Pre-opening Comments for Tuesday January 2nd 2024 U.S. equity index futures were lower this morning. S&P 500 futures were down 40 points at 8:30 AM EST. Apple dropped $3.28 to $189.25 after Barclay’s downgraded the stock to from Equal Weight to Under Weight. Target was reduced to $160. Inspire Medical dropped $2.48 to $200.95 after […]

  Next Tech Talk report Next report is to be released on Tuesday, January 2nd.    Monday is a holiday in most equity markets.     HAPPY NEW YEAR!

Pre-opening Comments for Friday December 29th U.S. equity index futures were mixed this morning. S&P 500 futures unchanged at 8:30 AM EST. UnitedHealth Group added $3.10 to 528.00 after booking a $7 billion charge following a deal to sell its Brazil operations. Jabil slipped $0.58 to $127.40 after lowering its fiscal second quarter outlook. Expedia […]

Pre-opening Comments for Thursday December 28th U.S. equity index futures were mixed this morning. S&P 500 futures were up 1 point at 8:30 AM EST. Microsoft added $0.76 to $374.83 after Wedbush raised its target from $425 to $450. Livent gained $0.21 to $18.11 after Mizuho raised its target price from $15 to $20. SQM […]

  The Bottom Line Encouraging U.S. economic news released on Friday added to the possibility of the proverbial Santa Claus yearend rally that normally lasts to the first two trading days in January. The November Core PCE Price Index on a year-over-year basis came in at 3.2%, nicely lower than consensus at 3.4%. Equity and […]