The Bottom Line The proverbial “Santa Claus Rally” by the S&P 500 Index from December 14th to January 6th continues. Strong relative seasonal strength (relative to the S&P 500 Index) for the TSX Composite Index and its related ETFs (e.g. XIU.TO) also continues. Their historic period for outperformance relative to the S&P 500 Index is […]

Pre-opening Comments for Wednesday December 24th U.S. equity index futures were mixed this morning. S&P 500 futures were down 1 point at 8:30 AM EST Intel dropped $1.19 to $35.16 after NVidia halted plans to use the company’s chip production process. Exchange Trading Holidays U.S. listed exchanges close regular trading today at 1:00 PM EST. […]

Pre-opening Comments for Tuesday December 23rd U.S. equity index futures were lower this morning. S&P 500 futures were 9 points at 8:35 AM EST. S&P 500 futures dropped 6 points following release of economic news at 8:30 AM EST. Consensus for Third Quarter U.S. GDP was a slip to 3.2% from 3.8% in the second […]

Pre-opening Comments for Monday December 22nd U.S. equity index futures were higher this morning. S&P 500 futures were up 31 points at 8:30 AM EST. Spot Gold advanced $71.75 to an all-time high at $4,409.58 per ounce. Nikkei Index advanced 895.18 to 50,402.39. EquityClock’s Market Outlook for December 22nd Santa Claus is starting to deliver […]

Pre-opening Comments for Friday December 19th U.S. equity indices were higher this morning. S&P 500 futures were up 4 points at 8:35 AM EST. S&P 500 Index was unchanged following release of October Core PCE Price Index at 8:30 AM EST. Consensus called for a 3.0% increase on an annual basis versus a 3.0% increase […]