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
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
U.S. equity index futures were lower this morning. S&P 500 futures were down 4 points at 8:30 AM EDT.Domino's Pizza dropped $12.35 to $475.23 after reporting less than consensus first quarter revenues.AbbVie added $0.26 to $186.32 after reporting higher than consensus first quarter earnings. Nvidia dropped $1.63 to $109.38 after Huawei launched a new chip called Ascend 9100 that will compete a...Read More
Netflix $NFLX a NASDAQ 100 stock moved above $1,064.50 to an all-time high extending an intermediate uptrend.Take Two Interactive $TTWO a NASDAQ 100 stock moved above $220.93 to an all-time high extending an intermediate uptrend.Trader's CornerEquity Indices and Related ETFsDaily Seasonal/Technical Equity Trends for April 24th 2025Green: Increase from previous dayRed: Decrease from previous daySou...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 14 points at 8:30 AM EDT.Alphabet advanced $3.06 to $161.47 after reporting higher than consensus first quarter results.Schlumberger dropped $0.63 to $34.30 after reporting less than consensus first quarter earnings. Agnico-Eagle Mines added $1.73 to US$121.36 after reporting higher than consensus first quarter result...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 5 points at 8:35 AM EDT.S&P 500 futures recovered 7 points following release of the March Durable Goods Orders report at 8:30 AM EDT. Consensus was a 1.6% increase versus a 0.9% gain in February. Actual was a 9.2% gain.Texas Instruments advanced $8.38 to $160.22 after reporting higher than consensus first quarter...Read More
Mexico iShares $EWW moved above $55.22 extending an intermediate uptrend. Fortis $FTS.TO a TSX 60 stock moved above Cdn$67.52 to an all-time high extending an intermediate uptrend. Trader's CornerEquity Indices and Related ETFsDaily Seasonal/Technical Equity Trends for April 22nd 2025Green: Increase from previous dayRed: Decrease from previous daySource for all positive seasonality ratings: www.Eq...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 125 points at 8:30 AM EDT. Futures responded to comments by President Trump that he has no intention of firing Federal Reserve Chairman Powell. In addition, Trump mentioned that trade negotiations with China are progressing. SAP added $13.20 to $265.60 after reporting higher than consensus first quarter earnings. Tesla...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 43 points at 8:30 AM EDT.General Electric Aerospace advanced $3.29 to $181.64 after reporting higher than consensus first quarter results. Medpace Holdings dropped $18.99 to $270.00 after lowering second quarter guidance. Halliburton dropped $0.92 to $21.00 after reporting a decline in first quarter revenues. Verizon d...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 57 points at 8:30 AM EDT.Netflix advanced $28.97 to $1,003.00 after reporting higher than consensus first quarter earnings. Tesla dropped $9.54 to $231.80 after Barclays lowered its target price from $325 to $275.Comerica added $0.55 to $53.50 after reporting higher than consensus first quarter earnings.Capital One ad...Read More
U.S. equity index futures (except the Dow Jones Industrial Average with its heavy weight in UnitedHealth Group) were higher this morning. S&P 500 futures were up 41 points at 8:35 AM EDTS&P 500 Index futures added 15 points following release of economic news at 8:30 AM EDT. Consensus for U.S. March Housing Starts was a drop to 1.420 million units from 1.501 million units in February. Actua...Read More
Silver Miners ETF $SIL moved above $41.52 extending an intermediate uptrend. Barrick Gold $ABX.TO a TSX 60 stock moved above Cdn$28.99 to a 3 year high extending an intermediate uptrend. Trader's CornerEquity Indices and Related ETFsDaily Seasonal/Technical Equity Trends for April 16th 2025Green: Increase from previous dayRed: Decrease from previous daySource for all positive seasonality ratings:...Read More