Technical Notes Emerging Markets iShares (EEM) moved above $86.96 to an all-time high extending an intermediate uptrend. Italy iShares (EWI) moved above $59.17 to an all-time high extending an intermediate uptrend. Hong Kong iShares (EWH) moved above $24.27 to an all-time high extending an intermediate uptrend. BHP (BHP) one of the world’s largest base metals […]

Pre-opening Comments for Wednesday May 6th U.S. equity index futures were higher this morning. Futures responded to anticipation of an agreement between the U.S. and Iran that will re-open the Strait of Hormuz. S&P 500 futures were up 56 points at 8:30 AM EST. Alphabet (GOOGL) advanced $5.99 to $394.42 after Anthropic announced purchase of […]

Pre-opening Comments for Tuesday May 5th U.S. equity index futures were higher this morning. S&P 500 futures were up 34 points at 8:35 AM EST. S&P 500 futures were unchanged following release of the March U.S. Trade Report at 8:30 AM EST. Consensus was a $60.9 billion deficit versus a revised $58.0 billion deficit in […]

Pre-opening Comments for Monday May 4th U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points at 8:30 AM EST. Index futures responded to increasing tensions around passage through the Strait of Hormuz. The U.S. announced plans to escort ships through the Strait. Iran reportedly fired two rockets that hit […]