Apr 09
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 […]
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Apr 09
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 […]
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Apr 07
Pre-opening Comments for Tuesday April 8th U.S. equity index futures were higher this morning. S&P 500 futures were up 136 points at 8:30 AM EDT. Broadcom added $8.71 to $162.85 after announcing a new $10 billion share buyback program. Levi Straus advanced $0.41 to $13.91 after reporting higher than consensus first quarter earnings and revenues. […]
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Apr 06
Pre-opening Comments for Monday April 7th U.S. equity index futures were sharply lower this morning in response to tariff wars. S&P 500 futures were down 119.00 points to 4,955.08 at 8:30 AM EDT. JP Morgan raised chances of a recession in the U.S. to 60%. World equity markets were sharply lower this morning. The Hang […]
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Apr 03
Pre-opening Comments for Friday April 4th U.S. equity index futures were sharply lower this morning. S&P 500 futures were down 157 points at 8:35 AM EDT. Index futures responded partially to China’s retaliation to U.S. tariffs with a 34% tariff on U.S. imported goods. S&P 500 futures dropped an additional 9 points at 8:35 AM […]
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Equity Clock Publications