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Tech Talk for Tuesday May 24th 2022

Daily Reports 5 Comments »

Pre-opening Comments for Tuesday May 24th U.S. equity index futures were lower this morning. S&P 500 futures were down 46 points in pre-opening trade. Zoom gained $4.21 to $93.54 after first quarter results beat consensus estimates. The company also offered positive second quarter guidance. Best Buy added $3.41 to $76.00 after reporting higher than consensus […]

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Tech Talk for Monday May 23rd 2022

Daily Reports 1 Comment »

  The Bottom Line U.S. equity markets closely are following their historic trend during a U.S. mid-term Presidential Election year: From January to June during the year, investor uncertainty increases following initiation by the President of difficult federal programs (e.g. increases in taxes to pay for new programs). The President’s subsequent less favourable political ratings […]

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Tech Talk for Friday May 20th 2022

Daily Reports 14 Comments »

Pre-opening Comments for Friday May 20th U.S. equity index futures were higher this morning. S&P 500 futures were up 43 points in pre-opening trade. Index futures responded partially to news that China lowered its central bank interest rates in order to stimulate the economy. Applied Materials dropped $2.27 to $108.47 after reporting lower than consensus […]

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Tech Talk for Thursday May 19th 2022

Daily Reports 6 Comments »

Pre-opening Comments for Thursday May 19th U.S. equity index futures were lower this morning. At 7:30 AM EDT S&P 500 futures were down 34 points in pre-opening trade. Several U.S. economic data points are scheduled for release this morning that could influence equity prices: May Philly Fed Index to be released at 8:30 AM EDT […]

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Tech Talk for Wednesday May 18th 2022

Daily Reports 5 Comments »

Pre-opening Comments for Wednesday May 18th U.S. equity index futures were lower this morning. S&P 500 futures were down 28 points in pre-opening trade. Equity index futures were virtually unchanged following release of U.S. April Housing Starts at 8:30 AM EDT. Consensus was a slip to 1.783 million units from 1.793 million units in March. […]

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