Pre-opening Comments for Wednesday October 26th U.S. equity index futures were lower this morning. S&P 500 futures were down 31 points in pre-opening trade. Canadian focus today is on the Bank of Canada’s announcement at 10:00 AM EDT. Consensus is that the Bank of Canada will raise its lending rate to major Canadian banks by […]

Pre-opening Comments for Tuesday October 25th U.S. equity index futures were lower this morning. S&P 500 futures were down 12 points in pre-opening trade. Cadence Design Systems $CDNS added $0.63 to $160.85 after reporting higher than consensus third quarter profits and revenues. Discover Financial Services $DFS dropped $1.23 to $94.63 after reporting lower than consensus […]

Pre-opening Comments for Monday October 24th U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points in pre-opening trade. The Shanghai Composite Index dropped $61.37 to $2,977.56 and the Hang Seng Index fell to $10,300.43 following news of changes in China’s political leadership. Medtronic gained $0.97 to $84.23 after announcing […]

  Next Tech Talk report Next report is scheduled to be released on Monday October 24th 

  Next Tech Talk report Next report is scheduled to be released on Monday October 24th  The Bottom Line Signs of an intermediate technical low by broadly based U.S. equity indices arrived last week. Equity indices recorded a rare “outside reversal” patterns with higher than average volume on Thursday. Last of the really bad news […]