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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

August 6, 2019

Early Look: Tuesday, August 6, 2019

Stocks in the U.S. are pointing to a solid rebound, looking to snap the week-long losing streak for the S&P 500 index, as China took steps to limit the yuan’s decline, putting a stop to the global selloff. Asian stock markets opened sharply lower on Tuesday and the offshore renminbi hit a new trough in early trading after the Trump administration labelled China a currency manipulator.

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The Hammerstone Group

July 30, 2019

Early Look: Tuesday, July 30, 2019

Stock futures are slipping following mixed trading yesterday as investors await the Federal Reserve’s decision on Wednesday—widely expected to be an interest-rate cut. Asian markets gained in early trading Tuesday, ahead of the first round of trade negotiations between the U.S. and China since early May and following dovish guidance from the Bank of Japan.

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The Hammerstone Group

July 25, 2019

Early Look: Thursday, July 25, 2019

Stock futures are mixed, with the Dow futures getting a lift behind better earnings from MMM, while the Nasdaq Comp futures are lower following a rough night of earnings and guidance, especially in the software and chip sector, with shares of NOW, PTC, XLNX, CTXS all sliding, though FB shares rallied behind a strong gains in quarterly sales and users, as TSLA shares dropped over 11% on its results.

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The Hammerstone Group

July 16, 2019

Early Look: Tuesday, July 16, 2019

U.S. stock futures are flat across the board, as the U.S. dollar advanced against most top tier peers ahead of key U.S. retail sales and factory data later this morning, as major stock averages continue to hold at recently achieved all-time highs into the start of earnings season. In Asian markets, The Nikkei Index fell -150 points to 21,535, the Shanghai Index dipped -4 points to 2,937 and the Hang Seng Index rose 64 points to 28,619.

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The Hammerstone Group

July 8, 2019

What’s on Tap Weekly Calendar

Monday July 8th -Economic Calendar: 3:00 PM EST Consumer Credit for May;Earnings Calendar: Earnings Before the Open: AZZ; Earnings After the Close: None

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The Hammerstone Group

July 2, 2019

Early Look: Tuesday, July 2, 2019

U.S. stock futures are trading slightly lower, with the S&P trading in a narrow ten-point range overnight (2,972 high and 2,959.75 low) a day after major U.S. averages traded to their best levels ever. U.S. stocks climbed to fresh record highs on Monday (its 6th all-time closing high for the S&P 500 Index of 2019) after a thaw in trade relations between the U.S. and China sparked a rally in shares of tech companies.

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The Hammerstone Group

June 27, 2019

Early Look: Thursday, June 27, 2019

Stocks futures are mixed, as the Dow Industrial futures slide being led by weakness in Boeing (BA), with shares down over 5% after tests on its currently grounded 737 Max have revealed a new safety risk and U.S. regulators are ordering the company to make additional design changes.

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The Hammerstone Group

June 24, 2019

What’s on Tap Weekly Calendar

Monday June 24th Economic Calendar: 8:30 AM EST Chicago Fed Nat Activity Index for May; 8:45 AM EST Fed’s Williams makes opening remarks at Finance Forum

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The Hammerstone Group

June 17, 2019

What’s on Tap Weekly Calendar

Monday June 17th – Economic Calendar: 8:30 AM EST Empire Manufacturing for June; 10:00 AM EST NAHB Housing Market Index for June; 4:00 PM EST Net Long-term TIC Flows for April.

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The Hammerstone Group

June 13, 2019

Early Look: Thursday, June 13, 2019

U.S. futures point to a bounce after slipping for a second straight session on Wednesday, dragged down by weaker energy and financial stocks (on lower oil and rising interest cut expectations), but look to steady ahead of jobless claims and import data later this morning. Oil prices surged today after reports of an attack on two tankers near Iran, boosting the region’s oil stocks.

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The Hammerstone Group

June 10, 2019

What’s on Tap Weekly Calendar

Monday June 10th – Economic Calendar;10:00 AM EST, JOLTs Job openings for April Earnings Calendar: Earnings Before the Open: FGP, SHLO, THO; Earnings After the Close: ADXS, ASNA, CASY, ENZ, LAKE, LOVE

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The Hammerstone Group

June 6, 2019

Early Look: Thursday, June 6, 2019

Stocks in the U.S. are on track to rise for a third straight day, building on recent gains amid hopes of lower interest rates from the Fed this year as well as bets that the U.S. will reach a deal with Mexico this week to avoid getting hit with tariffs.

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The Hammerstone Group

June 3, 2019

What’s on Tap Weekly Calendar

Monday June 3rd – Economic Calendar: 9:45 AM EST Markit US Manufacturing PMI, May-F; 10:00 AM EST ISM Manufacturing for May; 10:00 AM EST Construction Spending MoM for April
;12:40 PM EST Fed’s Barkin speaks to Charlotte Economics Club; 1:25 PM EST Fed’s Bullard speaks in Chicago

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The Hammerstone Group

May 30, 2019

Early Look: Thursday, May 30, 2019

U.S. stock-index futures are tracking higher, looking to rebound along with the bounce in European equities as markets look to steady ahead of key economic data today. The yield on the benchmark 10-year Treasury held near the lowest level since 2017 (now up around 2.26% after falling to 2.21% yesterday), while the dollar edges higher.

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The Hammerstone Group

May 28, 2019

Early Look: Tuesday, May 28, 2019

U.S. stocks are pointing to a lower open Monday, trying to rebound after stocks slumped last week, with the Dow Jones Industrial Average extending its losing streak for a fifth straight week heading into the Memorial Day weekend, though U.S. stocks gained on Friday on renewed signs of progress in trade negotiations between the U.S. and China. Crude oil rebounded from its biggest one-day loss of the year but still ended the week sharply lower.

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The Hammerstone Group

May 23, 2019

Early Look – 5-23-19

U.S. futures are sharply lower, with global markets feeling pain overnight as the war of words between China and the U.S. intensifies. Overnight a top Chinese government researcher said that a trade war may last until 2035, predicting a cycle of “fighting and talking.” Bloomberg also noted that Goldman Sachs Group Inc., Nomura Holdings Inc. and JPMorgan Chase and Co. are among those pricing-in a greater chance of a protracted trade war. Meanwhile, the South China Morning Post reported that tensions are forcing China to rethink its entire economic relationship with the U.S. Lots of negativity weighing on stock market sentiment, as global markets are lower.

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The Hammerstone Group

May 20, 2019

What’s on Tap Weekly Calendar

Monday May 20th Economic Calendar: 8:30 AM EST Chicago Fed Nat Activity Index for April Earnings Calendar: Earnings Before the Open: AZZ, IGT, SPTN Earnings After the Close: NDSN

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The Hammerstone Group

May 13, 2019

What’s on Tap Weekly Calendar

Monday, May 13th Economic Calendar: No Major Economic Data Released Today Earnings Calendar:Earnings Before the Open: None Earnings After the Close: LM, MIME, PACD, STE, TTWO

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The Hammerstone Group

May 6, 2019

What’s on Tap Weekly Calendar

Monday May 6thEconomic Calendar: 9:30 AM EST Fed’s Harker speaks on the Economic Outlook Earnings Calendar:Earnings Before the Open: AMG, BHC, CEVA, KELYA, KOS, PETSEarnings After the Close: AEIS, AIG, AIZ, APU, BE, CBT, CDEV, CDXS, COHU, CPE, DCP, EVER, FMC, FRAC, GLUU, HIIQ, HTZ, IPAR, LCI, MASI, MOS, MWA, NLS, OXY, PAHC, PXD, RNG, RP, SKT, SYKE, TACO, TDW, VECO

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The Hammerstone Group

April 29, 2019

What’s on Tap Weekly Calendar

Monday April 29thEconomic Calendar: 8:30 AM EST Personal Income for March 8:30 AM EST Personal Spending for March8:30 AM EST PCE Deflator MoM for March8:30 AM EST PCE Core Deflator MoM for March8:30 AM EST PCE Core Deflator YoY for March10:30 AM EST Dallas Fed Manufacturing Activity for April

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The Hammerstone Group

April 25, 2019

Early Look April 25, 2019

U.S. stock futures are now lower, as Dow futures tumble after Dow component MMM reported a miss on the top and bottom line and drastically cut its outlook for the year (sending shares down over 7%). Overnight however, tech stocks had rallied behind better earnings from market leaders Facebook and Microsoft along with a handful of other names..

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The Hammerstone Group

April 22, 2019

What’s on Tap Weekly Calendar

Monday April 22nd Economic Calendar: 8:30 AM EST Chicago Fed Nat Activity Index for March 10:00 AM EST Existing Home Sales MoM for March Earnings Calendar: Earnings Before the Open: AVX, GWW, HAL, KMB, LII, STLD, TCF Earnings After the Close: BRO, CDNS, CE, HLX, RMBS, RRC, WHR, ZION

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