Technical Notes NXP Semiconductor (NXPI) a NASDAQ 100 stock moved above $114.38 resuming an intermediate uptrend. Texas Instruments (TXN) an S&P 100 stock moved above $298.75 setting an intermediate uptrend. Emerson Electric (EMR) an S&P 100 stock moved above $165.79 to an all-time high extending an intermediate uptrend. Analog Devices (ADI) a NASDAQ 100 stock […]

Pre-opening Comments for Tuesday October 27th U.S. equity index futures were higher this morning. S&P 500 futures were up 28 points at 8:35 AM EDT. S&P 500 futures slipped 3 points following release of September Durable Goods Orders released at 8:30 AM EDT. Consensus was a 1.2% increase versus no change in August. Actual was […]

Pre-opening Comments for Monday October 26th U.S. equity indices were higher this morning. S&P 500 futures were up 32 points at 8:30 AM EDT. SpaceX (SPCX) added $2.74 to $147.49 after completing a $40 billion debt deal. Brazil iShares (EWZ) plunged $10.86 to $31.73 following a surprise re-election of Lula and his party. Range Resources […]

Pre-opening Comments for Friday October 23rd U.S. equity index futures were lower this morning. S&P 500 futures were down 28 points at 8:30 AM EDT. Western Digital (WDC) dropped $23.00 to $331.19 despite reporting higher than consensus fiscal first quarter earnings. EquityClock’s Market Outlook for October 23rd Two phantom weights remain heavy on the market: […]

Pre-opening Comments for Thursday October 22nd U.S. equity index futures were lower this morning. S&P 500 futures were down 71 points at 8:30 AM EDT. Meta Platforms (META) dropped $20.60 to $676.92 despite reporting higher than consensus third quarter results. Tesla dropped $13.20 to $373.20 despite reporting higher than consensus third quarter results. CSX added […]