U.S. equity index futures were higher this morning. S&P 500 futures were up 23 points in pre-opening trade.S&P 500 futures added 6 point following release of the U.S. February Trade Report at 8:30 AM EDT. Consensus was a deficit of $66.90 billion versus a deficit of $67.40 billion in January. Actual was a deficit of $68.9 billion.Alphabet added $1.59 to $156.51 after the company announced...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 11 points at 8:30 AM EDT. Intel dropped $1.82 to $42.12 after announcing a higher than consensus loss from its foundry businessVanda Pharmaceutical gained $1.20 to $5.11 after receiving FDA approval for Fanapt.Taiwan iShares is expected to open lower after Taiwan was hit by a massive earthquake.Cal-Maine Foods added $...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 21 points at 8:30 AM EDT.PVH dropped $25.48 to $114.25 after the company predicted a drop in fiscal first quarter 2025 revenues. Acord Therapeutics dropped $5.47 to $8.00 after the company filed for bankruptcy protection. Transocean gained $0.29 to $6.66 after WTI crude oil advanced in overnight trade to a six month h...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points at 8:30 AM EDT. June Gold futures gained another $26.80 to US$2,254.80 per ounce in pre-opening trade.Tesla added $1.20 to $176.99 after the company raised the price of its Model Y car in the United States by $1,000.United Parcel Services advanced $2.75 to $151.38 after reaching an air cargo deal to expand its...Read More
Kraft Heinz $KHC an S&P 100 stock moved above $38.07 setting an intermediate uptrend. Walgreens Boots $WBA an S&P 100 stock moved below $20.42 extending an intermediate downtrend. Biogen $BIIB a NASDAQ 100 stock moved below $215.35 extending an intermediate downtrend. Trader's CornerEquity Indices and Related ETFsDaily Seasonal/Technical Equity Trends for March 26th 2024Green: Increa...Read More
Walt Disney $DIS a Dow Jones Industrial Average stock moved above $117.80 extending an intermediate uptrend. DexCom $DXCM a NASDAQ 100 stock moved above $139.55 extending an intermediate uptrend. Allstate $ALL a NASDAQ 100 stock moved above $167.08 to an all-time extending anintermediate uptrend.Accenture $ACN an S&P 100 stock moved below $333.78 extending an intermediate downtrend. Suncor $SU...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 15 points at 8:30 AM EDT. United Airlines dropped $1.83 to $66.34 after the FAA launched an increased oversight on the company's operations. Walt Disney added $1.33 to $117.20 after Barclay's upgraded the stock to Overweight.Zoom added $0.38 to $66.34 after the company launched Zoom Workplace.Masimo advanced $17.87 to...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 9 points at 8:35 AM EDTThe Canadian Dollar was unchanged at US 73.71 following release of Canada's January Retail Sales report at 8:30 AM EDT. Consensus called for a drop of 0.4% versus a gain of 0.9% in December. Actual was a drop of 0.3%.Lululemon dropped $42.34 to $436.50 after forecasting lower than consensus fisc...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 25 points at 8:35 AM EDT.S&P 500 futures slipped 2 points following release of the March Philly Fed Index at 8:30 AM EDT. Consensus was a drop of 5.0 versus a gain of 5.2 in February. Actual was a gain of 3.2.Micron advanced $11.27 to $107.52 after reporting higher than consensus fiscal fourth quarter revenues and...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:30 AM EDTFOMC announces its interest rate decision at 2:00 PM EDT. Consensus calls for no change in the Fed Fund Rate at 5.25%-5.50%. Focus is on comments on timing for an expected reduction in the Rate.Chipotle advanced $81.43 to $2,878.99 after announcing a 50 for 1 stock split. Intel gained $1.42 to $43.4...Read More
U.S. equity index futures traded lower this morning. S&P 500 futures were down 22 points at 8:35 AM EDT.S&P 500 index futures recovered 6 points following release of the February Housing Star Report at 8:30 AM EDT. Consensus was an increase to 1.420 million units from 1.331 million units in January. Actual was an increase to 1.52 million units.The Canadian Dollar dropped 0.20 to US73.49 fo...Read More
U.S. equity index futures moved higher this morning. S&P 500 futures were up 41 points at 8:30 AM EDT.Apple gained $0.86 to $173.48 and Alphabet advanced $7.76 to $149.93 after announcing a possible joint venture with Alphabet to include Artificial Intelligence in its next iPhone.Tesla added $5.27 to $108.84 after announcing a price increase in the United States for its Model Y vehicle. T...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points at 8:35 AM EDTVolume and volatility in U.S. equity markets is expected to be exceptionally high today. March options tied to more than $5 trillion in stocks, exchange-traded funds and equity indexes are set to expire today during the quarterly triple witching.Equity index futures were unchanged following relea...Read More
Equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:35 AM EDT.S&P 500 futures dropped 7 points following release of economic news at 8:30 AM EDT.February U.S. Producer Price Index was expected to increase 0.3% versus a 0.3% increase in January. Actual was an increase of 0.6%. On a year-over-year basis, February PPI was expected to increase 1.1% versus a ga...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 3 points at 8:30 AM EDT.Dollar Tree dropped $11.93 to $137.76 after reporting lower than consensus fiscal fourth quarter earnings.Petco Health & Wellness added $0.09 to $2.65 after reporting higher than consensus fiscal fourth quarter revenues. Vera Bradley dropped $0.15 to $6.96 after reporting a fourth quarter l...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 19 points at 8:35 AM EDT.Index futures added 7 points following release of the February U.S. Consumer Price Index at 8:30 AM EDT. Consensus was an increase of 0.4% versus a gain of 0.3% in January. Actual was an increase of 0.4%. On a year-over-year basis, consensus was an increase of 3.1% versus a 3.1% increase in Jan...Read More
U.S. equity index futures were down this morning. S&P 500 futures were down 23 points at 8:30 AM EDT.Bitcoin added 2,618.55 to an all-time high at 71,642.09Comcast added $0.04 to $42.62 after its film Oppenheimer won 7 Oscars last night.Boeing dropped $2.59 to $195.90 after the Department of Justice launched a criminal investigation on the Alaska Airline 737 door plug blow out. The Botto...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points at 8:35 AM EST.Index futures advanced 14 points following release of the February Non-farm Payrolls at 8:30 AM EST. Consensus was a drop to 198,000 from a downwardly revised 229,000 in January. Actual was 275,000 Consensus for the February Unemployment Rate was unchanged from January at 3.7%. Actual was an inc...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 20 points at 8:30 AM EST.European Central Bank announced at 8:15 AM EST an extension of its lending rate to major banks at 4.50%.Victoria's Secret dropped $4.42 to $21.20 after forecasting fiscal first quarter revenues below consensus.Big Lots dropped $0.34 to $4.69 after reporting a widening fourth quarter loss.Ciena...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 27 points at 8:30 AM EST.Bank of Canada's statement on the Bank Rate offered to major Canadian banks is released at 9:45 AM EST. Press conference is offered at 10:30 AM EST. No change in the lending rate at 5.00% for major Canadian banks is expected.Federal Reserve Chairman Powell testifies before Congress at 10:00 AM...Read More