Pre-opening Comments for Thursday April 10th U.S. equity index futures were lower this morning. S&P 500 futures were down 88 points at 8:35 AM EDT. S&P 500 futures recovered 22 points following release of the March Consumer Price Index at 8:30 AM EDT. Consensus was a 0.1% increase versus a 0.2% gain in February. Actual […]

Technical Notes Technical action by North American equity prices moved strongly higher after President Trump announced a 90 day pause on tariffs for goods imported from most countries. The exception was China. Prior to the news at 1:15 PM EDT, technical action by big cap U.S. equities had been negative: Verizon and Comcast had broken […]

Pre-opening Comments for Wednesday April 9th U.S. equity index futures were lower this morning. S&P 500 futures were down 100 points at 8:30 AM EDT. Futures responded to concern about growing tariff wars. Delta Airlines added $0.72 to $36.10 after reporting higher than consensus first quarter results. Cal-Maine Foods dropped $3.98 to $86.35 after reporting […]