Technical Notes MMM (MMM) an S&P 100 stock moved above $169.76 and $175.71 to an all-time high extending an intermediate uptrend. Responded to higher than consensus quarterly results. Lowes (LOW) an S&P 100 stock moved below $203.40 extending an intermediate downtrend. Lockheed Martin (LMT) an S&P 100 stock moved below $490.05 extending an intermediate downtrend. […]

Pre-opening Comments for Tuesday July 21st U.S. equity indices were higher this morning. S&P 500 futures were up 27 points at 8: 30 AM EDT The Canadian Dollar dropped US 0.08 to 71.03 after President Trump announced that a 50% tariff will be imposed on certain Canadian goods to go into effect in 30 days. […]

Pre-opening Comments for Monday July 20th U.S. equity index futures were higher this morning. S&P 500 futures were up 31 points at 8:35 AM EDT after Iran signaled openness to talks with the U.S. The Canadian Dollar was unchanged at US71.18 cents following release of Canada’s June Consumer Price Index at 8:30 AM EDT. June […]

Pre-opening Comments for Friday July 17th U.S. equity index futures were lower this morning. S&P 500 futures were down 71 points at 8:35 AM EDT. Notably weaker was the NASDAQ Composite Index, down 560 points at 8:35 AM EDT. S&P 500 futures dropped 3 points following release of June U.S. Housing Starts at 8:30 AM […]

Pre-opening Comments for Thursday July 16th U.S. equity index futures were lower this morning. S&P 500 futures were down 27 points at 8:35 AM EDT. S&P 500 futures were unchanged following release of economic news at 8:30 AM EDT. Consensus for the July Philly Fed Survey was a drop to 9.5 from 10.3 in June. […]