{"id":72012,"date":"2023-11-06T08:59:44","date_gmt":"2023-11-06T13:59:44","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=72012"},"modified":"2023-11-06T08:59:44","modified_gmt":"2023-11-06T13:59:44","slug":"coffee-with-greta-rally-extends","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2023\/11\/06\/coffee-with-greta-rally-extends\/","title":{"rendered":"Coffee With Greta: Rally Extends"},"content":{"rendered":"

Register now<\/strong><\/a> for this week's free trading Q&A on LinkedIn with options specialist Dan Darrow!<\/p>\n

DJIA Futures: <\/b>+14 (+0.04%)<\/span><\/p>\n

SPX Futures: <\/b>+7 (+0.2%)<\/span><\/p>\n

NASDAQ Futures: <\/b>+28 (+0.2%)<\/span><\/p>\n

Good morning friends!<\/span><\/p>\n

Futures are higher as the rally continues after the S&P 500\u2019s best week of the year.\u00a0<\/span><\/p>\n

Let\u2019s get right to it!<\/span><\/p>\n

Quieter Week<\/span><\/h2>\n

This will be a much quieter week for traders after last week\u2019s marathon of the Fed decision, <\/span>Apple <\/b>(AAPL) earnings, and the jobs report.\u00a0<\/span><\/p>\n

Several Fed officials are scheduled to speak throughout the week including two speeches from Chairman Jerome Powell on Wednesday and Thursday.\u00a0<\/span><\/p>\n

Economic data for the week includes the September trade deficit on Tuesday, September wholesale inventories on Wednesday, weekly jobless claims on Thursday, and consumer sentiment on Friday.\u00a0<\/span><\/p>\n

Earnings Slow<\/span><\/h2>\n

The earnings calendar is also a bit lighter this week.\u00a0<\/span><\/p>\n

Here are some of the highlights:<\/span><\/p>\n

    \n
  • Tuesday AM: <\/span>Uber Technologies <\/b>(UBER)<\/span><\/li>\n
  • Tuesday PM: <\/span>Rivian <\/b>(RIVN), <\/span>Lucid <\/b>(LCID), <\/span>Robinhood <\/b>(HOOD)<\/span><\/li>\n
  • Wednesday AM: <\/span>Warner Bros Discovery <\/b>(WBD), <\/span>Roblox <\/b>(RBLX)<\/span><\/li>\n
  • Wednesday PM: <\/span>Walt Disney <\/b>(DIS)<\/span><\/li>\n<\/ul>\n

    Treasury Yields Turn Higher<\/span><\/h2>\n

    Treasury yields are on the rise this morning as investors assess the future of interest rates after last week\u2019s Fed decision.\u00a0<\/span><\/p>\n

    The 10-year yield is up 10 basis points at 4.62% with the 2-year yield up 3 basis points at 4.90%.\u00a0<\/span><\/p>\n

    Friday\u2019s cooler-than-expected jobs report raised hopes that the Fed is done hiking rates.\u00a0<\/span><\/p>\n

    Cooling down the labor market has been a key point for the central bank in its fight against inflation.\u00a0<\/span><\/p>\n

    CME Group\u2019s FedWatch Tool currently shows over 90% of traders expecting no rate hike at the December meeting. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

    Register now for this week’s free trading Q&A on LinkedIn with options specialist Dan Darrow! DJIA Futures: +14 (+0.04%) SPX Futures: +7 (+0.2%) NASDAQ Futures: +28 (+0.2%) Good morning friends! Futures are higher as the rally continues after the S&P 500\u2019s best week of the year.\u00a0 Let\u2019s get right to it! Quieter Week This will be a much quieter week for traders after last week\u2019s marathon of the Fed decision, Apple (AAPL) earnings, and the jobs report.\u00a0 Several Fed officials are scheduled to speak throughout the week including two speeches from Chairman Jerome Powell on Wednesday and Thursday.\u00a0 Economic data for the week includes the September trade deficit on Tuesday, September wholesale inventories on Wednesday, weekly jobless claims on Thursday, and consumer sentiment on Friday.\u00a0 Earnings Slow The earnings calendar is also a bit lighter this week.\u00a0 Here are some of the highlights: Tuesday AM: Uber Technologies (UBER) Tuesday PM: Rivian (RIVN), Lucid (LCID), Robinhood (HOOD) Wednesday AM: Warner Bros Discovery (WBD), Roblox (RBLX) Wednesday PM: Walt Disney (DIS) Treasury Yields Turn Higher Treasury yields are on the rise this morning as investors assess the future of interest rates after last week\u2019s Fed decision.\u00a0 The 10-year yield is up 10 basis points at 4.62% with the 2-year yield up 3 basis points at 4.90%.\u00a0 Friday\u2019s cooler-than-expected jobs report raised hopes that the Fed is done hiking rates.\u00a0 Cooling down the labor market has been a key point for the central bank in its fight against inflation.\u00a0 CME Group\u2019s FedWatch Tool currently shows over 90% of traders expecting no rate hike at the December meeting.<\/p>\n","protected":false},"author":41,"featured_media":72015,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[739],"tags":[],"class_list":["post-72012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coffee-with-greta"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/72012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=72012"}],"version-history":[{"count":1,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/72012\/revisions"}],"predecessor-version":[{"id":72018,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/72012\/revisions\/72018"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/72015"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=72012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=72012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=72012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}