Tech Talk for Tuesday November 12th 2024
Daily Reports Comments Off on Tech Talk for Tuesday November 12th 2024Technical Notes Retail SPDRs $XRT moved above $79.92 to a 33 month high extending an intermediate uptrend.
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Technical Notes Retail SPDRs $XRT moved above $79.92 to a 33 month high extending an intermediate uptrend.
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The Bottom Line All-time highs were recorded by broadly based U.S. equity indices following the election of Donald Trump as President. On Friday, the S&P 500 Index exceeded the 6,000 level and the Dow Jones Industrial Average exceeded 44,000. U.S. equity index futures are tracking their historic seasonal pattern following a U.S. Presidential election […]
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Pre-opening Comments for Friday November 8th U.S. equity index futures were mixed this morning. S&P 500 futures down 2 points at 8:35 AM EST. The Canadian Dollar was unchanged at US71.90 cents following release of Canada’s October Employment Report at 8:30 AM EST. Consensus was a 27,200 increase versus a 46,700 gain in September. Actual […]
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Pre-opening Comments for Thursday November 7th U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:30 AM EDT. Federal Open Market Committee announces an outlook on the U.S. economy at 2:00 PM EST. Consensus calls for announcement of a 0.25% drop in the Fed Fund Rate. A Press […]
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