Pre-opening Comments for Tuesday October 20th U.S. equity index futures were lower this morning. S&P 500 futures were down 28 points at 8:35 AM EDT. S&P 500 futures were unchanged following release of the September Housing Starts Report at 8:30 AM EDT. Consensus called for no change in August at 1.3 million units. Actual was […]

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 […]

Editor’s Note: Next Tech Talk report is scheduled for release on Monday October 19th See you then! Technical Notes Palladium ETN (PALL) moved below $20.90 extending an intermediate downtrend. Comcast (CMCSA) a NASDAQ 100 stock moved below $20.95 extending an intermediate downtrend. Bank of Montreal (BMO.TO) a TSX 60 stock moved below Cdn$232.01 extending an […]

Pre-opening Comments for Wednesday October 7th U.S. equity index futures were lower this morning. S&P 500 futures were down 40 points at 8:30 AM EDT. Constellation Brands (STZ) dropped $5.17 to $110.50 after releasing fiscal third quarter guidance below consensus. EquityClock’s Market Outlook for October 7th New all-time highs for stocks and the invigoration of […]