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Tech Talk for Thursday April 30th 2020

Daily Reports 7 Comments »

Pre-opening Comments for Thursday April 30th U.S. equity index futures moved lower this morning. S&P 500 futures were down 13 points in pre-opening trade. Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for March Personal Spending was a drop of 5.0% versus a gain of 0.2% in February. […]

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Tech Talk for Wednesday April 29th 2020

Daily Reports 17 Comments »

Pre-opening Comments for Wednesday April 29th U.S. equity index futures were higher this morning. S&P 500 futures were up 44 points in pre-opening trade. Investors are waiting for news from the Federal Reserve at 2:00 PM EDT. Consensus is that the Fed Fund Rate will remain unchanged. Index futures were virtually unchanged following release of […]

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Tech Talk for Tuesday April 28th 2020

Daily Reports 7 Comments »

Pre-opening Comments for Tuesday April 28th U.S. equity index futures moved higher this morning. S&P 500 futures were up 37 points in pre-opening trade. Pfizer gained $0.77 to $39.10 after reporting higher than consensus first quarter earnings. Merck dropped $1.58 to $82.40 after lowering sales and earnings guidance for remainder of the year. UPS fell […]

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Tech Talk for Monday April 27th 2020

Daily Reports 19 Comments »

Pre-opening Comments for Monday April 27th U.S. equity index futures were higher this morning. S&P 500 futures advanced 29 points in pre-opening trade. Facebook added $4.23 to $194.38 after Stifel Nicolaus increased its target price from $200 to $230. MasterCard gained $3.84 to $262.60 after Wedbush raised its target price from $250 to $300. Visa […]

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Tech Talk for Friday April 24th 2020

Daily Reports 17 Comments »

Pre-opening Comments for Friday April 24th U.S. equity index futures were higher this morning. S&P 500 futures were up 21 points in pre-opening trade. Index futures responded to news that the House of Representatives passed a bill to support workers during the coronavirus pandemic. Index futures were virtually unchanged following release of March Durable Goods […]

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