Pre-opening Comments for Monday March 6th U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade. Apple added $1.83 to $152.86 after Goldman Sachs initiated coverage with a Buy rating. Target price is $199. KB Homes dropped $0.50 to $35.26 after JP Morgan dropped its rating from […]

Pre-opening Comments for Friday March 30th U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points in pre-opening trade. Trader interest is expected to focus on response to of the February ISM Non-manufacturing Purchase Managers Index released at 10:00 AM EST. Consensus calls for a drop to 54.5 from 55.2 […]

Pre-opening Comments for Thursday March 2nd 2023 U.S. equity index futures were lower this morning. S&P 500 futures were down 17 points in pre-opening trade. Salesforce.com, A Dow Jones Industrial Average stock jumped $24.20 to $191.55 after the company offered positive guidance. In addition the company announced a $20 billion stock buyback program. Splunk, a […]

Pre-opening Comments for Wednesday March 1st U.S. equity indices were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Economic focus today is on the February ISM Manufacturing Purchase Managers Index released at 10:00 AM EST. Consensus calls for an increase in the Index to 48.0 from 47.4 in January. The Shanghai Composite […]

Pre-opening Comments for Tuesday February 28th U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points in pre-opening trade. The Canadian Dollar dipped 0.11 to US73.61 cents following release of Canada’s Gross Domestic Product report at 8:30 AM EST. Consensus for December was an increase of 0.1% versus a gain […]