The Bottom Line U.S. economic focuses this week are on November CPI released on Wednesday and November PPI released on Thursday. Canadian focus is on the Bank of Canada’s interest rate decision on Wednesday. Consensus calls for at least a 0.25 basis point reduction. Consensus for Earnings and Revenues by S&P 500 companies Source: www.factset.com […]

Pre-opening Comments for Friday December 6th U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points at 8:35 AM EST. Index futures advanced 11 points following release of the November U.S. Employment Report at 8:30 AM EST. November Non-farm Payrolls were expected to increase 220,000 versus a gain of 12,000 […]

Pre-opening Comments for Thursday December 5th U.S. equity index futures were mixed this morning. S&P 500 futures were down 2 points at 8:30 AM EST Five Below added $11.53 to $116.50 after reporting higher than consensus third quarter results. The company also offered positive guidance. American Eagle Outfitters dropped $2.85 to $17.69 after reporting less […]

Pre-opening Comments for Wednesday December 4th U.S. equity index futures were higher this morning. S&P 500 futures were up 17 points at 8:30 AM EST. Salesforce.com advanced $18.48 to $349.91 after reporting higher than consensus third quarter revenues. UnitedHealth Group dropped $5.23 to $600.00 after offering lower than consensus fourth quarter guidance Pure Storage advanced […]

Technical Notes South Korea iShares $EWY moved below $55.69 extending an intermediate downtrend. Units responded to news that the government invoked emergency martial law. Units subsequently recovered on news that the President lifted the martial law order. Meta Platform $META an S&P 100 stock moved above $602.95 to an all-time high extending an intermediate uptrend. […]