Pre-opening Comments for Monday August 31^st

U.S. equity index futures were lower this morning. S&P 500 futures were down 23 points at 8:30 AM EDT.

Index futures responded to higher crude oil prices. WTI crude oil jumped $2.99 to US$86.39 per barrel in overnight trade.

EquityClock’s Market Outlook for August 31^st

The S&P 500 Index has lost 0.7%, on average, in September during the past 50-years with a frequency of gains for the month at a mere 46%. See:

https://equityclock.com/2026/08/28/stock-market-outlook-for-august-31-2026/

Technical Scoop for August 31^st from David Chapman and www.EnrichedInvesting.com

Stagflation possible, Canada strong, crisis continued, market wobble, rate fall, Dollar up, temporary whack. See:

https://enrichedinvesting.com/library/

Pre-opening Comments for Friday August 28^th

U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points at 8:30 AM EDT.

Canada’s GDP rose 2.0% year-over-year in June.

Federal Reserve Chairman Warsh is scheduled to speak at 10:00 AM EDT at the Jackson Hole Symposium.

Workday (WDAY) added $4.47 to $198.04 after reporting higher than consensus fiscal second quarter results.

Gap (GAP) added $1.70 to $22.50 after reporting higher than consensus fiscal second quarter results.

Marvell (MRVL) dropped $13.56 to $227.89 despite reporting higher than consensus second quarter results.

Affirm Holdings (AFRM) added $6.01 to $83.50 after reporting higher than consensus fiscal fourth quarter results.

EquityClock’s Market Outlook for August 28^th
Technology’s turn in the rotation. See:

https://equityclock.com/2026/08/27/stock-market-outlook-for-august-28-2026/

Mark Leibovit’s Comment

Mark Leibovit: Bond Market Going Down Due to US Debt – Aug. 27, 2026

https://talkdigitalnetwork.substack.com/p/mark-leibovit-bond-market-going-down

Technical Notes

AutoDesk (ADSK) a NASDAQ 100 stock moved above $264.75 extending an intermediate uptrend.

Okta (OKTA) a NASDAQ 100 stock moved above $157.00 extending an intermediate uptrend.

Data General (DG) a NASDAQ 100 stock moved above $131.25 extending an intermediate uptrend.

Salesforce.com (CRM) a Dow Jones Industrial Average stock moved above $210.80 extending an intermediate uptrend.

Take Two Interactive (TTWO) a NASDAQ 100 stock moved below $228.20 completing a double top pattern.

McDonalds (MCD) a Dow Jones Industrial Average stock moved below $201.96 extending an intermediate downtrend.

Links offered by valued providers

Bull Market SURGE As Nvidia, Salesforce and Crowdstrike BLAST! Watch For This Mega Money Rotation: Verified Investing

Bull Market SURGE As Nvidia, Salesforce and Crowdstrike BLAST! Watch For This Mega Money Rotation – YouTube

The Market Is Flat. So Where Is the Money Going? Tom Bowley

The Market Is Flat. So Where Is the Money Going? – YouTube

Nvidia, Salesforce, CrowdStrike: One Wild Night of Earnings Guy Adami, Dan Nathan

Nvidia, Salesforce, CrowdStrike: One Wild Night of Earnings – YouTube

Market Call: David Burrows’ outlook on North American Large Caps (Aug. 27, 2026)

Market Call: David Burrows’ outlook on North American Large Caps (Aug. 27, 2026) – YouTube

S&P 500 Momentum Barometers

The intermediate term Barometer dropped 5.20 to 54.00. It remained Neutral. Daily downtrend was extended.

The short term (20 days) Barometer dropped 9.20 to 45.40. It remained Neutral.

The long term Barometer dropped 2.00 to 70.40. It remained Overbought. Daily downtrend was established.

TSX Momentum Barometers

The intermediate term Barometer was unchanged at 54.79. It remained Neutral.

The short term (20 days) Barometer added 5.02 to 50.68. It remained Neutral.

The long term Barometer dropped 1.83 to 71.69. It remained 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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