June 10, 2025

Markets:

Stock futures were little changed Tuesday as investors waited for more insight on trade discussions between the U.S. and China.

Talks between U.S. and Chinese officials in London are continuing for the second day. U.S. Commerce Secretary Howard Lutnick said on Tuesday that the discussions are “going well, and we’re spending lots of time together” and that he expects the talks to continue all day.

Traders are monitoring the discussions for signs of a deal that doesn’t involve the countries enforcing lofty tariffs on one another. Both nations agreed last month to temporarily slash their duties, which was seen as a major breakthrough in trade negotiations after U.S. President Donald Trump unveiled his plan for broad and steep levies on imports.

Investors will watch Tuesday for small business data due in the morning. That comes ahead of closely watched reports on consumer and producer inflation slated for later in the week.

Those moves follow a muted day on Wall Street as investors kept an eye on the trade talks. The S&P 500 and Nasdaq posted slight gains on Monday, while the Dow ended marginally below the flatline.

Portfolio:

Great start to the week for us and we enter the new day holding setups in QUBT, BBAI, and LCID..  We want to see SPY push and hold 600.  IWM is pushing.  Q's are pushing.  Need spy to push and volume to come in.  

Really straight forward today.  The 600 is key and will dictate flow.  Not pressing here until we see a clear move.  Be ready today.