Pre-opening Comments for Wednesday August 6th U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points at 8:30 AM EDT. Shopify advanced $14.84 to Cdn$190.00 after reporting higher than consensus second quarter results. Skyworks Solutions advanced $4.37 to $72.00 after reporting higher than consensus fiscal third quarter revenues and earnings. […]

Technical action by selected U.S. equities and ETFs yesterday Gold Miners ETF (GDX) moved above $54.70 to an all-time high extending an intermediate uptrend. Breakouts to all-time highs extending intermediate uptrends were reached by Duke Energy (DUK) on a move above $124.14 and by Johnson & Johnson (JNJ) on a move above $169.41. Technical breakdowns […]

Pre-opening Comments for Friday August 1st U.S. equity index futures were lower this morning. S&P 500 futures were down 67 points at 8:35 AM EDT. Index futures responded to news on trade tariffs effective today. S&P 500 futures dropped an additional 10 points following release of the July U.S. Employment Report at 8:30 AM EDT. […]

Pre-opening Comments for Thursday July 31st U.S. equity index futures are higher this morning. S&P 500 futures were up 59 points at 8:35 AM EDT. S&P 500 futures were unchanged following release of U.S. economic news at 8:30 AM EDT. Consensus for June Personal Income was a 0.2% gain versus a 0.4% drop in May. […]

Pre-opening Comments for Wednesday July 30th U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points at 8:30 AM EDT. Focus today is on interest rates set by the Bank of Canada and the FOMC. Rates are expected to be unchanged, but guidance could move equity prices. Visa dropped $12.05 […]