Pre-opening Comments for Tuesday April 28^th

U.S. equity index futures were lower this morning. S&P 500 futures were down 54 points at 8:30 AM EST.

Nucor added $9.00 to $224.00 after reporting higher than consensus first quarter results.

Celestica (CLS) dropped $34.21 to US$388.00 despite reporting higher than consensus first quarter results. The company also issued positive second quarter guidance.

Bed Bath & Beyond (BBBY) advanced $1.57 to $6.91 after reporting a narrower first quarter loss and after reporting first quarter revenue growth.

General Motors added $3.89 to $81.85 after reporting higher than consensus first quarter results.

EquityClock’s Market Outlook for April 28^th

The technicals of Consumer segments of the market showing degradation as the high price of energy commodities weighs. See:

https://equityclock.com/2026/04/27/stock-market-outlook-for-april-28-2026/

Technical Notes

Nvidia (NVDA) an S&P 100 stock moved above $212.17 to an all-time high extending an intermediate uptrend.

Alphabet (GOOGL) an S&P 100 stock moved above $348.75 to an all-time high extending an intermediate uptrend. Also, GOOG moved above $349.90 to an all-time high. The company reports quarterly results on Wednesday. The stock is about to enter is period of seasonal strength from May 4^th to July 23^rd. See seasonality chart at www.EquityClock.com

Comcast (CMCSA) moved below $27.48 completing a double top pattern.

Arc Resources (ARX.TO) advanced above Cdn$30.65 to an all-time high. The company has agreed to a stock and cash deal take out deal from Shell valued at Cdn$22 billion (Cdn$32.80 per share). The deal triggered strength in Canadian oil stocks (particularly “gassy” stocks).

Trader’s Corner

Equity Indices and Related ETFs

Daily Seasonal/Technical Equity Trends for April 27^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 27^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Sectors

Daily Seasonal/Technical Sector Trends for April 27^th 2026

Green: Increase from previous day

Red: Decrease from previous day

Links offered by valued providers

Markets Hit New Highs, But Momentum Is Fading: Mary Ellen McGonagle

Markets Hit New Highs, But Momentum Is Fading – YouTube

MRKT Call – Monday, April 27^th: Guy Adami and Dan Nathan

MRKT Call – Monday, April 27th – YouTube

NASDAQ 25,000: The Ultimate Sell Signal Revealed As Dot-com Mirroring Escalates, Trade Setups: Verified Investing

NASDAQ 25,000: The Ultimate Sell Signal Revealed As Dot-com Mirroring Escalates, Trade Setups – YouTube

US Stock Market Indices | Market Cycles Report Apr. 27 2026

US Stock Market Indices | Market Cycles Report Apr. 27 2026 – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer dropped another 1.60 to 51.20. It remains Neutral. Daily downtrend was extended.

The short term (20 days) Barometer dropped another 3.00 to 57.20. It changed from Overbought to Neutral on a move below 60.00. Daily downtrend was extended.

The long term Barometer dropped 0.40 to 56.60. It remains Neutral.

TSX Momentum Barometers

The intermediate term Barometer added 0.45 to 52.73. It remains Neutral.

The short term (20 days) Barometer dropped another 7.73 to 49.55. It remains Neutral. Daily downtrend was extended.

The long term Barometer added 0.91 to 73.64. 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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