Pre-opening Comments for Tuesday November 19th U.S. equity index futures were lower this morning. S&P 500 futures were down 30 points at 8:35 AM EST. Futures responded to news that the U.S. approved the use of U.S. supplied weapons by Ukraine against Russia. S&P 500 futures dropped 8 points following release of the U.S October […]

Pre-opening Comments for Monday November 18th U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points at 8:30 AM EST. Morgan Stanley raised its 2025 target price for the S&P 500 Index to 7,400. Tesla added $21.27 to $341.93 on news that the Trump team plans to create rules for […]

Pre-opening Comments for Friday November 15th U.S. equity indices were lower this morning. S&P 500 futures were down 34 points at 8:35 AM EST S&P 500 futures dropped another 3 points following release of economic news at 8:30 AM EDT. Consensus for October Retail Sales was a 0.3% increase versus a revised 0.8% gain in […]

Pre-opening Comments for Thursday November 14th U.S. equity index futures were mixed this morning. S&P 500 futures were down 1 point at 8:35 AM EDT. S&P 500 futures dropped 8 points following release of the October U.S. Producer Price Index at 8:30 AM EST. Consensus was a 0.2% increase versus no change in September. Actual […]

Editor’s Note: Shorter version today.   Testing the waters with a new system. Technical Notes India ETFs $INDA and $PIN moved below intermediate support extending an intermediate downtrend. The U.S. Dollar Index and its related Exchange Traded Note, UUP continued moving higher in anticipation of Trump’s trade proposals to favour U.S. produced goods Strength in the […]