Technical Notes S&P 500 Index ($SPX) moved above 6,986.33 setting an all-time high. S&P 500 SPDRs (SPY) moved above $696.09 setting an all-time high U.S. Dollar Index moved below 96.22 to a four year low extending a long term downtrend. U.S. Healthcare Providers iShares (IHF) moved below $46.44 completing a double top pattern. Notable stocks […]

Pre-opening Comments for Tuesday January 27th U.S. equity index futures were higher this morning. S&P 500 futures were up15 points at 8:30 AM EST. Health care insurance providers were notably weaker in pre-opening trade. UnitedHealth Group dropped $34.98 to $316.66, Humana dropped $35.87 to $227.76 and CVS Health dropped $8.87 to $75.00 after President Trump […]

Pre-opening Comments for Monday January 26th U.S. equity index futures were lower this morning. S&P 500 futures were down 2 points at 8:35 AM EST. S&P 500 futures were unchanged following release of the November Durable Goods Orders Report at 8:30 AM EST. Consensus was a 4.5% increase versus a 2.2% drop in October. Actual […]

Pre-opening Comments for Friday January 23rd U.S. equity index futures were lower this morning. S&P 500 futures were down 17 points at 8:30 AM EST Alcoa added $2.36 to $65.50 after reporting higher than consensus fourth quarter revenues and earnings. Intel dropped $3.62 to $50.70 after releasing first quarter guidance below consensus. Capital One Financial […]

Pre-opening Comments for Thursday January 22nd U.S. equity index futures were higher this morning. S&P 500 futures were up 40 points at 8:30 AM EST. Procter & Gamble dropped $2.35 to $143.71 after reporting less than consensus fourth quarter results. Tesla added $4.81 to $436.25 after Elon Musk offered favourable update comments on the company’s […]