Pre-opening Comments for Tuesday November 28th U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points at 8:30 AM EST. Scotia Bank dropped $1.25 to Cdn$59.00 after reporting less than consensus fiscal fourth quarter earnings. Boeing gained $4.25 to $223.55 after RBC upgraded the stock to Outperform. Canada Goose added […]

Pre-opening Comments for Monday November 27th U.S. equity index futures were lower this morning. S&P 500 futures were down 4 points at 8:30 AM EDT. U.S. retail stocks are expected to open higher following news that U.S. on-line shoppers spent a record $9.8 billion on Black Friday, up 7.5% from last year. Amazon added $0.95 […]

Pre-opening Comments for Friday November 24th U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:35 AM EST. Today is Black Friday, the day historically when annual profits by U.S. retailers turn from “red “to “black”. The Canadian Dollar added $0.14 to US73.15 following release of Canada’s September Retail Sales. […]

  Holiday Trading Today, U.S. equity markets are closed for the Thanksgiving holiday. Tomorrow U.S. equity markets close at 1:00 PM EST. Volume on U.S. and Canadian equity markets tomorrow are expected to be well below average.   Technical Notes Marriott International $MAR a NASDAQ 100 stock moved above $209.92 to an all-time high extending […]

Pre-opening Comments for Wednesday November 22nd U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points at 8:35 AM EST. Index futures were unchanged following release of October Durable Goods Orders at 8:30 AM EST. Consensus was -3.0% versus +4.7% in September. Actual was -5.4%. The Canadian Dollar slipped 0.12 […]