NewsWare's Trade Talk: Friday, April 19

NewsWare‘s Trade Talk

S&P Futures are lower this morning as market react to the big headline of Israel's attack on Iran. The attack was more symbolic in nature and while the S&P fell hard on the news they have since recovered and are setting up for a strong week ahead as Big Tech begins to release earnings. There will be no Fed Speak next week as the Fed officials will be in their blackout period ahead of the FOMC meeting. Last night's earnings announcement from NFLX was positive, but their forward guidance suggests subscriber rates could be peaking. In Europe markets are lower in a reaction to heightened geopolitical tensions. Oil prices surged 4% on news of the Israeli attack but have given back those gains as oil is now trading lower.