U.S. equity index futures were higher this morning. S&P 500 futures were up 19 points at 8:35 AM EST.S&P 500 futures added 11 points following release of the November Consumer Price Index at 8:30 AM EST. Consensus called for a 0.3% gain versus a 0.2% gain in October. Actual was a 0.3% gain. On a year-over-year basis, consensus called for a 2.7% gain versus a 2.6% gain in October. Actual wa...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:35 AM EST.Index futures were unchanged following release of the third quarter U.S. Non-Productivity Report at 8:30 AM EST. Consensus was growth at a 2.2% annual rate versus a downwardly revised 2.2% annual rate in the second quarter. Actual was 2.2%Oracle dropped $10.80 to $179.65 after reporting less than c...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 3 points at 8:30 AM ESTInterpublic advanced $4.20 to $33.46 on reports that it will merge with Omnicom.Apollo gained $11.15 to $189.00 on news that its shares will join the S&P 500 on December 23rdWorkday added $24.08 to $290.50 on news that its shares will join the S&P 500 on December 23rdEquityClock's Stock...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points at 8:35 AM EST.Index futures advanced 11 points following release of the November U.S. Employment Report at 8:30 AM EST. November Non-farm Payrolls were expected to increase 220,000 versus a gain of 12,000 in October. Actual was 227,000. November Unemployment Rate was expected to remain unchanged from October...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were down 2 points at 8:30 AM ESTFive Below added $11.53 to $116.50 after reporting higher than consensus third quarter results. The company also offered positive guidance.American Eagle Outfitters dropped $2.85 to $17.69 after reporting less than consensus third quarter revenues. The company also lowered fourth quarter guidanc...Read More
NASDAQ Composite Index moved above 19,316.07 and NASDAQ 100 Trust $QQQ moved above $515.58 to an all-time high extending an intermediate uptrend.Trade Desk $TTD a NASDAQ 100 stock moved above $132.65 to an all-time high extending an intermediate uptrend. Trader's CornerEquity Indices and Related ETFsDaily Seasonal/Technical Equity Trends for December 2nd 2024Green: Increase from previous dayRed: D...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 17 points at 8:30 AM EST.Salesforce.com advanced $18.48 to $349.91 after reporting higher than consensus third quarter revenues. UnitedHealth Group dropped $5.23 to $600.00 after offering lower than consensus fourth quarter guidancePure Storage advanced $14.32 to $67.86 after reporting higher than consensus third quart...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points at 8:30 AM ESTHoneywell dropped $6.95 to $223.00 after lowering fourth quarter guidance. Zscaler dropped $16.11 to $191.96 after issuing lower fiscal first quarter guidance. Tesla dropped $6.29 to $350.80 after a judge rejected approval of Elon Musk's proposed pay package.Microchip Technology dropped $2.39 to...Read More
South Korea iShares $EWY moved below $55.69 extending an intermediate downtrend. Units responded to news that the government invoked emergency martial law. Units subsequently recovered on news that the President lifted the martial law order.Meta Platform $META an S&P 100 stock moved above $602.95 to an all-time high extending an intermediate uptrend.Trader's CornerEquity Indices and Related ET...Read More
Pre-opening Comments for Monday December 2ndU.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:30 AM EST.Tesla added $5.77 to $350.90 after the company rolled out a new version of self-driving software.Stellantis dropped $1.16 to $12.04 after Chief Executive Officer Carlos Tavares resigned. Nvidia dropped $0.95 to $137.90 after the U.S. placed more curbs on...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:30 AM EST.U.S. equity markets are scheduled to close today at 1:00 PM EST. U.S. bond markets are scheduled to close at 2:00 PM EST.ASML added $15.20 to $642.90 on news that a crackdown by the U.S. on sales of semiconductor chip sales to China will be less severe than forecast. EquityClock's Stock Market...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down points at 8:35 AM EST.U.S. equity index futures were unchanged following release of economic news at 8:30 AM EST. Consensus for third quarter annualized third quarter U.S. GDP was a 2.8% gain versus a 3.0% gain in the second quarter. Actual was 2.8%. Consensus for October Durable Goods Orders was up 0.5% versus unchan...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 11 points at 8:30 AM EST.The Canadian Dollar dropped 0.64 to a four year low at US70.86 cents after President-elect Trump proposed a 25% tariff on goods exported from Canada and Mexico to the U.S. Semtech added $6.88 to $60.32 after reporting higher than consensus third quarter revenues. Kohl's dropped $0.87 to $17.47...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 30 points at 8:30 AM EST.Canadian energy stocks and related Exchange Traded Funds are expected to open higher after President Elect Trump said that he is ready to revive construction of the Keystone XL pipeline.Robinhood Markets advanced $1.41 to $38.15 after Morgan Stanley upgraded the stock to buy.Bath and Body Works...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 3 points at 8:30 AM EST.Gap Stores added $3.36 to $25.37 after offering positive guidance for the Christmas season sales.Ross Stores gained $10.29 to $153.25 after reporting higher than consensus third quarter results.NetApp advanced $6.82 to $133.50 after reporting higher than consensus fiscal second quarter earnings...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 31 points at 8:35 AM EST.S&P 500 futures added 8 points following release of the November Philly Fed Index at 8:30 AM EST. Consensus was 6.3, down from 10.3 in October. Actual was -5.5Nvidia dropped $2.44 to $143.45 despite reporting higher than consensus third quarter results and despite positive fourth quarter gu...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points at 8:30 AM EST.La-Z-Boy's added $1.00 to $43.31 after reporting higher than consensus fiscal second quarter revenues and earnings. Verex gained $0.49 to $15.05 after reporting higher than consensus fiscal fourth quarter results.Target dropped $25.98 to $128.95 after reporting less than consensus third quarter...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 30 points at 8:35 AM EST. Futures responded to news that the U.S. approved the use of U.S. supplied weapons by Ukraine against Russia.S&P 500 futures dropped 8 points following release of the U.S October Housing Starts report at 8:30 AM EST. Consensus was a slip to 1.340 million units from 1.354 million units in S...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points at 8:30 AM EST.Morgan Stanley raised its 2025 target price for the S&P 500 Index to 7,400.Tesla added $21.27 to $341.93 on news that the Trump team plans to create rules for self-driving cars.Nvidia dropped $3.15 to $138.83 on concerns that its new Blackwell chip tends to overheat. Super Micro Computer ad...Read More
U.S. equity indices were lower this morning. S&P 500 futures were down 34 points at 8:35 AM ESTS&P 500 futures dropped another 3 points following release of economic news at 8:30 AM EDT. Consensus for October Retail Sales was a 0.3% increase versus a revised 0.8% gain in September. Actual was a 0.4% gain. Consensus for the November Empire State Manufacturing Survey was -0.30 versus -11.90...Read More