The Bottom Line Here comes the “Summer Rally” for North American equity markets! According to www.EquityClock.com history shows that the “summer rally” for the TSX Composite Index and the S&P 500 Index, on average, starts on June 27th and last until at least July 17th. Frequently, the summer rally extends until mid-September. What about this […]

Pre-opening Comments for Friday June 26th U.S. equity index futures were lower this morning. S&P 500 futures were down 28 points in pre-opening trade. South Korea iShares (EWY) are expected to open lower after South Korea’s KOSPI Index dropped 5.3% last night. McCormick (MKC) added $0.55 to $48.90 after reporting higher than consensus fiscal second […]

Pre-opening Comments for Thursday June 25th U.S. equity index futures were higher this morning. S&P 500 futures were up 63 points at 8:35 AM EDT. S&P 500 futures added 17 points following release of economic news at 8:30 AM EDT. May Core PCE Index was expected to increase 0.3% versus a 0.2% increase in April. […]

Pre-opening Comments for Wednesday June 24th U.S. equity index futures were higher this morning. S&P 500 futures were up 29 points at 8:30 AM EDT. Alphabet (GOOG) added $4.20 to $350.28 and Verizon (VZ) slipped $0.23 to $46.50. Alphabet is scheduled to replace Verizon (VZ) in the Dow Jones Industrial Average on June 29th FedEx […]

Pre-opening Comments for Tuesday June 23rd U.S. equity index futures were lower this morning. S&P 500 futures were down 104 points at 8:30 AM EDT. U.S. equity index futures responded to weakness in world equity indices and related ETFs. South Korea iShares (EWY) dropped $23.54 to $195.48. Japan iShares (EWJ) dropped $4.22 to $92.75 Overnight […]