Pre-Market Brief

Good morning. US equity futures are fractionally lower, SPX -8pts, we’re set to open at 6905. USD is -0.03% at DXY 98.15. The precious metals are rather positive, Gold +0.4%, with Silver +2.8%. WTIC is +1.8% in the mid $60s.

sp’60min

Summary

Yesterday saw the market settle on a positive note. S/t momentum settled on the high side.

Overnight futures have been leaning a little weak, we’re set to open -5/10pts. Yesterday’s black daily candles are set to play out… if briefly/marginally.  I would look for a recovery… to settle net higher, with 7K next week.

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Early movers

AEM +0.2%
AG +2.2%
ALK -0.6%, post earnings cooling
AMD +3.0%
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AVGO -1.8%
BABA -1.2%
COF -2.2%, post earnings depression
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COIN +0.1%

Bitcoin is -0.5% at $89k
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CSX +2.1%, post earnings gains
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FCX -0.9%, with copper +7cents to $5.85
FTNT +4.9%, Cowen, hold>buy, $100
GE +1.2%
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INTC -13.1%, post earning upset
META -0.7%
MRNA -2.6%
MU -0.5%
NEM +0.3%
NKE -0.4%
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NVDA +1.4%
NVO +2.5%
PAAS +1.5%
PFE -1.5%
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RKLB +0.7%
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SLB +0.1%, EPS 78cents vs 74est. Rev’ y/y +5.0% to $9.74bn vs 9.54est.
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SMR +0.6%
TSLA – 0.2%
UNG +3.1%, with Natgas $5.02
UNH -0.4%
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VIX +2.4% at 16.02
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XOM +0.3%

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Overnight markets

Asian and European markets leaning upward into the weekend…

Japan: +0.3% to 53846
China: +0.3% to 4136
Germany: currently +0.1% at 24885
UK: currently +0.1% at 10163
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Have a good Friday