Pre-opening Comments for Thursday November 14thU.S. equity index futures were mixed this morning. S&P 500 futures were down 1 point at 8:35 AM EDT.S&P 500 futures dropped 8 points following release of the October U.S. Producer Price Index at 8:30 AM EST. Consensus was a 0.2% increase versus no change in September. Actual was a 0.2% increase. On a year-over-year basis, consensus was a 2.3%...Read More
India ETFs $INDA and $PIN moved below intermediate support extending an intermediate downtrend.The U.S. Dollar Index and its related Exchange Traded Note, UUP continued moving higher in anticipation of Trump's trade proposals to favour U.S. produced goodsStrength in the U.S. Dollar prompted weakness precious metals and base metals equities and related ETFs including GDX, XGD.TO, PICK and XBM.TO. M...Read More
Retail SPDRs $XRT moved above $79.92 to a 33 month high extending an intermediate uptrend. More from the network: Stock Market Outlook for November 25, 2024Stock Market Outlook for November 22, 2024Stock Market Outlook for November 21, 2024Stock Market Outlook for November 20, 2024Stock Market Outlook for November 19, 2024Read More
All-time highs were recorded by broadly based U.S. equity indices following the election of Donald Trump as President. On Friday, the S&P 500 Index exceeded the 6,000 level and the Dow Jones Industrial Average exceeded 44,000.U.S. equity index futures are tracking their historic seasonal pattern following a U.S. Presidential election once a definite result has been determined. Historically, st...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures down 2 points at 8:35 AM EST.The Canadian Dollar was unchanged at US71.90 cents following release of Canada's October Employment Report at 8:30 AM EST. Consensus was a 27,200 increase versus a 46,700 gain in September. Actual was a 14,500 increase. Consensus was an increase in the Unemployment to 6.6% from 6.5% in September. Ac...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures down 2 points at 8:35 AM EST.The Canadian Dollar was unchanged at US71.90 cents following release of Canada's October Employment Report at 8:30 AM EST. Consensus was a 27,200 increase versus a 46,700 gain in September. Actual was a 14,500 increase. Consensus was an increase in the Unemployment to 6.6% from 6.5% in September. Ac...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:30 AM EDT.Federal Open Market Committee announces an outlook on the U.S. economy at 2:00 PM EST. Consensus calls for announcement of a 0.25% drop in the Fed Fund Rate. A Press Conference offering reasons for its decision is scheduled for 2:30 PM ESTGilead gained $2.51 to $94.20 after reporting higher tha...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:30 AM EDT.Federal Open Market Committee announces an outlook on the U.S. economy at 2:00 PM EST. Consensus calls for announcement of a 0.25% drop in the Fed Fund Rate. A Press Conference offering reasons for its decision is scheduled for 2:30 PM ESTGilead gained $2.51 to $94.20 after reporting higher tha...Read More
U.S. equity index futures were higher this morning. At 8:30 AM EST, S&P 500 futures advanced 132.75 points to an all-time high at 5,945.00.Trump Media advanced $12.28 to $46.22 after Donald Trump won the election for President.Super Micro dropped another $4.04 to 23.66 after the company failed to indicate when it will file its annual report. The company also was unable to offer guidance. CVS H...Read More
U.S. equity index futures were higher this morning. At 8:30 AM EST, S&P 500 futures advanced 132.75 points to an all-time high at 5,945.00.Trump Media advanced $12.28 to $46.22 after Donald Trump won the election for President.Super Micro dropped another $4.04 to 23.66 after the company failed to indicate when it will file its annual report. The company also was unable to offer guidance. CVS H...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points at 8:35 AM EDT.S&P 500 futures were unchanged following release of the September U.S. Trade Report at 8:30 AM EST. Consensus was $84.0 deficit versus $70.40 billion deficit in August. Actual was $84.4 billion deficit. Dollar Tree advanced $4.24 to $71.05 after its Chief Executive Officer steeped down.Rest...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points at 8:35 AM EDT.S&P 500 futures were unchanged following release of the September U.S. Trade Report at 8:30 AM EST. Consensus was $84.0 deficit versus $70.40 billion deficit in August. Actual was $84.4 billion deficit. Dollar Tree advanced $4.24 to $71.05 after its Chief Executive Officer steeped down.Rest...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points at 8:30 AM EDT.Nvidia added $2.93 to $138.30 on news that the stock will join the Dow Jones Industrial Average at the opening of trade on November 8th. Nvidia will replace Intel. Intel dropped $0.31 to $22.89.Apple dropped $1.50 to $221.41on news that Berkshire Hathaway has reduced its position in the stock.Ma...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points at 8:30 AM EDT.Nvidia added $2.93 to $138.30 on news that the stock will join the Dow Jones Industrial Average at the opening of trade on November 8th. Nvidia will replace Intel. Intel dropped $0.31 to $22.89.Apple dropped $1.50 to $221.41on news that Berkshire Hathaway has reduced its position in the stock.Ma...Read More
U.S equity index futures were higher this morning. S&P 500 futures were up 26 points at 8:35 AM EDT.S&P 500 futures added 5 points following release of the October Employment Report at 8:30 AM EDT. Consensus for Non-farm Payrolls was 100,000 versus 254,000 in September. Actual was 12,000. Consensus for the Unemployment Rate was unchanged from September at 4.1%. Actual was unchanged....Read More
U.S equity index futures were higher this morning. S&P 500 futures were up 26 points at 8:35 AM EDT.S&P 500 futures added 5 points following release of the October Employment Report at 8:30 AM EDT. Consensus for Non-farm Payrolls was 100,000 versus 254,000 in September. Actual was 12,000. Consensus for the Unemployment Rate was unchanged from September at 4.1%. Actual was unchanged....Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 37 points at 8:35 AM EDT.S&P 500 futures slipped 3 points following release of September U.S. Personal Income at 8:30 AM EDT. Consensus was a 0.4% increase versus a 0.2% gain in August. Actual was a 0.3% increase. Consensus for September U.S. Personal Spending was a 0.4 increase versus a 0.2% gain in August. Actua...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 37 points at 8:35 AM EDT.S&P 500 futures slipped 3 points following release of September U.S. Personal Income at 8:30 AM EDT. Consensus was a 0.4% increase versus a 0.2% gain in August. Actual was a 0.3% increase. Consensus for September U.S. Personal Spending was a 0.4 increase versus a 0.2% gain in August. Actua...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:35 AM EDT Index futures were unchanged following release of third quarter GDP at 8:30 AM EDT. Consensus calls for a 3.1% annualized growth rate versus a 3.0% growth rate in the second quarter. Actual was 2.8%. Chipotle dropped $2.20 to $58.19 after reporting less than consensus third quarter revenues. Visa...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:35 AM EDT Index futures were unchanged following release of third quarter GDP at 8:30 AM EDT. Consensus calls for a 3.1% annualized growth rate versus a 3.0% growth rate in the second quarter. Actual was 2.8%. Chipotle dropped $2.20 to $58.19 after reporting less than consensus third quarter revenues. Visa...Read More