‘Tomorrow is the first blank page of a 365-page book.   Write a good one.’ Brad Paisley   Holiday Notice Tech Talk next appears on Monday January 3rd. U.S. equity markets are open on Monday. The Toronto Exchange is closed on Monday. Pre-opening Comments for Friday December 31st 2021 U.S. equity index futures were lower this […]

“You are never to old to set a new goal, or to dream a new dream.” C.S. Lewis   Pre-opening Comments for Thursday December 30th U.S. equity index futures were higher this morning. S&P 500 futures added 5 points in pre-opening trade. Johnson & Johnson advanced $0.45 to $172.00 after announcing that its COVID 19 […]

Pre-opening Comments for Wednesday December 29th U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Victoria’s Secret added $2.42 to $51.00 after the company set a $250 million accelerated stock repurchase agreement. Akamai Technologies gained $1.53 to $119.98 after D A Davidson initiated coverage with a Buy rating. […]

Pre-opening Comments for Tuesday December 28th U.S. equity index futures moved higher this morning. S&P 500 futures gained 12 points in pre-opening trade to another all-time high. World equity markets were higher in overnight trade. The Nikkei Average added 392.70 to 29,069.16.The EuroStoxx 600 gained 2.91 to 488.40. Precious metal prices moved higher on overnight […]

The Bottom Line Santa Claus comes to Bay Street and Wall Street. The S&P 500 Index closed at an all-time closing high at 4,725.79, just short of its all-time inter-day high at 4743.83. Historically, the Santa Claus rally has extended to the end of the first week in January. Observations Intermediate term technical indicator for […]