Technical Notes NASDAQ Composite Index $COMPQ moved below 18,831.91 completing a double top pattern. Weakness in the NASDAQ Composite Index was led by Technology SPDRs $XLK on a move below $225.45 and $224.49 setting an intermediate downtrend. Semiconductor iShares $SOXX moved below $208.98 and $208.56 setting an intermediate downtrend. VanEck Semiconductor ETF $SMH moved below […]

Pre-opening Comments for Thursday February 27th U.S. equity index futures were higher this morning. S&P 500 futures were up 33 points at 8:30 AM EST. Nvidia advanced $3.06 to $134.34 after reporting higher than consensus fourth quarter results. Royal Bank is expected to open higher after reporting higher than consensus fiscal first quarter earnings. Snowflake […]

Pre-opening Comments for Wednesday February 26th U.S. equity index futures were higher this morning. S&P 500 futures were up 32 points at 8:30 AM EST. Intuit advanced $31.37 to $587.00 after reporting higher than consensus second quarter results. Masimo gained $10.46 to $180.00 after offering a positive 2025 outlook. Workday added $26.80 to $282.02 after […]

Pre-opening Comments for Tuesday February 25th U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points at 8:30 AM EST. Zoom Video Communications $ZM dropped $1.04 to $80.40 after offering quarterly guidance below consensus Cleveland Cliffs $CLF dropped $0.55 to $10.60 after reporting a quarterly loss. Bank of Montreal is […]

Pre-opening Comments for Monday February 24th U.S. equity index futures were higher this morning. S&P 500 futures were up 31 points at 8:30 AM EST. Berkshire Hathaway added $5.66 to $484.40 after reporting higher than consensus fourth quarter revenues and earnings. Domino’s Pizza dropped $17.37 to $445.00 after reporting less than consensus fourth quarter results. […]