Technical Notes Soybeans ETN (SOYB) moved above $26.37 extending an intermediate uptrend. Wheat ETN (WEAT) moved above $26.08 extending an intermediate uptrend. Okta Inc (OKTA) a NASDAQ 100 stock moved below $129.02 completing a double top pattern. Dollarama (DOl.TO) a TSX 60 stock moved below Cdn$181.05 setting an intermediate downtrend. Trader’s Corner Equity Indices and […]

Pre-opening Comments for Wednesday August 26th U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points at 8:35 AM EDT S&P 500 futures dropped 10 points following release of U.S. economic reports. Consensus for second estimate of U.S. second quarter GDP was unchanged at 1.5%. Actual was unchanged at 1.5%. […]

Pre-opening Comments for Tuesday August 25th U.S. equity index futures were higher this morning. S&P 500 futures were up 35 points at 8:30 AM EDT. Index futures responded to lower crude oil prices. WTI Crude Oil dropped $2.66 to$82.36 per barrel Bank of Montreal is expected to open higher after reporting higher than consensus fiscal […]

Pre-opening Comments for Monday August 24th U.S. equity index futures were lower this morning. S&P 500 futures were down 15 points at 8:30 AM EDT. The Canadian Dollar dropped 0.35 to US72.27 from late Friday to this morning.after trade negotiations between Canada and the U.S. broke down. EquityClock’s Market Outlook for August 24th New all-time […]

Pre-opening Comments for Friday August 21st U.S. equity index futures were higher this morning. S&P 500 futures were up 38 points at 8:30 AM EDT. Ross Stores (ROST) added $18.31 to$247.30 after reporting higher than consensus second quarter results. The company also raised guidance. EquityClock’s Market Outlook for August 21st Manufacturers are extremely optimistic and […]