Technical Notes Dow Jones Industrial Average moved above 40,791.18 and Dow Jones Industrial Average SPDRs ($DIA) moved above $407.82 completing double bottom patterns. Microsoft $MSFT a Dow Jones Industrial Average stock moved above $393.23 and $396.36 completing a Reverse Head & Shoulders pattern. Meta Platforms $META an S&P 100 stock moved above $587.89 completing a […]

Pre-opening Comments for Thursday May 1st U.S. equity index futures were higher this morning. S&P 500 futures were up 57 points at 8:30 AM EDT. Dow Jones Industrial Average ($INDU) is expected to open above intermediate resistance at 40,791.18 completing a double bottom pattern following release of better than consensus quarterly results after the close […]

Pre-opening Comments for Wednesday April 30th U.S. equity index futures were lower this morning. S&P 500 futures dropped 45 points at 8:35 AM EDT S&P 500 futures dropped 10 points following release of first quarter U.S. annualized GDP in the first quarter at 8:30 AM EDT. Consensus was a 0.4% increase versus a 2.4% gain […]

Pre-opening Comments for Tuesday April 29th U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points at 8:30 AM EDT. The Canadian Dollar slipped 0.05 to US72.26 cents following release of initial results from the Canadian federal election. F5 advanced $6.93 to $272.00 after reporting higher than consensus first quarter […]

Pre-opening Comments for Monday April 28th U.S. equity index futures were lower this morning. S&P 500 futures were down 4 points at 8:30 AM EDT. Domino’s Pizza dropped $12.35 to $475.23 after reporting less than consensus first quarter revenues. AbbVie added $0.26 to $186.32 after reporting higher than consensus first quarter earnings. Nvidia dropped $1.63 […]