Pre-opening Comments for Tuesday September 29th U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points at 8:30 AM EDT. Canada’s July Consumer Price Index rose 1.4% on a year-over-year basis in line with consensus. Advanced Micro Devices (AMD) added $7.80 to $615.67 after announcing acquisition of World Labs for […]

Pre-opening Comments for Monday September 28th U.S. equity indices were lower this morning. S&P 500 futures were down 29 points at 8:30 AM EDT in response to higher crude oil prices. WTI Crude Oil added $3.81 to $96.22 per barrel after President Trump rejected Iran’s proposal to reopen the Strait of Hormuz. Nvidia added $3.94 […]

Pre-opening Comments for Friday September 25th S&P 500 futures were higher this morning. S&P 500 futures were up 22 points at 8:35 AM EDT. S&P 500 futures slipped 4 points following release of August U.S. Durable Goods Orders at 8:30 AM EDT. Consensus was a 0.3% drop versus a revised 0.9% increase in July. Actual […]

Technical Notes Yield on ten year U.S. Treasuries ($TNX) moved above 4.997% to a 19 year high. Royal Caribbean Cruises (RCL) a NASDAQ 100 stock moved below $229.54 extending an intermediate downtrend. Trade Desk (TTD) a former NASDAQ 100 stock moved below $12.83 extending an intermediate downtrend. Kraft Heinz (KHC) an S&P 100 stock moved […]

Pre-opening Comments for Wednesday September 23rd U.S. equity index futures were lower this morning. S&P 500 futures were down 9 points at 8:30 AM EDT KB Homes (KBH) dropped $0.99 to 47.60 despite reporting higher than consensus fiscal third quarter revenues and earnings. The company also issued fourth quarter guidance below consensus. General Mills (GIS) […]