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Tech Talk for Wednesday January 17th 2018

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Pre-opening Comments for Wednesday January 17th U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points in pre-opening trade. The Canadian Dollar was quiet at US80.38 cents prior to the Bank of Canada‚Äôs announcement on its overnight lending rate at 10:00 AM EST. Consensus is that rate will be increased […]

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Tech Talk for Wednesday January 17th 2018

Daily Reports Comments Off on Tech Talk for Wednesday January 17th 2018

  Observations Huge key reversal yesterday by U.S. equity market! The Dow Jones Industrial Average initially surged to over 26,000, but weakened through most of the day to close at a small loss. The VIX Index spiked. Technical action by S&P 500 stocks was relatively quiet given their volatility. Three stocks broke intermediate resistance (PDCO, […]

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