Pre-opening Comments for Monday January 31st U.S. equity index futures were lower this morning. S&P 500 futures were down 17 points in pre-opening trade. Netflix gained $10.63 to $394.99 after Citigroup raised its recommendation from Neutral to Buy. Tesla advanced $11.95 to $858.89 after Credit Suisse upgraded its recommendation from Neutral to Outperform Citrix Systems […]

Pre-opening Comments for Friday January 28th U.S. equity index futures were lower this morning. S&P 500 futures were down 12 points in pre-opening trade. Index futures moved higher following release of economic news at 8:30 AM EST. Consensus for December Personal Income was an increase of 0.4% versus an increase of 0.4% in November. Actual […]

Pre-opening Comments for Thursday January 27th U.S. equity index futures were mixed at 7:30 AM EST. S&P 500 futures were unchanged. Investors were waiting for a series of economic reports to be released at 8:30 AM EST. December Durable Goods Orders are expected to increase 0.2% versus a gain of 2.6% in November. Excluding aircraft […]

Pre-opening Comments for Wednesday January 26th U.S. equity index futures were higher this morning. S&P 500 futures were up 72 points in pre-opening trade. Microsoft added $3.51 to 292.00 after reporting better than expected fiscal second quarter revenues and guidance. Oppenheimer raised its target price from $330 to $340. Texas Instruments added $6.97 to 180.92 […]

Pre-opening Comments for Tuesday January 25th U.S. equity index futures were lower this morning. S&P 500 futures were down 70 points in pre-opening trade. IBM added $3.18 to $132.00 after reporting higher than consensus fourth quarter revenues and earnings. MMM advanced $2.91 to $175.71 after reporting higher than consensus fourth quarter earnings. General Electric dropped$2.49 […]