Technical Notes Advanced Micro Devices (AMD) an S&P 100 stock moved above $266.96 and $267.08 to an all-time high extending an intermediate uptrend. . Johnson & Johnson (JNJ) a Dow Jones Industrial Average stock moved below $232.24 completing a double top pattern. Trader’s Corner Equity Indices and Related ETFs Daily Seasonal/Technical Equity Trends for April […]

Pre-opening Comments for Thursday April 16th U.S. equity index futures were higher this morning. S&P 500 futures added 11 points at 8:35 AM EST. S&P 500 futures added 1 point following release of the April Philly Fed Manufacturing Index at 8:30 AM EST. Consensus was a drop to 12.4 from 18.1 in March. Actual was […]

Pre-opening Comments for Wednesday April 15th U.S. equity index futures were mixed this morning. S&P 500 futures were up 3 points at 8:35 AM EST. S&P 500 futures added 3 points following release of the April Empire State Manufacturing Survey at 8:30 AM EST. Consensus called for a dip to -0.5 from -0.2 in March. […]

Pre-opening Comments for Tuesday April 14th U.S. equity index futures were higher this morning. S&P 500 futures were up 19 points at 8:35 AM EST. S&P 500 futures were unchanged following release of economic news at 8:30 AM EST. Consensus for the March U.S. Producer Price Index was a 1.1% increase versus a 0.7% increase […]

Pre-opening Comments for Monday April 13th S&P 500 futures dropped 44 points and WTI Crude Oil advanced $7.29 to $103.86 per barrel after President Trump announced a naval blockade of the Straits of Hormuz starting at 10:00 AM EST after negotiations with Iran were discontinued. U.S. announces new blockade coming to Strait of Hormuz: CTV […]