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Tech Talk for Thursday May 31st 2018

Daily Reports 9 Comments »

  StockTwits released yesterday @EquityClock Laurentian Bank $LB.CA moved below $46.94 extending an intermediate downtrend. Technical action by S&P 500 stocks to 10:00: Quiet. Intermediate breakouts: $HRL $BIIB. Breakdown: $KORS Editor’s Note: After 10:00 AM EDT, intermediate breakouts included AMD, CHD, DGX, EQR, EXC, EXPE, NEE PGR and VTR NASDAQ Biotech ETF $IBB moved above […]

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Tech Talk for Wednesday May 30th 2018

Daily Reports 37 Comments »

Pre-opening Comments for Wednesday May 30th U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points in pre-opening trade. Index futures moved slightly lower following release of economic news. Consensus for May ADP Employment reported at 8:15 AM EDT was a drop to 186,000 from 204,000 in April. Actual was […]

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Tech Talk for Tuesday May 29th 2018

Daily Reports 24 Comments »

Pre-opening Comments for Tuesday May 29th U.S. equity index futures were lower this morning. S&P 500 futures were down 15 points in pre-opening trade. Investors are responding to growing political instability in Italy. Netflix added $0.04 to $351.33 after MKM Partners raised its target price on the stock to $390 from $320. Bank of Nova […]

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Tech Talk for Monday May 28th 2018

Daily Reports 11 Comments »

Pre-opening Comments for Monday May 28th The TSX Composite Index is expected to open slightly lower this morning. The Index is expected to respond to drop in the price of crude oil, down another $0.98 to $66.90 per barrel in overnight trade. Russia and OPEC reportedly are considering an increase in oil production. Trading activity […]

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Tech Talk for Friday May 25th 2018

Daily Reports 45 Comments »

Pre-opening Comments for Friday May 25th U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points in pre-opening trade. Index futures moved slightly lower following release of April Durable Goods Orders at 8:30 AM EDT. Consensus was a drop of 1.4% versus gain of 2.7% in March. Actual was a […]

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