A Ceasefire Imminent?

  • Geoff Garbacz | February 25, 2022
The S&P 500 closed at 4288.70 yesterday. This morning it is trading at 4260 and has been trading lower all night. The low was 4228 at 3:40 a.m. EST.  Asia was higher ex Hong Kong. Europe is rebounding today up 1% to 2%. Futures now up +30. CNBC reports that Russia willing to send delegation to Minsk for talks. (Interfax) ....
The Daily Briefing For February 17th: Stocks Struggle On Russia News

The Daily Briefing For February 17th: Stocks Struggle On Russia News

  • Geoff Garbacz | February 17, 2022
Another choppy overnight session. S&P 500 is down -17 or -0.38% at 4453. The S&P 500 peaked at 4480 and traded to a low of 4437 at 11:00 p.m. EST. It then rallied to 4468 at 3:15 a.m. EST before dropping to 4453. Some good news is that Tiger Woods is coming back to the PGA Tour. ....
The Daily Briefing For February 16th: Retail Sales Strong Up 3.3%

The Daily Briefing For February 16th: Retail Sales Strong Up 3.3%

  • Geoff Garbacz | February 16, 2022
The S&P 500 closed yesterday at 4464.50. Overnight a low of  4452 was hit at 11:00 p.m. EST and then it rallied to 4479 at 4:00 a.m. EST before dropping to 4461.25 down by -3.25 points.  Asia was higher overnight at it piggybacked off the strength of the U.S. on Tuesday. Europe is mixed this morning with only Germany higher. ....
The Daily Briefing For February 14th: Futures All Over The Place

The Daily Briefing For February 14th: Futures All Over The Place

  • Geoff Garbacz | February 14, 2022
Global markets are concerned over lack of progress on a solution in Ukraine. Asia and Europe are lower. S&P 500 traded sideways until 3:30 a.m. EST at 4428 before dropping to 4368.50 down -41 S&P 500 points or -0.93% at 7:20 a.m. EST but are now down -4 S&P 500 points. ....
The Daily Briefing For February 10th: How Hot Will CPI Be?

The Daily Briefing For February 10th: How Hot Will CPI Be?

  • Geoff Garbacz | February 10, 2022
Markets are in what we call “Waiting For Godot” mode. Today’s CPI will drive the action. It has been high and will that trend continue. Overnight Asia was higher and Europe higher ex the CAC (France). S&P 500 futures have mostly traded lower overnight with a low of 4565 and is now at 4575 at 7:25 a.m. EST down -4 points. ....
The Daily Briefing For February 8th: Stocks Mixed, Ukraine Talks Continue

The Daily Briefing For February 8th: Stocks Mixed, Ukraine Talks Continue

  • Geoff Garbacz | February 8, 2022
Asia was higher. So far Europe is stronger. S&P 500 rose to a high of 4486 at 7:00 p.m. EST then fell to 4471 at 12:45 a.m. EST before rising to 4490 at 4:30 a.m. EST and then falling to 4470 at 7:20 a.m. EST. With all this movement, the range was only 20 points which is much lower than we have seen in the last several weeks in the overnight session. ....
The Daily Briefing For February 7th - Stocks Higher

The Daily Briefing For February 7th - Stocks Higher

  • Geoff Garbacz | February 7, 2022
S&P 500 futures hit a low at 11:00 p.m. at 4471. They are now at 4497 at 7:30 a.m. EST up +5. Asia was mostly higher post the return to trading in China with Japan lower. Europe is higher in morning trading. ....
The Daily Briefing For January 28th: Futures Are Having a Crazy Eddie Morning

The Daily Briefing For January 28th: Futures Are Having a Crazy Eddie Morning

  • Geoff Garbacz | January 28, 2022
Welcome to the end of Groundhog Week. Last night S&P 500 futures peaked up 30 Points (4356) at 11:00 p.m. and now they are lower by -34 S&P points (4300). At least, the S&P 500 did not fall 100 points, only off by 56 points. Asia was lower and Shanghai sold off in the last hour, now at a 16 month low. Europe is lower as Germany saw its GDP drop -0.70% against a consensus of -0.30%. ....
The Daily Briefing For January 27th: Wild Overnight Session

The Daily Briefing For January 27th: Wild Overnight Session

  • Geoff Garbacz | January 27, 2022
he overnight session was wild. The S&P 500 Futures rose to 4367 at 7:00 p.m. EST before falling to 4267 at 2:00 a.m. EST and now are at 4351 at 7:25 a.m. EST up +11. Asia sold off as it digested the Fed’s action and Europe is off its lows but with only the FTSE positive. Now up +31. ....
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. ....