This Morning’s Log Entry

Premarket

U.S. equity futures are set to open sharply higher this morning on positive bank earnings reports (JPM in particular), on strong loan growth out of China, on a huge rally in Disney shares (per yesterday’s announcement that its streaming service [that’ll be unprofitable for years btw] is about to come on line), and on news that Chevron has agreed to pony up $33 billion to purchase Anadarko.

As for data releases, import and export prices for March increased above consensus expectations. Futures dipped a few points immediately (still up a bunch) on that inflation tidbit, as there remains heightened sensitivity that a Fed rate hike could come back on the table in the not too distant future.

Bottom line: At least in the premarket, traders, save for the inflation print, like what they’re seeing. And with consumer sentiment and rig counts being the only other notable data releases left to come this morning, I suspect they’ll stay long into the weekend — barring any negative news on trade negotiations, that is.

Share:

Recieve Between the Lines Posts to your Inbox

Sign up for lorem ipsum delores sin.

We care about the protection of your data. Read our Privacy Policy.
vulkan vegas, vulkan casino, vulkan vegas casino, vulkan vegas login, vulkan vegas deutschland, vulkan vegas bonus code, vulkan vegas promo code, vulkan vegas österreich, vulkan vegas erfahrung, vulkan vegas bonus code 50 freispiele, 1win, 1 win, 1win az, 1win giriş, 1win aviator, 1 win az, 1win azerbaycan, 1win yukle, pin up, pinup, pin up casino, pin-up, pinup az, pin-up casino giriş, pin-up casino, pin-up kazino, pin up azerbaycan, pin up az, mostbet, mostbet uz, mostbet skachat, mostbet apk, mostbet uz kirish, mostbet online, mostbet casino, mostbet o'ynash, mostbet uz online, most bet, mostbet, mostbet az, mostbet giriş, mostbet yukle, mostbet indir, mostbet aviator, mostbet casino, mostbet azerbaycan, mostbet yükle, mostbet qeydiyyat