Editor’s Note: No pre-opening comment today Technical Notes Oil Services ETF $OIH moved below $284.52 completing a double top pattern. AT&T an S&P 100 stock moved above $19.39 extending an intermediate uptrend. PayPal a NASDAQ 100 stock moved below $71.17 extending an intermediate downtrend. Cenovus a TSX 60 stock moved below $25.03 completing a […]

Pre-opening Comments for Wednesday December 7th U.S. equity index futures were lower this morning. S&P 500 futures were down 15 points in pre-opening trade. Index futures eased 3 points following release of revised third quarter U.S. Non-farm Productivity at 8:30 AM EST. Consensus was an increase of 0.7% versus a gain of 0.3% in the […]

Pre-opening Comments for Tuesday December 6th U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Index futures were virtually unchanged following release of the U.S October Trade Report at 8:30 AM EST. Consensus was a deficit of $79.90 billion versus a deficit of $73.30 billion in September. Actual […]

Pre-opening Comments for Monday December 5th U.S. equity index futures were lower this morning. S&P 500 futures were down 21 points in pre-opening trade. Broadcom slipped $0.80 to $540.00 after Susquehanna lowered its target price from $680 to $650. Lululemon added $0.03 to $386.02 after Stifel Nicolaus raised its target price from $400 to $450. […]

Pre-opening Comments for Friday December 2nd U.S. equity index futures were lower this morning. S&P 500 futures were down 60 points in pre-opening trade. Index future moved strongly lower following release of the U.S. November Employment Report at 8:30 AM EST. Consensus for Non-farm Payrolls was an increase of 200,000 versus a gain of 261,000 […]