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 […]

The Bottom Line The summer doldrums period for world equity markets from the third week in August to the first week in October was extended. Earnings and Revenue Consensus for S&P 500 Companies Source: www.factset.com Analysts increased their 2026 and 2027 earnings and revenue estimate again from their previous August 14th estimates. Ninety seven percent […]