Outlook 02/21: Stock futures are little changed after Thursday’s sell-off. Traders are coming off a losing session in which the SP500 lost 0.4% and retreated from its recent all-time highs, while the Nasdaq fell nearly 0.5%. Investors pointed to a smattering of reasons behind the market’s sell-off in addition to Walmart’s 6.5% dip, including lingering inflationary concerns and declines in shares of Palantir. More broadly, fears about stubborn inflation have reemerged, and President Donald Trump’s threatened tariffs on Mexican and Canadian goods and on all steel and aluminum imports loom. Friday’s economic data releases, which include the latest purchasing managers index readings and January’s existing home sales, will point equities in a direction to end the week.
ESH25 (MAR2025): YVAH 6133 YPOC 6118 YVAL 6107 GAP 6131
/ES Plan: Yesterday market closed bullish above value, and overnight looks balanced, still moving above previous value, so these're the opening and initial balance options for current session:
