Pre-opening Comments for Tuesday April 7^th

U.S. equity index futures were lower this morning. S&P 500 futures were down 29 points at 8:35 AM EST.

President Trump’s demand on Iran to announce a re-opening of the Hormuz Strait by 8:00 PM EST today is a major reason for early equity market weakness.

S&P 500 futures dropped 4 points following release of the February Durable Goods Orders report at 8:30 AM EST. Consensus was a 1.1% drop versus no change in January. Actual was a 1.4% drop.

A 2.48% increase in payment rates for Medicare Advantage Programs in 2027 was announced. Insuring company shares participating in the programs moved higher: UnitedHealth Group (UNH) added $26.63 to $307.99, Centene (CNC) gained $1.81 to $37.21, Humana (HUM) advanced $22.89 and CVS Health (CVS) added $6.71 to $79.99.

Broadcom (AVGO) advanced $10.42 to $324.85 after announcing a deal with Google and Anthropic

EquityClock’s Market Outlook for April 7^th

Market Setup: At a Breakout or Breakdown Level See:

https://equityclock.com/2026/04/06/stock-market-outlook-for-april-7-2026/

Technical Notes

Netflix (NFLX) an S&P 100 stock moved above $100.19 setting an intermediate uptrend.

Rogers Communications (RCI/B.TO) a TSX 60 stock moved below Cdn$48.60 setting an intermediate downtrend.

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for April 5^th 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 April 5^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for April 5^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Could Seasonality Rescue The Bearish Technical Conditions? Tom Bowley

Could Seasonality Rescue The Bearish Technical Conditions? – YouTube

A Market Turn May Be Starting, What to Watch Now. Mary Ellen McGonagle

A Market Turn May Be Starting, What to Watch Now. Mary Ellen McGonagle – YouTube

S&P 500 Relief Rally to 6,785… Before a 20% CRASH? Bitcoin Breakout Alert!

Verified Investor

S&P 500 Relief Rally to 6,785… Before a 20% CRASH? Bitcoin Breakout Alert! – YouTube

The risk-reward is quite good for stocks now, says Fundstrat’s Tom Lee

The risk-reward is quite good for stocks now, says Fundstrat’s Tom Lee – YouTube

Crude Oil, Crude Language: Why TF Is The S&P 500 Higher? Guy Adami, Dan Nathan and Carter Worth

Crude Oil, Crude Language: Why TF Is The S&P 500 Higher? – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer added another 3.00 to 33.80. It remains Oversold. Daily uptrend was extended.

The short term (20 days) Barometer jumped another 6.60 to 58.00. It remains Neutral. Daily uptrend was extended.

The long term Barometer slipped 0.20 to 49.20. It remains Neutral.

TSX Momentum Barometers

The intermediate term Barometer added another 2.26 to 52.04. It remains Neutral. Daily uptrend was extended.

The short term (20 days) Barometer added another 1.81 to 73.30. It remains Overbought. Daily uptrend was extended.

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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