Technical Notes U.S. Airline ETF (JETS) moved below $29.01 completing a double top pattern. Responded to higher crude oil prices! S&P Builders ETF (XHB) moved below $103.12 setting an intermediate downtrend. Pfizer (PFE) a Dow Jones Industrial Average stock moved above $27.79 completing a long term reverse Head & Shoulders pattern. Schlumberger (SLB) an S&P […]

The Bottom Line The summer doldrums period for world equity markets from the third week in August to the first week in October was extended. Earnings and Revenue Consensus for S&P 500 Companies Source: www.factset.com Analysts increased their 2026 and 2027 earnings and revenue estimate again from their previous August 14th estimates. Ninety seven percent […]

Pre-opening Comments for Monday August 31st 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 31st The S&P 500 Index […]

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 […]

Technical Notes Soybeans ETN (SOYB) moved above $26.37 extending an intermediate uptrend. Wheat ETN (WEAT) moved above $26.08 extending an intermediate uptrend. Okta Inc (OKTA) a NASDAQ 100 stock moved below $129.02 completing a double top pattern. Dollarama (DOl.TO) a TSX 60 stock moved below Cdn$181.05 setting an intermediate downtrend. Trader’s Corner Equity Indices and […]