The Bottom Line Key focuses this week are on third quarter results released by some of the largest U.S. companies including: Ford on Monday Alphabet, McDonalds and Pfizer on Tuesday Microsoft and Eli Lily on Wednesday Apple and Amazon on Thursday Exxon Mobil and Chevron on Friday Volatility in U.S. equity markets (measured by […]

  Editor’s Note: Don Vialoux was a guest on “Wolf on Bay Street”. The show is to be released on Saturday on Corus Radio 640 at 7:00 PM EDT. Comments focused on outlook for North American equity market between now and release of fourth quarter corporate reports in January. Pre-opening Comments for Friday October 25th […]

Pre-opening Comments for Thursday October 24th U.S. equity index futures were higher this morning. S&P 500 futures were up 28 points at 8:30 AM EDT. Canada’s major chartered banks lowered their prime lending rate by 50 basis points, matching a drop in the Bank of Canada’s interest rate. Tesla gained $20.10 to $233.75 after reporting […]

Pre-opening Comments for Wednesday October 23rd U.S. equity index futures were lower this morning. S&P 500 futures were down 14 points at 8:30 AM EDT. Bank of Canada issues an economic outlook statement at 9:45 AM EDT. Consensus calls for a 0.50% drop in the Bank’s lending rate. McDonald’s dropped $21.69 to $293.00 after confirming […]

Pre-opening Comments for Tuesday October 22nd U.S. equity index futures were lower this morning. S&P 500 futures were down 24 points at 8:30 AM EDT. Nucor dropped $4.41 to $151.70 after reporting lower third quarter earnings. The company also offered lower fourth quarter revenue guidance. Zion Bancorp added $2.86 to $52.30 after reporting higher than […]