Pre-opening Comments for Thursday March 21st U.S. equity index futures were higher this morning. S&P 500 futures were up 25 points at 8:35 AM EDT. S&P 500 futures slipped 2 points following release of the March Philly Fed Index at 8:30 AM EDT. Consensus was a drop of 5.0 versus a gain of 5.2 in […]

Pre-opening Comments for Wednesday March 20th U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:30 AM EDT FOMC announces its interest rate decision at 2:00 PM EDT. Consensus calls for no change in the Fed Fund Rate at 5.25%-5.50%. Focus is on comments on timing for an expected reduction […]

Pre-opening Comments for Tuesday March 19th U.S. equity index futures traded lower this morning. S&P 500 futures were down 22 points at 8:35 AM EDT. S&P 500 index futures recovered 6 points following release of the February Housing Star Report at 8:30 AM EDT. Consensus was an increase to 1.420 million units from 1.331 million […]

Pre-opening Comments for Monday March 18th U.S. equity index futures moved higher this morning. S&P 500 futures were up 41 points at 8:30 AM EDT. Apple gained $0.86 to $173.48 and Alphabet advanced $7.76 to $149.93 after announcing a possible joint venture with Alphabet to include Artificial Intelligence in its next iPhone. Tesla added $5.27 […]

Pre-opening Comments for Friday March 15th U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points at 8:35 AM EDT Volume and volatility in U.S. equity markets is expected to be exceptionally high today. March options tied to more than $5 trillion in stocks, exchange-traded funds and equity indexes are […]