Outlook 08/05: Stock futures are flat early Tuesday, as investors followed the latest batch of corporate earnings. Palantir jumped 6% as the defense technology company said revenue surpassed $1 billion for the first time. On the other hand, Caterpillar posted weaker-than-expected earnings, sending the shares lower. Markets seem are now entering a ‘bad news is bad news’ environment with weaker economic data weighing more on performance than the positive vibes from rising expectations of Fed cuts. While market expectations are rising for the Federal Reserve to restart its easing cycle in September, weaker economic data is beginning to worry investors that the central bank is far behind the curve at the same time as tariff induced inflation.
ESU25 (SEP2025): YVAH 6359 YPOC 6348 YVAL 6330 GAP 6364
/ES Plan: Yesterday market closed bullish (PBT 6445), but overnight action looks balanced, moving a few ticks above previous value, so these're the opening and initial balance options for current session:
