Geopolitical risks drive oil as stocks bounce. Mon, 20 Jul 2026 10:37:20 -0500
Bob Iaccino breaks down the morning's market action, noting that stocks are bouncing despite an uptick in U.S. Treasury yields. He covers the latest movements in silver, copper, and major currencies against a stronger U.S. dollar. Highlighting renewed geopolitical tensions, including U.S.-Iran strikes and shipping concerns, Iaccino explains the recent spike and partial reversal in crude oil prices. He also analyzes the diverging paths of gold and Bitcoin, outlining the different forces driving these markets. Finally, Iaccino previews upcoming earnings reports from major companies and regional banks, alongside key global economic data releases.

S&P 500 futures fell toward monthly lows on expiration Friday. Fri, 17 Jul 2026 15:48:15 -0500
In today's equity index futures markets, the S&P 500 futures traded lower for a second consecutive session, testing the 7,500 handle. On this expiration Friday, high volatility was driven by position rolling across major indices. While early U.S. economic data came in mixed and largely met expectations, broader macro factors weighed heavily on investor sentiment. Geopolitical tensions in the Middle East and a rally in WTI Crude Oil futures to one-month highs added to the market's downside pressure. The tech sector experienced pronounced relative weakness, with the Nasdaq-100 facing notable selling. As a result, major benchmarks gave up their early July momentum, leaving the S&P 500 futures poised to close at a new low for the month.

Tech weakness and ECB rate decision set the tone. Fri, 17 Jul 2026 13:28:44 -0500
The upcoming week tests global markets as the recent 3% drop in the Nasdaq-100 risks pulling broader indices lower. With the Dow and Russell already extending their consecutive weekly declines, investors are closely watching to see if capital rotates back into technology or if the selling pressure persists. Across the Atlantic, the ECB's rate decision and Christine Lagarde's press conference take center stage. Diverging monetary policy narratives between the ECB and the Fed could spark significant volatility across European and U.S. equities, gold, and the U.S. dollar.

Equity index futures fell as chip stocks dragged down markets. Thu, 16 Jul 2026 15:07:42 -0500
Scott Bauer reviews the latest market action, noting that Equity index futures faced downward pressure as a sell-off in chip stocks overshadowed solid corporate earnings and positive banking sector reports. Economic data presented a strong front, with the Philly Fed manufacturing index soaring to a multi-year high of 41.4 in July and weekly jobless claims coming in lower than expected. In the options market, flow shifted back toward puts, indicating a cautious stance among market participants. Meanwhile, Bitcoin futures traded in a tight range near 64,000, a pattern that has historically preceded significant market movements.

Small cap Russell futures consolidated following cooler PPI inflation report Wed, 15 Jul 2026 14:48:32 -0500
Bob Iaccino of Path Trading Partners breaks down price action in September Russell futures as small caps continue to consolidate in a tight range. He discusses the impact of June's wholesale inflation data, which showed the Producer Price Index declining 0.3% month-over-month. Coupled with softer CPI data, the cooling inflation metrics are reducing interest rate expectations, offering relief to rate-sensitive small-cap companies facing floating debt costs.

Markets react to soft inflation and sliding U.S. yields. Wed, 15 Jul 2026 10:00:06 -0500
Bob Iaccino reviews the morning market action as U.S. equities open higher following softer CPI and PPI inflation reports. He covers the latest movements in U.S. Treasury yields, noting significant declines in the two-year, five-year, and ten-year notes, which have shifted probabilities for future rate hikes. Iaccino also previews the upcoming release of the Federal Reserve's Beige Book, highlighting what market participants are looking for regarding pricing power and inflation trends. Finally, he looks ahead to key corporate earnings reports from major market cap companies and upcoming global economic data releases.

Equity index futures finished mixed following sharp cooling in CPI. Tue, 14 Jul 2026 15:59:13 -0500
U.S. equity index futures posted mixed results during Tuesday's session as investors digested conflicting corporate earnings and a stark deceleration in consumer price numbers. While positive bank earnings supported indices, a steep post-earnings sell-off in IBM limited broad-based gains. Macroeconomic data took center stage as the Bureau of Labor Statistics reported a 0.4% monthly decline in CPI, dragging the headline inflation rate down to 3.2% to mark the largest one-month drop since April 2020. The cooler numbers significantly lowered near-term rate expectations for July, though probability metrics still indicate a 60% chance of a September adjustment. Volume dynamics shifted heavily as a result, triggering massive call option surges in the E-mini S&P 500 and Nasdaq-100 contracts alongside notable double-digit growth in digital asset volumes.

Soft U.S. CPI triggers market rally as yields drop Tue, 14 Jul 2026 10:37:39 -0500
Bob Iaccino of Path Trading Partners breaks down the latest U.S. CPI data, which came in weaker than expected and drove a broad rally in risk assets while pushing Treasury yields lower. He also previews upcoming central bank speeches, including Fed Chair Kevin Warsh's testimony before the House Financial Services Committee, and highlights key earnings reports on the horizon from major financial institutions like Morgan Stanley and BlackRock.

E-mini S&P 500 futures fell as oil prices surged 8%. Mon, 13 Jul 2026 15:32:31 -0500
Todd Colvin covers the latest pullbacks in stock index futures as E-mini S&P 500 futures fell under 1% to 7565. Rising oil prices driven by geopolitical tensions in the Middle East bolstered inflation expectations, weighing on equity sentiment. Despite the dip, equity indices remain within 1% of their recent all-time highs. Colvin notes that stock volatility reversed off its year-to-date lows to move higher alongside falling indices. Looking ahead, traders are focused on ADP employment data, CPI figures, and Fed Chair Warsh's upcoming semiannual testimony before the House Financial Services Committee, where market participants will seek clarity on monetary policy.

Inflation data and bank earnings shape the markets. Mon, 13 Jul 2026 10:25:16 -0500
Bob Iaccino breaks down the latest market moves as equities trend lower, led by a decline in the Nasdaq. While gold and silver see losses, copper and crude oil are moving higher amidst global geopolitical tensions. Ahead of a major trading day, Iaccino highlights the upcoming June CPI report, which is expected to show moderating inflation. Investors are also watching for key testimony from the Fed to gauge future policy paths. Additionally, big bank earnings from JPMorgan Chase, Bank of America, and Goldman Sachs are set to shape near-term market expectations and volatility.