U.S. equity index futures were lower this morning. S&P 500 futures were down 78 points at 8:35 AM EST.The Canadian Dollar added 0.02 to US72.39 cents following release of Canada's March Retail Sales at 8:35 AM EDT. Consensus was a 0.3% increase versus a 0.4% decline in February. Actual was a 0.8% increase.Apple dropped $5.17 to $196.33 after President Trump threatened tariffs on products produ...Read More
Next report is scheduled to be released on Tuesday, May 27th. U.S. exchanges are closed on Monday for the Memorial Day holiday.Technical Notes20 year+ Treasury Bond iShares $TLT briefly moved below $83.71 extending an intermediate downtrend.Toronto Dominion Bank $TD.TO a TSX 60 stock moved above Cdn$92.39 to an all-time high extending an intermediate uptrend. Responded to better than expecte...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 31 points at 8:30 AM EDT.Snowflake advanced $13.00 to $192.29 after reporting higher than consensus first quarter results.Urban Outfitters added $2.99 to $62.59 after reporting higher than consensus first quarter revenues and earnings. Zoom gained $2.43 to $84.70 after reporting higher than consensus first quarter rev...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 35 points at 8:30 AM EDT. Futures responded to news that Israel is planning an attack on Iran's nuclear facilities.Toll Brothers added $5.59 to $110.10 after reporting higher than consensus fiscal second quarter revenues. The company also offered positive guidance.Palo Alto dropped $7.48 to $187.00 after reporting thi...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 15 points at 8:35 AM EDT. The Canadian Dollar added 0.13 to U.S.71.76 cents following release of Canada's April Consumer Price Index at 8:30 AM EDT. Consensus was a 0.2% drop. Actual was a 0.1% drop. On a year-over-year basis, consensus was a 1.6% increase versus a 2.3% gain in March. Actual was a 1.7% increase.Home D...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points at 8:35 AM EDT.S&P 500 futures recovered 7 points following release of economic news at 8:30 AM EDT. Consensus for April U.S. Producer Prices was a 0.3% increase versus a 0.4% gain in March. Actual was a 0.5% drop. Excluding food and energy, consensus for April U.S. Producer Prices was a 0.3% gain versus...Read More
Equity index futures were higher this morning. S&P 500 futures were up 20 points at 8:35 AM EDT.S&P 500 futures slipped 4 points following release of U.S. April Housing Starts at 8:30 AM EDT. Consensus was an increase to 1.370 million units from 1.324 million units in March. Actual was 1.361 million unitsToday is the last trading day for listed May options, futures and futures options. Loo...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 16 points at 8:30 AM EDT.American Eagle Outfitters $AEO dropped $2.09 to $10.63 after withdrawing guidance. The company also announced an inventory write down valued at $75 million.Exelixis gained $2.35 to $39.30 after reporting higher than consensus first quarter results. The company also raised guidance. Super Micro...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were up 9 points at 8:35 AM EDT.S&P 500 futures added 12 points following release of April U.S. Consumer Price Index at 8:30 AM EDT. Consensus was a 0.3% increase versus a 0.1% drop in March. Actual was a 0.2% gain. Consensus for core CPI was a 0.3% gain versus a 0.1% gain in March. Actual was a 0.2% gain. Several Wall Stre...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 83 points at 8:30 AM EDT. Futures responded to news that China and the U.S. have reached a 90 day truce on tariff increases.Notably higher on tariff news were technology stocks and related Exchange Traded Funds. Technology SPDRs (XLK) jumped $10.49 to $229.09.Apple advanced $12.27 to $210.80 on news that the company is...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 16 points at 8:35 AM EDT.The Canadian Dollar was unchanged at US71.88 following release of Canada's April Employment Report at 8:30 AM EDT. Consensus was a 5,000 employment gain versus a 32,600 gain in March. Actual was a 7,400 gain. Consensus for the April Unemployment Rate was 6.7%, unchanged from March. Actual was a...Read More
U.S. equity futures were higher this morning. S&P 500 futures were up 49 points at 8:35 AM EDTS&P 500 futures were unchanged following release of U.S. First Quarter Non-farm Productivity at 8:30 AM EDT. Consensus was a 0.8% drop versus a 1.5% gain in the fourth quarter of 2024. Actual was a 0.8% drop.ARM Holdings dropped $13.99 after issuing a less than consensus outlook.CF Industries adva...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 18 points at 8:30 AM EDT. Investors responded to news that the U.S. and China have started trade negotiations.Focus today is the FOMC's decision on the Fed Fund Rate released at 2:00 PM EDT. Consensus calls for no change at 4.50%.Mosaic added $0.70 to $31.15 after reporting higher than consensus first quarter results.A...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 45 points at 8:30 AM EDT.Crude oil dropped $0.74 to $57.55 per barrel after OPEC announced plans to increase production. Netflix dropped $52.69 to $1,103.80 after President Trump announced plans to place a tariff on films produced outside of the United States. Berkshire Hathaway dropped $12.30 to $527.50 after Warren...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 51 points at 8:35 AM EDT.S&P 500 futures dropped an additional 4 points following release of the U.S. March Trade Report at 8:30 AM EDT. Consensus was a $137.6 billion deficit. Actual was a $140.5 billion deficit.Clorox dropped $3.92 to $134.47 after weaker than consensus sales in the second quarter.Vertex dropped...Read More
Dow Jones Industrial Average moved above 40,791.18 and Dow Jones Industrial Average SPDRs ($DIA) moved above $407.82 completing double bottom patterns.Microsoft $MSFT a Dow Jones Industrial Average stock moved above $393.23 and $396.36 completing a Reverse Head & Shoulders pattern.Meta Platforms $META an S&P 100 stock moved above $587.89 completing a double bottom pattern.Advanced Micro De...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 57 points at 8:30 AM EDT.Dow Jones Industrial Average ($INDU) is expected to open above intermediate resistance at 40,791.18 completing a double bottom pattern following release of better than consensus quarterly results after the close yesterday by Microsoft and Meta Platforms.Microsoft advanced $34.24 to $429.50 afte...Read More
commodities chartsMCX Comodities charts and detail :Free Commodities Charts, Quotes, Commodities Analysis & Commentary for Futures and Options Traders.The term commodity is specifically used for an economic good or service when the demand for it has no qualitative differentiation across a market.[3] In other words, a commodity good or service has full or partial but substantial fungibility; th...Read More
U.S. equity index futures were lower this morning. S&P 500 futures dropped 45 points at 8:35 AM EDTS&P 500 futures dropped 10 points following release of first quarter U.S. annualized GDP in the first quarter at 8:30 AM EDT. Consensus was a 0.4% increase versus a 2.4% gain in the fourth quarter. Actual was a 0.3% drop The Canadian Dollar was unchanged at US72.28 cents following release of...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points at 8:30 AM EDT.The Canadian Dollar slipped 0.05 to US72.26 cents following release of initial results from the Canadian federal election.F5 advanced $6.93 to $272.00 after reporting higher than consensus first quarter results.Cadence Design Systems gained $7.76 to 293.50 after reporting higher than consensus...Read More