Pre-opening Comments for Monday October 19th U.S. equity index futures were higher this morning. S&P 500 futures were up 38 points at 8:30 AM EDT. Strength in U.S. equity indices was led by the technology sector. Technology SPDRs (XLK) advanced $3.05 to $186.52 at 8:30 AM EDT. The Canadian Dollar slipped $0.19 to 70.91 after […]

The Bottom Line U.S. equity markets (Notably the S&P 500 Equal Weight ETF: RSP) are following their traditional pattern during the last quarter of the U.S. Mid-term Presidential Election Year: An intermediate low at the beginning of October followed by an uptrend lasting until at least the first week in January. Advances this year were […]