Technical Notes S&P 500 Index ($SPX) moved above 7,816.70 to an all-time high. Its related ETF (SPY) ETF moved above $747.74 to an all-time high. Software iShares (IGV) moved above $110.57 extending an intermediate uptrend. Ross Stores (ROST) a NASDAQ 100 stock moved below $222.15 completing a double top pattern. Copart (CPRT) a NASDAQ 100 […]

Pre-opening Comments for Tuesday October 6th U.S. equity index futures were higher this morning. S&P 500 futures were up 31 points at 8:35 AM EDT. S&P 500 futures dropped 3 points following release of the August U.S. Trade Report. Consensus called for a $102.1 billion deficit versus an $88.6 billion deficit in July. Actual was […]

Pre-opening Comments for Monday October 5th U.S. equity index futures were mixed this morning. S&P 500 futures were down 1 point at 8:30 AM EDT. Athabasca Oil is expected to open higher after Cenovus offered to acquire the company for Cdn$12.00 per share. Value of the offer is Cdn$5.7 billion. EquityClock’s Market Outlook for October […]

Pre-opening Comments for Friday October 2nd U.S. equity index futures were higher this morning. S&P 500 futures were up 67 points at 8:35 AM EDT. Overnight strength was triggered by a $3.54 drop in the price of WTI crude oil to $89.33 per barrel. S&P 500 futures added 26 points following release of the September […]

Pre-opening Comments for Thursday October 1st U.S. equity index futures were higher this morning. S&P 500 futures were up 27 points at 8:30 AM EDT. Micron (MU) dropped $7.64 to $1,052.47 despite reporting higher than consensus fiscal fourth quarter results. Alphabet (GOOG) added $6.76 to $347.50 after launching its Gemini 4 Argon model. Accenture (ACN) […]