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The content of this post was created by the Hammerstone Group. The Hammerstone Institutional Forum, a chat-based platform for traders, provides subscribers with up-to-the-minute breaking news headlines and instant analysis that drive the market. For more information please visit www.thehammerstone.com. For more information on the stocks mentioned in the Hammerstone Recap, please contact Brian Ducey at brian@thehammerstone.com.

The Hammerstone Group

March 26, 2020

Early Look: Thursday, March 26, 2020

Stock futures in the U.S. are pointing to a lower open as investors prepare for a historic release of weekly jobless claims which are expected at 8:30 AM. The Department of Labor last week reported the number of first-time filings for unemployment insurance spiked by 70,000 to a two-year high of 281,000.

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The Hammerstone Group

March 12, 2020

Early Look: Thursday, March 12, 2020

Stocks futures are cratering, with overnight circuit breakers kicking in for the second time in a week (limit-down again) after President Trump announced a 30-day travel ban between Europe and the U.S. starting Friday due to the coronavirus outbreak, causing another sharp decline in oil prices down over 6%, with more weakness in travel and leisure related stocks as uncertainty grows about when things can return back to normal.

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The Hammerstone Group

March 5, 2020

Early Look: Thursday, March 5, 2020

The volatility in global stock markets continued overnight with the roller coaster ride in the U.S. taking futures lower this time following a broad market rally on Wednesday that saw major averages top key psychological levels (Dow back above 27K and the Nasdaq above 9K).

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The Hammerstone Group

March 3, 2020

Early Look: Tuesday, March 3, 2020

Stock futures are firmly higher, looking to add to yesterday’s impressive gains as the Dow Jones Industrial Average scored its biggest one day point gain ever and one-day percentage gain in nearly 11 years on Monday, as stocks bounced back sharply from the previous week’s selloff fueled by expectations that policy makers will move to cushion the impact of the COVID-19 outbreak on the global economy.

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The Hammerstone Group

February 18, 2020

Early Look: Tuesday, February 18, 2020

Stock futures are lower across the board, led by a decline in technology names after Dow component and tech giant Apple (AAPL) warned that won’t meet its Q2 financial guidance because the viral outbreak in China has cut production of iPhones.

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The Hammerstone Group

February 13, 2020

Early Look: Thursday, February 13, 2020

Global stocks are pulling back off all-time record highs, as China reported 254 new deaths and 15,152 new cases of the coronavirus, as a different methodology was applied in the hard-hit Hubei province, the fastest rise in the daily count since it started.

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The Hammerstone Group

February 3, 2020

Early Look: Monday, February 3, 2020

Stock futures in the U.S. are pointing to a higher open after plunging on Friday, pushing major averages lower for the week and year as the death toll and number on confirmed cases of the coronavirus rose, adding fears to slowing global growth concerns as travel and leisure stocks remain pressured.

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The Hammerstone Group

January 28, 2020

Early Look: Tuesday, January 28, 2020

U.S. stocks futures are pointing to a slightly higher open, looking to erase the 2-day losing streak that has seen some stocks erase YTD gains as concern over the impact of the deadly coronavirus that originated in China rattled investors.

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The Hammerstone Group

January 21, 2020

Early Look: Tuesday, January 21, 2020

U.S. stocks are moving lower, as reports indicate more than 200 people have been infected by a new coronavirus outbreak, and four have died, which a Chinese government official said can be spread from human to human.

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The Hammerstone Group

January 16, 2020

Early Look: Thursday, January 16, 2020

Stocks futures are moving higher, on track for new record highs for U.S. stocks a day after record setting territory for major averages as Donald Trump signed a US-China trade deal that has allayed fears of an extended trade year.

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The Hammerstone Group

January 9, 2020

Early Look: Thursday, January 9, 2020

U.S. stock futures are adding to yesterday gains, pushing major averages into record territory as tensions over the Middle East fade after U.S. President Donald Trump said he would not take military action in response to Iran launching missiles but not causing any American casualties (though said he would impose heavy sanctions). Iran said it was done with military action in retaliation for the U.S. killing of a top general.

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The Hammerstone Group

January 7, 2020

Early Look: Tuesday, January 7, 2020

U.S. stock futures are edging higher, building on yesterday’s strong rebound which saw the Dow Jones Industrial Average stage a 300-point recovery off its morning lows, as investors took advantage of a small market decline following increased geopolitical tensions between the U.S. and Iran.

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The Hammerstone Group

January 2, 2020

Early Look: Thursday, January 2, 2020

Global stocks are higher, starting the New Year in bullish form, helped overnight after China announced measures to boost its economy after saying it will cut banks’ reserve requirement ratio (RRR) by 50 basis points, effective Jan. 6 (the move would bring the level for big banks down to 12.5%).

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The Hammerstone Group

December 19, 2019

Early Look: Thursday, December 19, 2019

Stocks appear on track for a higher open after closing mixed on the session late Wednesday, with the Dow and S&P 500 falling into the red just minutes before the close snapping the 5-day win streaks for each, while the Nasdaq manages an almost 0.1% increase, closing at a record 8,827.73.

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The Hammerstone Group

December 12, 2019

Early Look: Thursday, December 12, 2019

U.S. futures are pointing to a modestly higher open, looking to add to yesterday’s gains after snapping its two-day losing streak after the Federal Reserve signaled that interest rates will remain unchanged throughout 2020.

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The Hammerstone Group

November 26, 2019

Early Look: Tuesday, Nov. 26, 2019

Stock futures are flat across the board, with major averages maintaining the strong gains from Monday amid no major developments or stories overnight to disrupt the bullish market theme of trade optimism into the holiday shortened week.

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The Hammerstone Group

November 19, 2019

Early Look: Tuesday, November 19, 2019

Stocks are pointing to another higher open, looking to add to the record gains across the board for major averages, with the S&P 500 index looking to add to its current 5-day win streak, build upon positive trade news as the Trump administration issued a 90-day extension allowing U.S. companies to continue doing business with China’s Huawei.

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The Hammerstone Group

November 11, 2019

What’s on Tap Weekly Calendar: Nov. 11 – 15, 2019

Monday November 11th: Economic Calendar: No major economic data released today; 8:15 AM EST Fed’s Rosengren speaks in Ohio. Earnings Calendar: Earnings Before the Open: BATRA, CRR, FOLD, FWONA, LSXMA, NINE; Earnings After the Close: DXC, FGEN, GLIBA, GO, RMTI, UGI

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The Hammerstone Group

November 7, 2019

Early Look: Thursday, November 7, 2019

Stocks futures in the U.S. are jumping, on track to open at fresh new highs for all major averages following reports overnight that China and the U.S. will cancel planned tariffs on each other’s products in stages, with the first agreement due to be signed in the next few weeks.

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