Pre-opening Comments for Wednesday October 21st
U.S. equity index futures were higher this morning. S&P 500 futures were up 24 points at 8:30 AM EDT.
SpaceX (SPCX) added $12.21 to $160.00 after reporting higher than consensus third quarter results.
Netflix (NFLX) dropped $3.95 to $64.74 after lowering guidance below consensus.
Super Micro Computer (SMCI) advanced $3.90 to $36.50 after raising its fiscal first quarter revenue estimate
Intuitive Surgical (ISRG) dropped $31.00 to $407.00 after lower fourth quarter guidance.
EquityClock’s Market Outlook for October 21st
Traders leaning into defensive sectors as credit spreads balloon and as strength in high-beta segment fades. See:
https://equityclock.com/2026/10/20/stock-market-outlook-for-october-21-2026/
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.
|
|
Equity Clock Publications