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Exxon Earnings Surprise To The Upside A Day After Oil Prices Tank
Friday, August 2, 2019 - 9:58am | 1446Read More...It’s Employment Report day, a day that often marks the biggest economic news of the month. This time around, however, the report might get the bronze medal, behind the Fed meeting and yesterday’s tariff bombshell. For the most part, the jobs report fell in line with expectations (see...
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Friday's Market Minute: When An Unstoppable Rate Cut Meets An Immovable Tariff
Friday, August 2, 2019 - 9:48am | 283Read More...The past two days have delivered two huge bombshells for markets. On Wednesday, the Fed announced its decision to cut the interest rate by 25 basis points, which most investors expected. But yesterday, another more unexpected market driver entered the field when President Trump tweeted about...
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Still Weighing Fed's Words, But Yum, Verizon And GM Earnings Also In Focus
Thursday, August 1, 2019 - 9:53am | 2377Read More...There’s an old saying that the market is a greedy beast and always wants more. Proof of that might be yesterday’s session, when stocks cratered despite the Fed lowering interest rates. The problem? Many investors wanted the Fed to signal the start of a prolonged rate-cutting cycle, not...
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Thursday's Market Minute: Watch For These Earnings
Thursday, August 1, 2019 - 9:26am | 378Read More...After the rate cut from the Fed yesterday, equity index futures are up ahead of a long day of earnings. Some of the names reporting today are Wayfair Inc (NYSE: W) in the premarket, and Etsy Inc (NASDAQ: ETSY), Pinterest Inc (NYSE: PINS), and Square Inc (NYSE: SQ) in the...
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One And Done? Powell Says Rate Cut Is An "Adjustment," And Market Looks Unhappy
Wednesday, July 31, 2019 - 4:02pm | 2152Read More...After a decade without cutting interest rates, the Fed announced a quarter-point easing Wednesday and also ended its balance sheet reduction program earlier than expected. However, stocks fell sharply after the decision, possibly because in its post-meeting statement and press conference, the...
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Easing Up: Fed Expected To Cut Rates, But Apple's Strong Results Front And Center Early
Wednesday, July 31, 2019 - 10:08am | 2126Read More...If there’s a “third rail” for Wall Street, it’s anyone mentioning 2008. That was the year stocks crashed, and also the last time the Fed cut rates. Things couldn’t be more different now, with major indices at record highs and the U.S. economy showing plenty of...
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What To Watch In August: Retail Earnings, IPOs, Fed Moves
Wednesday, July 31, 2019 - 9:56am | 1406Read More...In many countries, August is a sleepy month where people leave town for vacation. Some U.S. investors might be traveling, too. But anyone who escapes to the mountains this August might miss the market’s reaction to events ranging from an anticipated Fed rate cut to Apple Inc (NASDAQ:...
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Wednesday's Market Minute: Fed Decision – What's The Big Deal?
Wednesday, July 31, 2019 - 9:41am | 365Read More...So, the Fed is going to cut rates. What’s the big deal? The most innocuous explanation for today’s actions by Jay Powell is that inflation hasn’t continuously hit the Fed’s target and therefore they are adding a little more gas to the fire to get there. Dovish central banks...
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Apple On Today's Menu, With Starring Roles From China Talks, Fed Meeting
Tuesday, July 30, 2019 - 10:07am | 2239Read More...Watching stocks during a Fed meeting week is normally like watching paint dry. That’s the way it was Monday, as investors seemed shy about taking big new positions ahead of a rate decision. Today, however, there’s a lot of other stuff that might take peoples’ eyes away from Fed...
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China Fortunes Keep Chip Stocks On Wild Ride As Advanced Micro Reports
Tuesday, July 30, 2019 - 9:53am | 1759Read More...If you’re looking for a sector that arguably serves as the number-one barometer of U.S./China trade relations, semiconductors could be a contender. As trade talks get underway this week after a nearly three-month break, the PHLX Semiconductor Index (SOX) charged ahead. It surpassed the 2019...
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Tuesday's Market Minute: FOMC In Focus
Tuesday, July 30, 2019 - 9:43am | 313Read More...The Federal Reserve Open Market Committee begins a two-day meeting today with an announcement on interest rates due tomorrow at 2 PM ET. Expectations are for a 25 basis-point rate cut and the equity market has already priced this in when looking at the rally over the last two months. The market...
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New CME Micro E-Mini Nasdaq-100 Index Futures And Earnings Season
Monday, July 29, 2019 - 1:22pm | 672Read More...Earnings season is upon us! As the markets score fresh all-time highs, investors will be closely watching whether this year’s strongest sector, technology, can continue its 30% YTD run. More importantly, the FAANG stocks have failed to keep pace, causing some investors to question whether the...
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At Your Service(s): Apple Q3 Results Loom Amid Services, China Concerns
Monday, July 29, 2019 - 11:31am | 1540Read More...Can a stock with almost $1 trillion in market cap ever have a quiet 30% rally? Arguably, that’s the case with Apple Inc. (NASDAQ: AAPL) so far this year, as the stock continues to recover from its late-2018 swoon despite an undercurrent of concerns ranging from falling iPhone demand to...
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Host Of Earnings Loom With Beyond Meat, Apple Among Highlights Ahead Of Fed, Payrolls
Monday, July 29, 2019 - 9:50am | 2522Read More...A Fed meeting. Apple earnings. The monthly payrolls report. Renewed talks with China. This week has it all, and it starts with the stock market at all-time highs after solid results late last week from Alphabet Inc (NASDAQ: GOOG), Starbucks Corporation (NASDAQ: SBUX), and Twitter Inc...
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Monday's Market Minute: Big Week Ahead…As In It's Not Just The Fed!
Monday, July 29, 2019 - 9:32am | 318Read More...Traders, heads up, because this could be a big week for markets. I think it goes without saying all eyes will be on the FOMC meeting decision Wednesday, the Q&A session to follow, and comments from Fed chair Jerome Powell. But in addition to rates, we have Personal Income and Spending data due...
















