Why an “Old Wall Street Indicator” isn’t so optimistic this year, Citi’s bullish call on copper, futures are trading higher with EU shares this morning earnings, today, there is one economic report to watch: ISM Non-Manufacturing Index (E: 57.1) and there are no Fed officials scheduled to speak and more.
Why we still think stocks are in a trading range (and we’re near the top), two indicators that would make us more bullish on stocks, weekly market preview, weekly economic cheat sheet and more.
U.S./China trade update (what’s expected now and what it means for markets), futures are slightly lower as disappointing economic data offset U.S./China trade optimism, today focus will be on the jobs report but the ultra-dovish Fed has taken some of the impact away from this report and more.
Fed Takeaways – Was it a bullish gamechanger? (not yet), jobs report preview, EIA/Oil market analysis, Futures are slightly higher, Chinese January Manufacturing PMI beat estimates and more.
Pre-Fed technical update: levels to watch, why did tech lag so badly yesterday?. today, primary focus will be on the Fed with the FOMC Meeting Announcement at 2:00 p.m. ET followed by Chair Powell’s press conference at 2:30 p.m. ET and more.
FOMC preview, U.S. equity futures are little changed this morning after a generally quiet night as investors focus turns to the Fed, today, there are two, second tiered economic reports due to be released: S&P Case-Shiller HPI (E: 0.4%) and Consumer Confidence (E: 124.6), and the FOMC meeting begins which will likely bring a sense of “Fed paralysis” over the markets and more.
A make or break week for the rally (key catalysts to watch), why last week was better than it seemed, futures are modestly lower following an uneventful weekend, the government shutdown ended on Friday but the shutdown was never an influence on stocks so the resolution isn’t going to be a positive catalyst and more.
Positive news on the U.S. consumer (good for stocks), futures are moderately higher thanks to a dovish Fed article in the WSJ and more solid earnings (SBUX), the WSJ reported that Fed officials are considering ending their balance sheet reduction earlier than expected, and that’s helped lift futures & more.
A sector with relative clarity (and opportunity), futures are slightly higher, January flash PMIs in Japan and the EU were disappointing, today the big number is the U.S. Flash Composite PMI (E: 54.2), as markets are looking for more signs of economic stabilization following the loss of momentum in December and more.
Dow theory update, existing home sales analysis, US futures are bouncing modestly as yesterday’s spike in volatility is digested while major averages in Europe and Asia were little changed during a quiet night of trade and more.