The Bottom Line Economic focuses this week are on U.S. August inflation reports: Consumer Price Index released on Thursday and the Producer Price Index released on Friday. They will set the stage the next FOMC report on interest rates released on Wednesday September 16th. Earnings news this week is relatively quiet. Focuses are on Oracle’s […]

Pre-opening Comments for Friday September 4th S&P 500 futures were unchanged at 8:15 AM EDT prior to release of the U.S. August Employment Report at 8:30 AM EDT. The Canadian Dollar was unchanged at US72.47 cents at 8:15 AM prior to release of Canada’s August Employment Report at 8:30 AM EDT. The Magnificent Seven ETF […]

Pre-opening Comments for Thursday September 3rd U.S. equity index futures were higher this morning. S&P 500 futures were up 15 points at 8:35 AM EDT. S&P 500 futures added 1 point following release of the July U.S. Trade Deficit report at 8:30 AM EDT. Consensus called for a $90.0 billion deficit versus a $73.3 billion […]

Pre-opening Comments for Wednesday September 2nd U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points at 8:30 AM EDT. Dell Computer (DELL) added $41.10 to $466.18 after reporting higher than consensus fiscal second quarter results. The company also issued positive guidance. Gitlab (GTLB) added $6.91 to$52.00 after reporting higher […]

Pre-opening Comments for Tuesday September 1st U.S. equity index futures were lower this morning. S&P 500 futures were down 46 points at 8:30 AM EDT. Futures responded to a $2.00 increase in WTI crude oil prices to $87.76 per barrel. Medtronic added $3.85 to $94.50 after reporting higher than consensus fiscal first quarter results Marvell […]