First Look
Stocks in the U.S. are pointed higher Thursday morning. Details of the trade deal between the U.S. and China that was signed yesterday failed to impress a lot of analysts, but the easing of tensions between the world's two largest economies is a positive. Morgan Stanley (MS) and Taiwan Semiconductor (TSM) are both trading higher after reporting earnings. The Nasdaq is up 0.4%, the S&P 500 is up 0.33%, the Dow Jones is up 0.27%
Today's Sentiment
NeutralQuote of the Day
Planning is bringing the future into the present so that you can do something about it now.
Alan Lakein
Daily Action Trade
Stocks on the Move
Morgan Stanley (MS), Albemarle Corporation (ALB) and DIGITAL RLTY TR/SH (DLR) are moving higher this morning, while PPG Industries, Inc. (PPG), Biogen Inc (BIIB) and Maxim Integrated Products Inc. (MXIM) are headed lower. Mohawk Industries, Inc. (MHK), Ameren Corp (AEE) and DIGITAL RLTY TR/SH (DLR) were upgraded by analysts this morning, while Tesla Inc (TSLA), Michaels Companies Inc (MIK) and U.S. Bancorp (USB) were downgraded.
International Markets
Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.63%, the Hang Seng is up 0.38%, the Mumbai Sensex is up 0.14% the Nikkei 225 is up 0.07% and the Shanghai SE Composite Index is down -0.52%. Stocks in Europe are down. The FTSE 100 is down -0.44%, the DAX is down -0.16%, the Euro Stoxx 50 is down -0.1% and the CAC 40 is down -0.09%.
Futures & Currencies
Energy futures are mixed today. The price for West Texas Intermediate crude oil is down -0.11 at 57.7 per barrel. Brent crude is up 0.1 at 64.1 per barrel. Natural Gas is up 0.02 at 2.14. Precious metals are mixed this morning. Gold is down -1.2 at 1555.05 per ounce. Platinum is up 15.06 at 1037.51 while silver is up 0.03 at 18.02. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen and down against the Pound.
Put/Call Ratio
Yesterday, 1,482,887 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 653,908 put contracts. The single-session put/call was 0.44.
Today's Economic Calendar
No. | What's Happening? | Period | Release Time |
---|---|---|---|
1 | Retail Sales | Dec | 8:30 |
2 | Retail Sales ex-auto | Dec | 8:30 |
3 | Philadelphia Fed Index | Jan | 8:30 |
4 | Initial Claims | 01/11 | 8:30 |
5 | Continuing Claims | 01/04 | 8:30 |
6 | Import Proces ex-oil | Dec | 8:30 |
7 | Export Proces ex-ag. | Dec | 8:30 |
8 | Business Inventories | Nov | 10:30 |
9 | NAHB Housing Markey Index | Jan | 10:00 |
10 | EIA Natural Gas Inventories | 01/11 | 10:30 |
11 | Net Long-term TIC Flows | Nov | 16:00 |