Pre-opening Comments for Thursday March 5th
U.S. equity index futures were lower this morning. S&P 500 futures were down 23 points at 8:35 AM EST.
S&P 500 futures dropped 5 points following release of Annualized Fourth Quarter U.S. Productivity at 8:30 AM EST. Consensus called for a 1.8% increase versus a 4.9% increase in the third quarter. Actual was a 2.8% increase.
Broadcom (AVGO) advanced $11.95 to $329.38 after reporting higher than consensus fiscal first quarter results. The company also offered positive fiscal second quarter guidance and announced a $10 billion share buyback program.
Stub hub (STUB) dropped $0.94 to $9.23 after reporting a larger than expected fourth quarter loss.
Berkshire Hathaway added $6.52 to $494.00 after announcing resumption of a share buy back program
Okta (OKTA) added $1.14 to $72.88 after reporting higher than consensus fourth quarter results.
EquityClock’s Market Outlook for March 5th
Gap Filled, But Risk Builds: 100-Day Moving Average Is the Line in the Sand. See:
https://equityclock.com/2026/03/04/stock-market-outlook-for-march-5-2026/
Technical Notes
Old Dominion Freight Lines (ODFL) a NASDAQ 100 stock moved above $208.45 extending an intermediate uptrend.
Bitcoin in U.S. Dollars moved above $72,200 completing a double bottom pattern.
Trader’s Corner
Equity Indices and Related ETFs
Daily Seasonal/Technical Equity Trends for March 4th 2026
Green: Increase from previous day
Red: Decrease from previous day
Source for all positive seasonality ratings: www.EquityClock.com
Commodities
Daily Seasonal/Technical Commodities Trends for March 4th 2026
Green: Increase from previous day
Red: Decrease from previous day
Sectors
Daily Seasonal/Technical Sector Trends for March 4th 2026
Green: Increase from previous day
Red: Decrease from previous day
Links offered by valued providers
Top Trades: Major S&P Support Still Holds, Stocks Look To Rally, Bitcoin Breakout, Silver Collapse: Verified Investing
Tom Lee: March an Up Month? MAG7, Software & Crypto Lead the Way
Tom Lee: March an Up Month? MAG7, Software & Crypto Lead the Way – YouTube
This RSI Setup Could Be Your First Entry After the Breakout Joe Rabil
This RSI Setup Could Be Your First Entry After the Breakout Joe Rabil – YouTube
Fundstrat’s Mark Newton Talks Chart Patterns amid Heightened Conflict in the Middle East
Fundstrat’s Mark Newton Talks Chart Patterns amid Heightened Conflict in the Middle East – YouTube
S&P 500 Momentum Barometers
The intermediate term Barometer added 1.40 to 58.40. It remains Neutral.
The long term Barometer slipped 0.40 to 62.80. It remains Overbought. Daily downtrend was extended.
TSX Momentum Barometers
The intermediate term Barometer dropped 1.84 to 70.97. It remains Overbought.
The long term Barometer slipped 0.45 to 78.34. It remains Overbought.
Disclaimer: Seasonality ratings and technical ratings offered in this report and at
www.equityclock.com are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered in this report is believed to be accurate, but is not guaranteed.
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Equity Clock Publications